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RKEC PROJECTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RKEC PROJECTS is 14.88.

Share Price ₹91.0Apr 19,2024
Market Cap ₹218.3 Cr
Earnings-TTM₹14.7 CrTTM-Consolidated Results
Price/Earnings14.88xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RKEC PROJECTS

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 RKEC PROJECTS is calculated as :

Current Market Cap [ ₹218.3 Cr] as on Apr 19,2024

(/) Earnings [ ₹14.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 14.88x ]

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

Thus, for RKEC PROJECTS , the investors are currently willing to pay 14.88 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 RKEC PROJECTS !

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 RKEC PROJECTS over the last five years.

Historical PE (Price/Earnings) ratio chart of RKEC PROJECTS


PE Ratio Performance Analysis for RKEC PROJECTS

- RKEC PROJECTS 's latest p/e ratio is 14.88x.

- RKEC PROJECTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.23x.

- RKEC PROJECTS 's operated at median p/e ratio of 9.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RKEC PROJECTS 's p/e ratio peaked in Mar2022 at 16.29x.

- RKEC PROJECTS 's p/e ratio hit its five-year low in Mar2020 of 2.89x.


How does RKEC PROJECTS 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RKEC PROJECTS 14.6714.88218.3
LARSEN & TOUBRO LTD15,012.9032.22483,780.0
RAIL VIKAS NIGAM LTD1,375.6439.2053,929.0
GMR AIRPORTS INFRASTRUCTURE LTD-1,531.32-31.7548,619.5
IRB INFRASTRUCTURE DEVELOPERS LTD763.3852.2839,911.8
IRCON INTERNATIONAL LTD865.9823.5920,428.0
KEC INTERNATIONAL LTD267.2067.0017,901.1
KALPATARU PROJECTS INTERNATIONAL LTD487.0040.2419,599.1
NCC LTD693.9821.9415,228.4
GR INFRAPROJECTS LTD1,159.5610.9912,738.3
STERLING AND WILSON RENEWABLE ENERGY LTD-633.33-20.6613,083.8

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs RKEC PROJECTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -31.75x
Max industry PE 67.00x
Median industry PE 23.59x
Average industry PE 22.72x



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