RAM RATNA WIRES
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The Current P/E Ratio of RAM RATNA WIRES is 41.93.
Share Price | ₹611.4 | Dec 03,2024 |
Market Cap | ₹2,689.9 Cr | |
Earnings-TTM | ₹64.2 Cr | TTM-Consolidated Results |
Price/Earnings | 41.93x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAM RATNA WIRES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,689.9 Cr] as on Dec 03,2024
(/) Earnings [ ₹64.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 41.93x ]
Thus, for RAM RATNA WIRES , the investors are currently willing to pay 41.93 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 RAM RATNA WIRES !
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 RAM RATNA WIRES over the last five years.
Historical PE (Price/Earnings) ratio chart of RAM RATNA WIRES
PE Ratio Performance Analysis for RAM RATNA WIRES
- RAM RATNA WIRES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.10x.
- RAM RATNA WIRES 's operated at median p/e ratio of 5.91x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAM RATNA WIRES 's p/e ratio peaked in Mar2024 at 21.54x.
- RAM RATNA WIRES 's p/e ratio hit its five-year low in Mar2020 of 3.4x.
How does RAM RATNA WIRES '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 |
---|---|---|---|
RAM RATNA WIRES | 64.15 | 41.93 | 2,689.9 |
HINDUSTAN ZINC LTD | 8,738.00 | 24.53 | 214,308.0 |
HINDALCO INDUSTRIES LTD | 12,486.00 | 12.01 | 149,924.0 |
VEDANTA LTD | 15,839.00 | 11.56 | 183,143.0 |
HINDUSTAN COPPER LTD | 402.82 | 68.38 | 27,545.7 |
GRAVITA INDIA LTD | 270.81 | 54.74 | 14,823.1 |
SHIVALIK BIMETAL CONTROLS LTD | 76.75 | 42.46 | 3,259.0 |
BHARAT WIRE ROPES LTD | 96.34 | 16.76 | 1,614.4 |
NILE LTD | 34.41 | 16.75 | 576.4 |
RAJNANDINI METAL LTD | 1.69 | 164.25 | 277.6 |
SHERA ENERGY LTD | 15.40 | 30.48 | 469.6 |
Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs RAM RATNA WIRES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.56x |
Max industry PE | 164.25x |
Median industry PE | 30.48x |
Average industry PE | 43.99x |
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