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RHETAN TMT
PE (Price/Earnings) Ratio

The Current P/E Ratio of RHETAN TMT is 284.62.

Share Price ₹19.6Apr 21,2025
Market Cap ₹1,565.1 Cr
Earnings-TTM₹5.5 CrTTM-Standalone Results
Price/Earnings284.62xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RHETAN TMT

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 RHETAN TMT is calculated as :

Current Market Cap [ ₹1,565.1 Cr] as on Apr 21,2025

(/) Earnings [ ₹5.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 284.62x ]

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

Thus, for RHETAN TMT , the investors are currently willing to pay 284.62 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 RHETAN TMT !

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 RHETAN TMT over the last five years.

Historical PE (Price/Earnings) ratio chart of RHETAN TMT


PE Ratio Performance Analysis for RHETAN TMT

- RHETAN TMT 's latest p/e ratio is 284.62x.

- RHETAN TMT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 77.89x.

- RHETAN TMT '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, RHETAN TMT 's p/e ratio peaked in Mar2023 at 217.65x.

- RHETAN TMT 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does RHETAN TMT 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RHETAN TMT 5.50284.621,565.1
JSW STEEL LTD3,478.0072.68252,787.0
TATA STEEL LTD2,376.4573.12173,770.0
JINDAL STAINLESS LTD2,426.0319.3446,921.9
STEEL AUTHORITY OF INDIA LTD1,707.7628.0647,914.1
APL APOLLO TUBES LTD634.3969.9944,399.8
MOTHERSON SUMI WIRING INDIA LTD632.3737.8223,918.2
SHYAM METALICS AND ENERGY LTD908.9227.9425,399.6
WELSPUN CORP LTD836.8324.7320,698.4
RATNAMANI METALS & TUBES LTD531.5335.1918,705.4
SARDA ENERGY & MINERALS LTD662.9225.9817,222.6

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs RHETAN TMT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.34x
Max industry PE 284.62x
Median industry PE 35.19x
Average industry PE 63.59x



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