RHI MAGNESITA INDIA
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The Current P/E Ratio of RHI MAGNESITA INDIA is -105.61.
Share Price | ₹510.0 | Nov 22,2024 |
Market Cap | ₹10,531.5 Cr | |
Earnings-TTM | ₹-99.7 Cr | TTM-Consolidated Results |
Price/Earnings | -105.61x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RHI MAGNESITA INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹10,531.5 Cr] as on Nov 22,2024
(/) Earnings [ ₹-99.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -105.61x ]
Thus, for RHI MAGNESITA INDIA , the investors are currently willing to pay -105.61 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 RHI MAGNESITA INDIA !
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 RHI MAGNESITA INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of RHI MAGNESITA INDIA
PE Ratio Performance Analysis for RHI MAGNESITA INDIA
- RHI MAGNESITA INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.37x.
- RHI MAGNESITA INDIA 's operated at median p/e ratio of 10.26x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RHI MAGNESITA INDIA 's p/e ratio peaked in Mar2022 at 36.67x.
- RHI MAGNESITA INDIA 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does RHI MAGNESITA INDIA 's P/E Ratio benchmark against top 10 peers in Refractories Industry?
Peer Comparison (Refractories Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RHI MAGNESITA INDIA | -99.72 | -105.61 | 10,531.5 |
VESUVIUS INDIA LTD | 261.66 | 40.52 | 10,602.9 |
IFGL REFRACTORIES LTD | 50.79 | 33.80 | 1,716.9 |
MORGANITE CRUCIBLE (INDIA) LTD | 24.18 | 42.80 | 1,035.1 |
ORIENT CERATECH LTD | 14.30 | 34.90 | 499.1 |
ASSOCIATED CERAMICS LTD | 1.49 | 37.57 | 55.9 |
NILACHAL REFRACTORIES LTD | -7.70 | -11.09 | 85.4 |
Refractories Industry Benchmark (Top 10) PE Analysis vs RHI MAGNESITA INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -105.61x |
Max industry PE | 42.80x |
Median industry PE | 34.90x |
Average industry PE | 10.41x |
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