RHETAN TMT
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The Current P/E Ratio of RHETAN TMT is 88.18.
| Share Price | ₹14.1 | Nov 03,2026 |
| Market Cap | ₹1,123.6 Cr | |
| Earnings-TTM | ₹12.7 Cr | TTM-Standalone Results |
| Price/Earnings | 88.18x | 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 [ ₹1,123.6 Cr] as on Nov 03,2026
(/) Earnings [ ₹12.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 88.18x ]
Thus, for RHETAN TMT , the investors are currently willing to pay 88.18 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 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 Ratio | Market Cap |
|---|---|---|---|
| RHETAN TMT | 12.74 | 88.18 | 1,123.6 |
| JSW STEEL LTD | 31,801.00 | 10.14 | 322,445.0 |
| TATA STEEL LTD | 10,878.80 | 20.22 | 219,958.0 |
| STEEL AUTHORITY OF INDIA LTD | 5,243.31 | 13.16 | 68,979.8 |
| JINDAL STAINLESS LTD | 3,267.72 | 17.12 | 55,932.8 |
| APL APOLLO TUBES LTD | 1,309.92 | 45.76 | 59,939.5 |
| WELSPUN CORP LTD | 1,510.67 | 40.52 | 61,211.3 |
| SHYAM METALICS AND ENERGY LTD | 1,370.78 | 24.79 | 33,987.1 |
| GODAWARI POWER AND ISPAT LTD | 799.43 | 16.23 | 12,978.6 |
| SARDA ENERGY & MINERALS LTD | 1,091.64 | 13.85 | 15,124.2 |
| RATNAMANI METALS & TUBES LTD | 514.35 | 32.42 | 16,673.8 |
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 | 10.14x |
| Max industry PE | 88.18x |
| Median industry PE | 20.22x |
| Average industry PE | 29.31x |
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