RANE (MADRAS)
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The Current P/E Ratio of RANE (MADRAS) is 99.87.
| Share Price | ₹1,280.6 | Sep 06,2024 |
| Market Cap | ₹2,087.3 Cr | |
| Earnings-TTM | ₹20.9 Cr | TTM-Consolidated Results |
| Price/Earnings | 99.87x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of RANE (MADRAS)
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)
Current Market Cap [ ₹2,087.3 Cr] as on Sep 06,2024
(/) Earnings [ ₹20.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 99.87x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for RANE (MADRAS) , the investors are currently willing to pay 99.87 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 RANE (MADRAS) !
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 RANE (MADRAS) over the last five years.
Thus, for RANE (MADRAS) , the investors are currently willing to pay 99.87 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 RANE (MADRAS) !
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 RANE (MADRAS) over the last five years.
Historical PE (Price/Earnings) ratio chart of RANE (MADRAS)
PE Ratio Performance Analysis for RANE (MADRAS)
- RANE (MADRAS) 's latest p/e ratio is 99.87x.
- RANE (MADRAS) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 89.31x.
- RANE (MADRAS) 's operated at median p/e ratio of 22.05x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RANE (MADRAS) 's p/e ratio peaked in Mar2024 at 370.81x.
- RANE (MADRAS) 's p/e ratio hit its five-year low in Mar2021 of 0x.
- RANE (MADRAS) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 89.31x.
- RANE (MADRAS) 's operated at median p/e ratio of 22.05x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RANE (MADRAS) 's p/e ratio peaked in Mar2024 at 370.81x.
- RANE (MADRAS) 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does RANE (MADRAS) 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?
| Peer Comparison (Auto Ancillary Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| RANE (MADRAS) | 20.90 | 99.87 | 2,087.3 |
| BOSCH LTD | 2,546.70 | 37.49 | 95,465.5 |
| SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3,146.11 | 40.44 | 127,227.0 |
| SONA BLW PRECISION FORGINGS LTD | 547.46 | 76.98 | 42,141.0 |
| UNO MINDA LTD | 763.56 | 82.79 | 63,215.4 |
| ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 406.15 | 74.37 | 30,207.1 |
| ENDURANCE TECHNOLOGIES LTD | 720.84 | 49.22 | 35,478.7 |
| JBM AUTO LTD | 194.58 | 115.73 | 22,517.8 |
| TVS HOLDINGS LTD | 1,985.93 | 14.43 | 28,664.9 |
| MINDA CORPORATION LTD | 241.01 | 54.60 | 13,160.1 |
| CRAFTSMAN AUTOMATION LTD | 315.14 | 47.50 | 14,969.6 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs RANE (MADRAS) 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 14.43x |
| Max industry PE | 115.73x |
| Median industry PE | 54.60x |
| Average industry PE | 63.04x |
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