RAJ RAYON INDUSTRIES
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The Current P/E Ratio of RAJ RAYON INDUSTRIES is -807.25.
Share Price | ₹25.8 | Feb 21,2025 |
Market Cap | ₹1,435.3 Cr | |
Earnings-TTM | ₹-1.8 Cr | TTM-Standalone Results |
Price/Earnings | -807.25x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAJ RAYON INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,435.3 Cr] as on Feb 21,2025
(/) Earnings [ ₹-1.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -807.25x ]
Thus, for RAJ RAYON INDUSTRIES , the investors are currently willing to pay -807.25 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 RAJ RAYON 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 RAJ RAYON INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of RAJ RAYON INDUSTRIES
PE Ratio Performance Analysis for RAJ RAYON INDUSTRIES
- RAJ RAYON INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 62.15x.
- RAJ RAYON INDUSTRIES '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, RAJ RAYON INDUSTRIES 's p/e ratio peaked in Mar2024 at 310.73x.
- RAJ RAYON INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does RAJ RAYON INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?
Peer Comparison (Textile - Manmade Fibres Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RAJ RAYON INDUSTRIES | -1.78 | -807.25 | 1,435.3 |
GANESHA ECOSPHERE LTD | 100.96 | 35.36 | 3,570.0 |
INDO RAMA SYNTHETICS (INDIA) LTD | -90.15 | -11.41 | 1,028.5 |
SARLA PERFORMANCE FIBERS LTD | 61.16 | 10.22 | 625.0 |
BANSWARA SYNTEX LTD | 22.92 | 20.03 | 459.1 |
AK SPINTEX LTD | 6.65 | 65.38 | 434.7 |
PASUPATI ACRYLON LTD | 36.62 | 10.90 | 399.3 |
VARDHMAN ACRYLICS LTD | 15.16 | 23.89 | 362.2 |
Textile - Manmade Fibres Industry Benchmark (Top 10) PE Analysis vs RAJ RAYON INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -807.25x |
Max industry PE | 65.38x |
Median industry PE | 20.03x |
Average industry PE | -81.61x |
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