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RAJRATAN GLOBAL WIRE
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAJRATAN GLOBAL WIRE is 32.29.

Share Price ₹471.8Jan 13,2025
Market Cap ₹2,396.5 Cr
Earnings-TTM₹74.2 CrTTM-Consolidated Results
Price/Earnings32.29xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RAJRATAN GLOBAL WIRE

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 RAJRATAN GLOBAL WIRE is calculated as :

Current Market Cap [ ₹2,396.5 Cr] as on Jan 13,2025

(/) Earnings [ ₹74.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 32.29x ]

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

Thus, for RAJRATAN GLOBAL WIRE , the investors are currently willing to pay 32.29 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 RAJRATAN GLOBAL WIRE !

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 RAJRATAN GLOBAL WIRE over the last five years.

Historical PE (Price/Earnings) ratio chart of RAJRATAN GLOBAL WIRE


PE Ratio Performance Analysis for RAJRATAN GLOBAL WIRE

- RAJRATAN GLOBAL WIRE 's latest p/e ratio is 32.29x.

- RAJRATAN GLOBAL WIRE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 20.82x.

- RAJRATAN GLOBAL WIRE 's operated at median p/e ratio of 21.19x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAJRATAN GLOBAL WIRE 's p/e ratio peaked in Mar2024 at 41.05x.

- RAJRATAN GLOBAL WIRE 's p/e ratio hit its five-year low in Mar2020 of 1.16x.


How does RAJRATAN GLOBAL WIRE 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RAJRATAN GLOBAL WIRE 74.2132.292,396.5
BOSCH LTD2,083.7043.8891,433.4
SAMVARDHANA MOTHERSON INTERNATIONAL LTD3,690.3826.6398,261.9
SONA BLW PRECISION FORGINGS LTD566.9761.6134,931.1
UNO MINDA LTD796.7674.6259,451.8
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD409.5951.5321,106.9
ENDURANCE TECHNOLOGIES LTD769.2736.6628,198.0
JBM AUTO LTD207.1180.0116,570.0
TVS HOLDINGS LTD2,135.269.0519,317.5
MINDA CORPORATION LTD253.5047.9812,162.0
CRAFTSMAN AUTOMATION LTD272.1843.5611,857.3

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs RAJRATAN GLOBAL WIRE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.05x
Max industry PE 80.01x
Median industry PE 43.88x
Average industry PE 46.16x



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