RAJNANDINI METAL
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The Current P/E Ratio of RAJNANDINI METAL is 126.31.
Share Price | ₹7.7 | Jan 28,2025 |
Market Cap | ₹213.5 Cr | |
Earnings-TTM | ₹1.7 Cr | TTM-Standalone Results |
Price/Earnings | 126.31x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAJNANDINI METAL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹213.5 Cr] as on Jan 28,2025
(/) Earnings [ ₹1.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 126.31x ]
Thus, for RAJNANDINI METAL , the investors are currently willing to pay 126.31 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 RAJNANDINI METAL !
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 RAJNANDINI METAL over the last five years.
Historical PE (Price/Earnings) ratio chart of RAJNANDINI METAL
PE Ratio Performance Analysis for RAJNANDINI METAL
- RAJNANDINI METAL 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.30x.
- RAJNANDINI METAL 's operated at median p/e ratio of 4.21x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAJNANDINI METAL 's p/e ratio peaked in Mar2023 at 22.64x.
- RAJNANDINI METAL 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does RAJNANDINI METAL 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?
Peer Comparison (Metal - Non Ferrous Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RAJNANDINI METAL | 1.69 | 126.31 | 213.5 |
HINDUSTAN ZINC LTD | 9,388.00 | 19.51 | 183,125.0 |
HINDALCO INDUSTRIES LTD | 12,486.00 | 10.33 | 129,036.0 |
VEDANTA LTD | 15,839.00 | 10.50 | 166,328.0 |
HINDUSTAN COPPER LTD | 402.82 | 54.66 | 22,019.1 |
GRAVITA INDIA LTD | 287.40 | 49.22 | 14,145.4 |
SHIVALIK BIMETAL CONTROLS LTD | 76.75 | 38.56 | 2,959.4 |
BHARAT WIRE ROPES LTD | 96.34 | 12.32 | 1,186.6 |
RAM RATNA WIRES LTD | 64.15 | 35.09 | 2,251.2 |
NILE LTD | 34.41 | 12.25 | 421.5 |
SHERA ENERGY LTD | 15.40 | 25.08 | 386.3 |
Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs RAJNANDINI METAL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.33x |
Max industry PE | 126.31x |
Median industry PE | 25.08x |
Average industry PE | 35.80x |
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