RRIL
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The Current P/E Ratio of RRIL is 54.50.
| Share Price | ₹23.1 | Sep 06,2024 |
| Market Cap | ₹280.0 Cr | |
| Earnings-TTM | ₹5.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 54.50x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of RRIL
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)
Current Market Cap [ ₹280.0 Cr] as on Sep 06,2024
(/) Earnings [ ₹5.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 54.50x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for RRIL , the investors are currently willing to pay 54.50 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 RRIL !
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 RRIL over the last five years.
Thus, for RRIL , the investors are currently willing to pay 54.50 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 RRIL !
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 RRIL over the last five years.
Historical PE (Price/Earnings) ratio chart of RRIL
PE Ratio Performance Analysis for RRIL
- RRIL 's latest p/e ratio is 54.50x.
- RRIL 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 47.20x.
- RRIL 's operated at median p/e ratio of 38.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, RRIL 's p/e ratio peaked in Mar2021 at 90.39x.
- RRIL 's p/e ratio hit its five-year low in Mar2023 of 13.01x.
- RRIL 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 47.20x.
- RRIL 's operated at median p/e ratio of 38.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, RRIL 's p/e ratio peaked in Mar2021 at 90.39x.
- RRIL 's p/e ratio hit its five-year low in Mar2023 of 13.01x.
How does RRIL 's P/E Ratio benchmark against top 10 peers in Textile Industry?
| Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| RRIL | 5.14 | 54.50 | 280.0 |
| PAGE INDUSTRIES LTD | 576.06 | 78.27 | 45,086.2 |
| KPR MILL LTD | 805.82 | 36.71 | 29,580.6 |
| VEDANT FASHIONS LTD | 384.72 | 78.91 | 30,358.7 |
| SWAN ENERGY LTD | 708.82 | 27.58 | 19,550.3 |
| WELSPUN LIVING LTD | 695.57 | 25.39 | 17,662.8 |
| ALOK INDUSTRIES LTD | -826.59 | -16.31 | 13,485.6 |
| VARDHMAN TEXTILES LTD | 693.28 | 20.18 | 13,991.7 |
| ARVIND LTD | 326.48 | 31.51 | 10,288.6 |
| GARWARE TECHNICAL FIBRES LTD | 211.98 | 35.83 | 7,596.1 |
| JINDAL WORLDWIDE LTD | 80.03 | 91.49 | 7,322.0 |
Textile Industry Benchmark (Top 10) PE Analysis vs RRIL 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -16.31x |
| Max industry PE | 91.49x |
| Median industry PE | 35.83x |
| Average industry PE | 42.19x |
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