RANE HOLDINGS
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The Current P/E Ratio of RANE HOLDINGS is 25.13.
Share Price | ₹1,869.3 | Oct 31,2024 |
Market Cap | ₹2,673.1 Cr | |
Earnings-TTM | ₹106.4 Cr | TTM-Consolidated Results |
Price/Earnings | 25.13x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RANE HOLDINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
RANE HOLDINGS | 106.35 | 25.13 | 2,673.1 |
BAJAJ FINSERV LTD | 16,508.70 | 16.94 | 279,687.0 |
CHOLAMANDALAM FINANCIAL HOLDINGS LTD | 4,202.35 | 7.65 | 32,143.8 |
CAPRI GLOBAL CAPITAL LTD | 323.27 | 51.64 | 16,692.7 |
AUTHUM INVESTMENT & INFRASTRUCTURE LTD | 4,077.88 | 6.89 | 28,077.1 |
IIFL FINANCE LTD | 1,220.91 | 15.18 | 18,536.0 |
KAMA HOLDINGS LTD | 1,428.27 | 5.82 | 8,315.8 |
JSW HOLDINGS LTD | 173.87 | 61.85 | 10,752.7 |
RELIGARE ENTERPRISES LTD | 281.70 | 28.95 | 8,155.0 |
JM FINANCIAL LTD | -23.75 | -564.20 | 13,399.7 |
SUNDARAM FINANCE HOLDINGS LTD | 220.02 | 34.63 | 7,619.3 |
Finance - Investment Industry Benchmark (Top 10) PE Analysis vs RANE HOLDINGS 's P/E Ratio
Top 10 Industry Peers | PE 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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