RITCO LOGISTICS
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The Current P/E Ratio of RITCO LOGISTICS is 22.16.
Share Price | ₹270.2 | Apr 25,2024 |
Market Cap | ₹662.0 Cr | |
Earnings-TTM | ₹29.9 Cr | TTM-Consolidated Results |
Price/Earnings | 22.16x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RITCO LOGISTICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹662.0 Cr] as on Apr 25,2024
(/) Earnings [ ₹29.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.16x ]
Thus, for RITCO LOGISTICS , the investors are currently willing to pay 22.16 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 RITCO LOGISTICS !
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 RITCO LOGISTICS over the last five years.
Historical PE (Price/Earnings) ratio chart of RITCO LOGISTICS
PE Ratio Performance Analysis for RITCO LOGISTICS
- RITCO LOGISTICS 's p/e ratio for fiscal years ending Mar2023 to Mar2023 averaged 15.07x.
- RITCO LOGISTICS 's operated at median p/e ratio of 15.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 1 fiscal years, RITCO LOGISTICS 's p/e ratio peaked in Mar2023 at 15.07x.
- RITCO LOGISTICS 's p/e ratio hit its five-year low in Mar2023 of 15.07x.
How does RITCO LOGISTICS 's P/E Ratio benchmark against top 10 peers in Logistics Industry?
Peer Comparison (Logistics Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RITCO LOGISTICS | 29.87 | 22.16 | 662.0 |
CONTAINER CORPORATION OF INDIA LTD | 1,204.93 | 50.83 | 61,252.4 |
AEGIS LOGISTICS LTD | 594.24 | 35.46 | 21,072.3 |
ALLCARGO LOGISTICS LTD | 216.33 | 33.89 | 7,330.6 |
TVS SUPPLY CHAIN SOLUTIONS LTD | -63.50 | -127.24 | 8,080.0 |
TRANSPORT CORPORATION OF INDIA LTD | 267.21 | 25.87 | 6,913.4 |
GATEWAY DISTRIPARKS LTD | 264.23 | 20.30 | 5,363.7 |
VRL LOGISTICS LTD | 315.70 | 15.72 | 4,961.2 |
MAHINDRA LOGISTICS LTD | -52.07 | -65.31 | 3,400.8 |
LANCER CONTAINER LINES LTD | 53.35 | 30.61 | 1,633.2 |
NAVKAR CORPORATION LTD | 4.99 | 325.61 | 1,625.5 |
Logistics Industry Benchmark (Top 10) PE Analysis vs RITCO LOGISTICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -127.24x |
Max industry PE | 325.61x |
Median industry PE | 25.87x |
Average industry PE | 33.45x |
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