RANE BRAKE LINING
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The Current P/E Ratio of RANE BRAKE LINING is 15.35.
Share Price | ₹905.0 | Nov 19,2024 |
Market Cap | ₹696.9 Cr | |
Earnings-TTM | ₹45.4 Cr | TTM-Standalone Results |
Price/Earnings | 15.35x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RANE BRAKE LINING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹696.9 Cr] as on Nov 19,2024
(/) Earnings [ ₹45.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 15.35x ]
Thus, for RANE BRAKE LINING , the investors are currently willing to pay 15.35 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 RANE BRAKE LINING !
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 BRAKE LINING over the last five years.
Historical PE (Price/Earnings) ratio chart of RANE BRAKE LINING
PE Ratio Performance Analysis for RANE BRAKE LINING
- RANE BRAKE LINING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 14.61x.
- RANE BRAKE LINING 's operated at median p/e ratio of 14.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RANE BRAKE LINING 's p/e ratio peaked in Mar2021 at 19.33x.
- RANE BRAKE LINING 's p/e ratio hit its five-year low in Mar2020 of 8.03x.
How does RANE BRAKE LINING '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 BRAKE LINING | 45.40 | 15.35 | 696.9 |
BOSCH LTD | 2,083.70 | 48.48 | 101,022.0 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3,690.38 | 31.49 | 116,204.0 |
SONA BLW PRECISION FORGINGS LTD | 566.97 | 74.53 | 42,257.6 |
UNO MINDA LTD | 796.76 | 74.91 | 59,687.2 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 409.59 | 68.82 | 28,186.2 |
ENDURANCE TECHNOLOGIES LTD | 769.27 | 43.17 | 33,206.3 |
JBM AUTO LTD | 207.11 | 82.27 | 17,039.4 |
TVS HOLDINGS LTD | 2,135.26 | 11.04 | 23,577.9 |
MINDA CORPORATION LTD | 253.50 | 45.74 | 11,594.2 |
CRAFTSMAN AUTOMATION LTD | 272.18 | 43.91 | 11,951.3 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs RANE BRAKE LINING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.04x |
Max industry PE | 82.27x |
Median industry PE | 45.74x |
Average industry PE | 49.06x |
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