RATNAVEER PRECISION ENGINEERING
|
The Current P/E Ratio of RATNAVEER PRECISION ENGINEERING is 24.93.
Share Price | ₹186.5 | Dec 20,2024 |
Market Cap | ₹988.5 Cr | |
Earnings-TTM | ₹39.7 Cr | TTM-Standalone Results |
Price/Earnings | 24.93x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RATNAVEER PRECISION ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹988.5 Cr] as on Dec 20,2024
(/) Earnings [ ₹39.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 24.93x ]
Thus, for RATNAVEER PRECISION ENGINEERING , the investors are currently willing to pay 24.93 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 RATNAVEER PRECISION ENGINEERING !
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 RATNAVEER PRECISION ENGINEERING over the last five years.
Historical PE (Price/Earnings) ratio chart of RATNAVEER PRECISION ENGINEERING
PE Ratio Performance Analysis for RATNAVEER PRECISION ENGINEERING
- RATNAVEER PRECISION ENGINEERING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.61x.
- RATNAVEER PRECISION ENGINEERING 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RATNAVEER PRECISION ENGINEERING 's p/e ratio peaked in Mar2024 at 18.04x.
- RATNAVEER PRECISION ENGINEERING 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does RATNAVEER PRECISION ENGINEERING 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
Peer Comparison (Steel & Iron Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RATNAVEER PRECISION ENGINEERING | 39.66 | 24.93 | 988.5 |
JSW STEEL LTD | 5,231.00 | 42.94 | 224,603.0 |
TATA STEEL LTD | 2,576.68 | 68.24 | 175,829.0 |
JINDAL STAINLESS LTD | 2,435.40 | 24.34 | 59,286.7 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 24.16 | 47,976.1 |
APL APOLLO TUBES LTD | 582.93 | 74.25 | 43,280.0 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 40.14 | 26,500.1 |
RATNAMANI METALS & TUBES LTD | 531.14 | 43.44 | 23,075.0 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 25.66 | 21,483.4 |
WELSPUN CORP LTD | 849.10 | 24.01 | 20,383.2 |
JINDAL SAW LTD | 1,872.13 | 10.26 | 19,210.8 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs RATNAVEER PRECISION ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.26x |
Max industry PE | 74.25x |
Median industry PE | 25.66x |
Average industry PE | 36.58x |
You may also like the below Video Courses