RIR POWER ELECTRONICS
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The Current P/E Ratio of RIR POWER ELECTRONICS is 320.98.
Share Price | ₹3,169.8 | Jan 02,2025 |
Market Cap | ₹2,440.7 Cr | |
Earnings-TTM | ₹7.6 Cr | TTM-Consolidated Results |
Price/Earnings | 320.98x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RIR POWER ELECTRONICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,440.7 Cr] as on Jan 02,2025
(/) Earnings [ ₹7.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 320.98x ]
Thus, for RIR POWER ELECTRONICS , the investors are currently willing to pay 320.98 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 RIR POWER ELECTRONICS !
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 RIR POWER ELECTRONICS over the last five years.
Historical PE (Price/Earnings) ratio chart of RIR POWER ELECTRONICS
PE Ratio Performance Analysis for RIR POWER ELECTRONICS
- RIR POWER ELECTRONICS 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 52.73x.
- RIR POWER ELECTRONICS 's operated at median p/e ratio of 63.06x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, RIR POWER ELECTRONICS 's p/e ratio peaked in Mar2024 at 86.4x.
- RIR POWER ELECTRONICS 's p/e ratio hit its five-year low in Mar2021 of 26.51x.
How does RIR POWER ELECTRONICS 's P/E Ratio benchmark against top 10 peers in Electronics - Components Industry?
Peer Comparison (Electronics - Components Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RIR POWER ELECTRONICS | 7.60 | 320.98 | 2,440.7 |
KAYNES TECHNOLOGY INDIA LTD | 237.44 | 201.77 | 47,907.6 |
SYRMA SGS TECHNOLOGY LTD | 125.49 | 88.75 | 11,136.7 |
AVALON TECHNOLOGIES LTD | 28.81 | 224.21 | 6,460.0 |
DCX SYSTEMS LTD | 54.50 | 75.08 | 4,091.8 |
APOLLO MICRO SYSTEMS LTD | 47.05 | 80.67 | 3,795.9 |
IKIO LIGHTING LTD | 53.77 | 35.95 | 1,933.2 |
CENTUM ELECTRONICS LTD | -3.80 | -738.09 | 2,806.2 |
WEBSOL ENERGY SYSTEM LTD | -48.35 | -153.92 | 7,442.3 |
SWELECT ENERGY SYSTEMS LTD | 56.77 | 27.01 | 1,533.5 |
KERNEX MICROSYSTEMS (INDIA) LTD | -10.85 | -219.83 | 2,385.4 |
Electronics - Components Industry Benchmark (Top 10) PE Analysis vs RIR POWER ELECTRONICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -738.09x |
Max industry PE | 320.98x |
Median industry PE | 75.08x |
Average industry PE | -5.22x |
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