Home > PE Ratio > RIR POWER ELECTRONICS

RIR POWER ELECTRONICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RIR POWER ELECTRONICS is 226.52.

Share Price ₹1,698.9May 08,2024
Market Cap ₹1,189.2 Cr
Earnings-TTM₹5.3 CrTTM-Consolidated Results
Price/Earnings226.52xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for RIR POWER ELECTRONICS
Please provide your vote to see the results
RIR POWER ELECTRONICS is part of below Screeners ↓
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of RIR POWER ELECTRONICS

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 RIR POWER ELECTRONICS is calculated as :

Current Market Cap [ ₹1,189.2 Cr] as on May 08,2024

(/) Earnings [ ₹5.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 226.52x ]

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

Thus, for RIR POWER ELECTRONICS , the investors are currently willing to pay 226.52 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 RIR POWER ELECTRONICS !

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 RIR POWER ELECTRONICS over the last five years.

Historical PE (Price/Earnings) ratio chart of RIR POWER ELECTRONICS


PE Ratio Performance Analysis for RIR POWER ELECTRONICS

- RIR POWER ELECTRONICS 's latest p/e ratio is 226.52x.

- RIR POWER ELECTRONICS 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 41.50x.

- RIR POWER ELECTRONICS 's operated at median p/e ratio of 34.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, RIR POWER ELECTRONICS 's p/e ratio peaked in Mar2022 at 63.06x.

- RIR POWER ELECTRONICS 's p/e ratio hit its five-year low in Mar2021 of 26.51x.


How does RIR POWER ELECTRONICS 's P/E Ratio benchmark against top 10 peers in Electronics - Components Industry?

Peer Comparison (Electronics - Components Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RIR POWER ELECTRONICS 5.25226.521,189.2
KAYNES TECHNOLOGY INDIA LTD143.43111.7916,034.8
SYRMA SGS TECHNOLOGY LTD121.9969.838,518.8
AVALON TECHNOLOGIES LTD43.6376.763,349.4
DCX SYSTEMS LTD83.9541.573,490.3
APOLLO MICRO SYSTEMS LTD25.39122.143,100.7
IKIO LIGHTING LTD68.9032.382,231.1
CENTUM ELECTRONICS LTD28.6989.852,577.8
WEBSOL ENERGY SYSTEM LTD-71.83-39.922,867.5
SWELECT ENERGY SYSTEMS LTD33.7357.361,934.9
KERNEX MICROSYSTEMS (INDIA) LTD-17.52-47.52832.5

Electronics - Components Industry Benchmark (Top 10) PE Analysis vs RIR POWER ELECTRONICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -47.52x
Max industry PE 226.52x
Median industry PE 69.83x
Average industry PE 67.34x



You may also like the below Video Courses