RITES
|
The Current P/E Ratio of RITES is 29.89.
| Share Price | ₹256.0 | Aug 22,2025 |
| Market Cap | ₹12,303.4 Cr | |
| Earnings-TTM | ₹411.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 29.89x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of RITES
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)
Current Market Cap [ ₹12,303.4 Cr] as on Aug 22,2025
(/) Earnings [ ₹411.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 29.89x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for RITES , the investors are currently willing to pay 29.89 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 RITES !
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 RITES over the last five years.
Thus, for RITES , the investors are currently willing to pay 29.89 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 RITES !
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 RITES over the last five years.
Historical PE (Price/Earnings) ratio chart of RITES
PE Ratio Performance Analysis for RITES
- RITES 's latest p/e ratio is 29.89x.
- RITES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.27x.
- RITES 's operated at median p/e ratio of 13.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RITES 's p/e ratio peaked in Mar2024 at 35.05x.
- RITES 's p/e ratio hit its five-year low in Mar2020 of 9.98x.
- RITES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.27x.
- RITES 's operated at median p/e ratio of 13.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RITES 's p/e ratio peaked in Mar2024 at 35.05x.
- RITES 's p/e ratio hit its five-year low in Mar2020 of 9.98x.
How does RITES 's P/E Ratio benchmark against top 10 peers in Engineering Industry?
| Peer Comparison (Engineering Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| RITES | 411.68 | 29.89 | 12,303.4 |
| ENGINEERS INDIA LTD | 485.73 | 22.17 | 10,768.7 |
| KENNAMETAL INDIA LTD | 102.90 | 45.58 | 4,689.9 |
| INOX GREEN ENERGY SERVICES LTD | 40.72 | 138.13 | 5,624.5 |
| MTAR TECHNOLOGIES LTD | 59.27 | 78.80 | 4,670.7 |
| PITTI ENGINEERING LTD | 125.80 | 28.41 | 3,573.7 |
| THEJO ENGINEERING LTD | 52.46 | 39.89 | 2,092.5 |
| DIVGI TORQTRANSFER SYSTEMS LTD | 27.36 | 75.17 | 2,056.6 |
| AFFORDABLE ROBOTIC & AUTOMATION LTD | -10.51 | -42.21 | 443.6 |
| LOKESH MACHINES LTD | -0.04 | -12,079.19 | 446.9 |
| SOUTH WEST PINNACLE EXPLORATION LTD | 15.23 | 26.04 | 396.6 |
Engineering Industry Benchmark (Top 10) PE Analysis vs RITES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -12,079.19x |
| Max industry PE | 138.13x |
| Median industry PE | 29.89x |
| Average industry PE | -1,057.94x |
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