RHETAN TMT
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The Current P/E Ratio of RHETAN TMT is 216.04.
| Share Price | ₹27.9 | Jun 18,2026 |
| Market Cap | ₹2,224.1 Cr | |
| Earnings-TTM | ₹10.3 Cr | TTM-Standalone Results |
| Price/Earnings | 216.04x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹2,224.1 Cr] as on Jun 18,2026
(/) Earnings [ ₹10.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 216.04x ]
Thus, for RHETAN TMT , the investors are currently willing to pay 216.04 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 Mar2025 to Mar2021 averaged 165.66x.
- RHETAN TMT 's operated at median p/e ratio of 171.92x 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 438.73x.
- 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 | 10.30 | 216.04 | 2,224.1 |
| JSW STEEL LTD | 25,983.00 | 12.18 | 316,442.0 |
| TATA STEEL LTD | 10,517.30 | 23.80 | 250,356.0 |
| STEEL AUTHORITY OF INDIA LTD | 2,947.41 | 25.52 | 75,216.9 |
| JINDAL STAINLESS LTD | 3,167.84 | 18.40 | 58,286.5 |
| APL APOLLO TUBES LTD | 1,203.10 | 42.94 | 51,662.5 |
| WELSPUN CORP LTD | 1,278.15 | 28.84 | 36,855.5 |
| SHYAM METALICS AND ENERGY LTD | 1,060.07 | 25.67 | 27,216.8 |
| GODAWARI POWER AND ISPAT LTD | 795.55 | 22.90 | 18,217.4 |
| SARDA ENERGY & MINERALS LTD | 1,063.31 | 17.22 | 18,308.0 |
| RATNAMANI METALS & TUBES LTD | 534.47 | 34.32 | 18,343.1 |
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 | 12.18x |
| Max industry PE | 216.04x |
| Median industry PE | 25.52x |
| Average industry PE | 42.53x |
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