RACL GEARTECH
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The Current P/E Ratio of RACL GEARTECH is 29.82.
Share Price | ₹859.3 | Dec 30,2024 |
Market Cap | ₹928.0 Cr | |
Earnings-TTM | ₹31.1 Cr | TTM-Consolidated Results |
Price/Earnings | 29.82x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RACL GEARTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹928.0 Cr] as on Dec 30,2024
(/) Earnings [ ₹31.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 29.82x ]
Thus, for RACL GEARTECH , the investors are currently willing to pay 29.82 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 RACL GEARTECH !
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 RACL GEARTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of RACL GEARTECH
PE Ratio Performance Analysis for RACL GEARTECH
- RACL GEARTECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 20.40x.
- RACL GEARTECH 's operated at median p/e ratio of 26.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RACL GEARTECH 's p/e ratio peaked in Mar2024 at 32.71x.
- RACL GEARTECH 's p/e ratio hit its five-year low in Mar2020 of 3.44x.
How does RACL GEARTECH 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RACL GEARTECH | 31.12 | 29.82 | 928.0 |
BOSCH LTD | 2,083.70 | 47.93 | 99,880.1 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3,690.38 | 29.38 | 108,429.0 |
SONA BLW PRECISION FORGINGS LTD | 566.97 | 65.66 | 37,227.4 |
UNO MINDA LTD | 796.76 | 74.65 | 59,477.6 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 409.59 | 55.18 | 22,599.6 |
ENDURANCE TECHNOLOGIES LTD | 769.27 | 39.00 | 30,001.3 |
JBM AUTO LTD | 207.11 | 87.41 | 18,103.0 |
TVS HOLDINGS LTD | 2,135.26 | 9.96 | 21,265.1 |
MINDA CORPORATION LTD | 253.50 | 46.03 | 11,669.5 |
CRAFTSMAN AUTOMATION LTD | 272.18 | 47.03 | 12,800.1 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs RACL GEARTECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.96x |
Max industry PE | 87.41x |
Median industry PE | 47.03x |
Average industry PE | 48.37x |
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