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RUDRA ECOVATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of RUDRA ECOVATION is 10,565.97.

Share Price ₹49.0May 15,2024
Market Cap ₹422.6 Cr
Earnings-TTM₹0.0 CrTTM-Standalone Results
Price/Earnings10,565.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RUDRA ECOVATION

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 RUDRA ECOVATION is calculated as :

Current Market Cap [ ₹422.6 Cr] as on May 15,2024

(/) Earnings [ ₹0.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 10,565.97x ]

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

Thus, for RUDRA ECOVATION , the investors are currently willing to pay 10,565.97 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 RUDRA ECOVATION !

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 RUDRA ECOVATION over the last five years.

Historical PE (Price/Earnings) ratio chart of RUDRA ECOVATION


PE Ratio Performance Analysis for RUDRA ECOVATION

- RUDRA ECOVATION 's latest p/e ratio is 10,565.97x.

- RUDRA ECOVATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.32x.

- RUDRA ECOVATION 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RUDRA ECOVATION 's p/e ratio peaked in Mar2019 at 54.07x.

- RUDRA ECOVATION 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does RUDRA ECOVATION 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RUDRA ECOVATION 0.0410,565.97422.6
PAGE INDUSTRIES LTD539.3473.7539,776.9
KPR MILL LTD805.3535.4828,577.4
VEDANT FASHIONS LTD414.1762.5925,923.0
SWAN ENERGY LTD646.4628.3018,291.8
WELSPUN LIVING LTD672.6320.4713,765.7
ALOK INDUSTRIES LTD-845.86-15.7713,336.6
VARDHMAN TEXTILES LTD594.0522.1513,156.0
ARVIND LTD352.7127.239,604.5
GARWARE TECHNICAL FIBRES LTD198.3732.736,493.0
JINDAL WORLDWIDE LTD74.0194.897,022.2

Textile Industry Benchmark (Top 10) PE Analysis vs RUDRA ECOVATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -15.77x
Max industry PE 94.89x
Median industry PE 28.30x
Average industry PE 35.62x



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