RAIN INDUSTRIES
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The Current P/E Ratio of RAIN INDUSTRIES is 308.66.
Share Price | ₹167.6 | Jan 06,2025 |
Market Cap | ₹5,636.4 Cr | |
Earnings-TTM | ₹18.3 Cr | TTM-Standalone Results |
Price/Earnings | 308.66x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAIN INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹5,636.4 Cr] as on Jan 06,2025
(/) Earnings [ ₹18.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 308.66x ]
Thus, for RAIN INDUSTRIES , the investors are currently willing to pay 308.66 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 RAIN INDUSTRIES !
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 RAIN INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of RAIN INDUSTRIES
PE Ratio Performance Analysis for RAIN INDUSTRIES
- RAIN INDUSTRIES 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 162.61x.
- RAIN INDUSTRIES 's operated at median p/e ratio of 155.85x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAIN INDUSTRIES 's p/e ratio peaked in Dec2021 at 258.88x.
- RAIN INDUSTRIES 's p/e ratio hit its five-year low in Dec2019 of 93.58x.
How does RAIN INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Petrochemicals Industry?
Peer Comparison (Petrochemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RAIN INDUSTRIES | 18.26 | 308.66 | 5,636.4 |
AGARWAL INDUSTRIAL CORPORATION LTD | 123.08 | 15.04 | 1,850.7 |
VIKAS LIFECARE LTD | -4.47 | -172.00 | 769.5 |
TAMILNADU PETROPRODUCTS LTD | 36.60 | 19.06 | 697.7 |
KOTHARI PETROCHEMICALS LTD | 65.28 | 17.04 | 1,112.0 |
ORICON ENTERPRISES LTD | 3.81 | 159.27 | 607.2 |
MULTIBASE INDIA LTD | 14.91 | 27.58 | 411.3 |
Petrochemicals Industry Benchmark (Top 10) PE Analysis vs RAIN INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -172.00x |
Max industry PE | 308.66x |
Median industry PE | 19.06x |
Average industry PE | 53.52x |
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