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RHI MAGNESITA INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of RHI MAGNESITA INDIA is -25.49.

Share Price ₹643.4Apr 25,2024
Market Cap ₹13,285.2 Cr
Earnings-TTM₹-521.1 CrTTM-Consolidated Results
Price/Earnings-25.49xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RHI MAGNESITA INDIA

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 RHI MAGNESITA INDIA is calculated as :

Current Market Cap [ ₹13,285.2 Cr] as on Apr 25,2024

(/) Earnings [ ₹-521.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -25.49x ]

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

Thus, for RHI MAGNESITA INDIA , the investors are currently willing to pay -25.49 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 RHI MAGNESITA INDIA !

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 RHI MAGNESITA INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of RHI MAGNESITA INDIA


PE Ratio Performance Analysis for RHI MAGNESITA INDIA

- RHI MAGNESITA INDIA 's latest p/e ratio is -25.49x.

- RHI MAGNESITA INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 19.72x.

- RHI MAGNESITA INDIA 's operated at median p/e ratio of 19.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RHI MAGNESITA INDIA 's p/e ratio peaked in Mar2022 at 36.67x.

- RHI MAGNESITA INDIA 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does RHI MAGNESITA INDIA 's P/E Ratio benchmark against top 10 peers in Refractories Industry?

Peer Comparison (Refractories Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RHI MAGNESITA INDIA -521.12-25.4913,285.2
VESUVIUS INDIA LTD212.9441.628,863.0
IFGL REFRACTORIES LTD98.5523.912,356.4
MORGANITE CRUCIBLE (INDIA) LTD24.7832.03793.5
ORIENT CERATECH LTD20.6128.67590.9
ASSOCIATED CERAMICS LTD1.7933.6960.3
NILACHAL REFRACTORIES LTD-1.24-93.10115.6

Refractories Industry Benchmark (Top 10) PE Analysis vs RHI MAGNESITA INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -93.10x
Max industry PE 41.62x
Median industry PE 28.67x
Average industry PE 5.90x



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