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RHETAN TMT
PE (Price/Earnings) Ratio

The Current P/E Ratio of RHETAN TMT is 104.26.

Share Price ₹16.6Oct 06,2026
Market Cap ₹1,323.7 Cr
Earnings-TTM₹12.7 CrTTM-Standalone Results
Price/Earnings104.26xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RHETAN TMT

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of RHETAN TMT is calculated as :

Current Market Cap [ ₹1,323.7 Cr] as on Oct 06,2026

(/) Earnings [ ₹12.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 104.26x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for RHETAN TMT , the investors are currently willing to pay 104.26 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of RHETAN TMT !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of RHETAN TMT over the last five years.

Historical PE (Price/Earnings) ratio chart of RHETAN TMT


PE Ratio Performance Analysis for RHETAN TMT

- RHETAN TMT 's latest p/e ratio is 104.26x.

- RHETAN TMT 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 203.26x.

- RHETAN TMT 's operated at median p/e ratio of 187.54x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RHETAN TMT 's p/e ratio peaked in Mar2025 at 439.18x.

- RHETAN TMT 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does RHETAN TMT 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RHETAN TMT 12.70104.261,323.7
JSW STEEL LTD28,468.0010.82307,883.0
TATA STEEL LTD10,878.8020.49222,955.0
STEEL AUTHORITY OF INDIA LTD3,894.1818.9673,833.1
JINDAL STAINLESS LTD3,173.5719.4961,856.2
APL APOLLO TUBES LTD1,229.0448.4659,557.7
WELSPUN CORP LTD1,405.0849.8970,094.5
SHYAM METALICS AND ENERGY LTD1,120.1426.2529,403.8
GODAWARI POWER AND ISPAT LTD799.4318.4814,774.2
SARDA ENERGY & MINERALS LTD1,103.0515.9917,642.0
RATNAMANI METALS & TUBES LTD514.3535.3718,193.4

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs RHETAN TMT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.82x
Max industry PE 104.26x
Median industry PE 20.49x
Average industry PE 33.50x



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