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RITCO LOGISTICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RITCO LOGISTICS is 22.16.

Share Price ₹270.2Apr 25,2024
Market Cap ₹662.0 Cr
Earnings-TTM₹29.9 CrTTM-Consolidated Results
Price/Earnings22.16xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RITCO LOGISTICS

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 RITCO LOGISTICS is calculated as :

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 ]

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

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 latest p/e ratio is 22.16x.

- 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 RatioMarket Cap
RITCO LOGISTICS 29.8722.16662.0
CONTAINER CORPORATION OF INDIA LTD1,204.9350.8361,252.4
AEGIS LOGISTICS LTD594.2435.4621,072.3
ALLCARGO LOGISTICS LTD216.3333.897,330.6
TVS SUPPLY CHAIN SOLUTIONS LTD-63.50-127.248,080.0
TRANSPORT CORPORATION OF INDIA LTD267.2125.876,913.4
GATEWAY DISTRIPARKS LTD264.2320.305,363.7
VRL LOGISTICS LTD315.7015.724,961.2
MAHINDRA LOGISTICS LTD-52.07-65.313,400.8
LANCER CONTAINER LINES LTD53.3530.611,633.2
NAVKAR CORPORATION LTD4.99325.611,625.5

Logistics Industry Benchmark (Top 10) PE Analysis vs RITCO LOGISTICS 's P/E Ratio

Top 10 Industry PeersPE 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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