RAJNANDINI METAL
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The Current P/E Ratio of RAJNANDINI METAL is -81.35.
Share Price | ₹6.1 | Feb 21,2025 |
Market Cap | ₹169.2 Cr | |
Earnings-TTM | ₹-2.1 Cr | TTM-Standalone Results |
Price/Earnings | -81.35x | 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 [ ₹169.2 Cr] as on Feb 21,2025
(/) Earnings [ ₹-2.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -81.35x ]
Thus, for RAJNANDINI METAL , the investors are currently willing to pay -81.35 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 | -2.08 | -81.35 | 169.2 |
HINDUSTAN ZINC LTD | 9,388.00 | 19.20 | 180,252.0 |
VEDANTA LTD | 17,847.00 | 9.60 | 171,295.0 |
HINDALCO INDUSTRIES LTD | 13,890.00 | 10.57 | 146,879.0 |
HINDUSTAN COPPER LTD | 402.69 | 53.47 | 21,530.8 |
GRAVITA INDIA LTD | 287.40 | 44.95 | 12,918.3 |
SHIVALIK BIMETAL CONTROLS LTD | 78.68 | 32.97 | 2,594.2 |
RAM RATNA WIRES LTD | 71.43 | 33.98 | 2,426.9 |
PONDY OXIDES & CHEMICALS LTD | 53.40 | 36.15 | 1,930.3 |
BHARAT WIRE ROPES LTD | 96.34 | 11.20 | 1,079.4 |
NILE LTD | 32.70 | 14.33 | 468.5 |
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 | -81.35x |
Max industry PE | 53.47x |
Median industry PE | 19.20x |
Average industry PE | 16.82x |
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