RHETAN TMT
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The Current P/E Ratio of RHETAN TMT is 249.40.
Share Price | ₹17.2 | Apr 30,2025 |
Market Cap | ₹1,371.5 Cr | |
Earnings-TTM | ₹5.5 Cr | TTM-Standalone Results |
Price/Earnings | 249.40x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RHETAN TMT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,371.5 Cr] as on Apr 30,2025
(/) Earnings [ ₹5.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 249.40x ]
Thus, for RHETAN TMT , the investors are currently willing to pay 249.40 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 p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 77.89x.
- RHETAN TMT 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RHETAN TMT 's p/e ratio peaked in Mar2023 at 217.65x.
- 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 Ratio | Market Cap |
---|---|---|---|
RHETAN TMT | 5.50 | 249.40 | 1,371.5 |
JSW STEEL LTD | 3,478.00 | 72.30 | 251,466.0 |
TATA STEEL LTD | 2,376.45 | 73.41 | 174,456.0 |
JINDAL STAINLESS LTD | 2,426.03 | 19.78 | 47,996.9 |
STEEL AUTHORITY OF INDIA LTD | 1,707.76 | 27.45 | 46,881.5 |
APL APOLLO TUBES LTD | 634.39 | 70.81 | 44,921.5 |
MOTHERSON SUMI WIRING INDIA LTD | 632.37 | 38.96 | 24,638.8 |
SHYAM METALICS AND ENERGY LTD | 908.92 | 26.42 | 24,016.5 |
WELSPUN CORP LTD | 836.83 | 24.12 | 20,183.8 |
RATNAMANI METALS & TUBES LTD | 531.53 | 35.36 | 18,794.8 |
SARDA ENERGY & MINERALS LTD | 662.92 | 24.02 | 15,925.9 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs RHETAN TMT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.78x |
Max industry PE | 249.40x |
Median industry PE | 35.36x |
Average industry PE | 60.19x |
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