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RANE HOLDINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RANE HOLDINGS is 25.13.

Share Price ₹1,869.3Oct 31,2024
Market Cap ₹2,673.1 Cr
Earnings-TTM₹106.4 CrTTM-Consolidated Results
Price/Earnings25.13xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RANE HOLDINGS

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 RANE HOLDINGS is calculated as :

Current Market Cap [ ₹2,673.1 Cr] as on Oct 31,2024

(/) Earnings [ ₹106.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 25.13x ]

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

Thus, for RANE HOLDINGS , the investors are currently willing to pay 25.13 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 HOLDINGS !

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 HOLDINGS over the last five years.

Historical PE (Price/Earnings) ratio chart of RANE HOLDINGS


PE Ratio Performance Analysis for RANE HOLDINGS

- RANE HOLDINGS 's latest p/e ratio is 25.13x.

- RANE HOLDINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.42x.

- RANE HOLDINGS 's operated at median p/e ratio of 12.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RANE HOLDINGS 's p/e ratio peaked in Mar2022 at 34.79x.

- RANE HOLDINGS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does RANE HOLDINGS 's P/E Ratio benchmark against top 10 peers in Finance - Investment Industry?

Peer Comparison (Finance - Investment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RANE HOLDINGS 106.3525.132,673.1
BAJAJ FINSERV LTD16,508.7016.94279,687.0
CHOLAMANDALAM FINANCIAL HOLDINGS LTD4,202.357.6532,143.8
CAPRI GLOBAL CAPITAL LTD323.2751.6416,692.7
AUTHUM INVESTMENT & INFRASTRUCTURE LTD4,077.886.8928,077.1
IIFL FINANCE LTD1,220.9115.1818,536.0
KAMA HOLDINGS LTD1,428.275.828,315.8
JSW HOLDINGS LTD173.8761.8510,752.7
RELIGARE ENTERPRISES LTD281.7028.958,155.0
JM FINANCIAL LTD-23.75-564.2013,399.7
SUNDARAM FINANCE HOLDINGS LTD220.0234.637,619.3

Finance - Investment Industry Benchmark (Top 10) PE Analysis vs RANE HOLDINGS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -564.20x
Max industry PE 61.85x
Median industry PE 16.94x
Average industry PE -28.14x



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