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RAJNANDINI METAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAJNANDINI METAL is -81.35.

Share Price ₹6.1Feb 21,2025
Market Cap ₹169.2 Cr
Earnings-TTM₹-2.1 CrTTM-Standalone Results
Price/Earnings-81.35xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RAJNANDINI METAL

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of RAJNANDINI METAL is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is -81.35x.

- 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 RatioMarket Cap
RAJNANDINI METAL -2.08-81.35169.2
HINDUSTAN ZINC LTD9,388.0019.20180,252.0
VEDANTA LTD17,847.009.60171,295.0
HINDALCO INDUSTRIES LTD13,890.0010.57146,879.0
HINDUSTAN COPPER LTD402.6953.4721,530.8
GRAVITA INDIA LTD287.4044.9512,918.3
SHIVALIK BIMETAL CONTROLS LTD78.6832.972,594.2
RAM RATNA WIRES LTD71.4333.982,426.9
PONDY OXIDES & CHEMICALS LTD53.4036.151,930.3
BHARAT WIRE ROPES LTD96.3411.201,079.4
NILE LTD32.7014.33468.5

Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs RAJNANDINI METAL 's P/E Ratio

Top 10 Industry PeersPE 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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