RRIL
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The Current P/E Ratio of RRIL is 42.90.
| Share Price | ₹20.0 | Nov 22,2024 |
| Market Cap | ₹242.3 Cr | |
| Earnings-TTM | ₹5.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 42.90x | 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 [ ₹242.3 Cr] as on Nov 22,2024
(/) Earnings [ ₹5.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 42.90x ]
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 42.90 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 42.90 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 42.90x.
- RRIL 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 48.99x.
- RRIL 's operated at median p/e ratio of 54.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 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 13.03x.
- RRIL 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 48.99x.
- RRIL 's operated at median p/e ratio of 54.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 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 13.03x.
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 | 5.65 | 42.90 | 242.3 |
| PAGE INDUSTRIES LTD | 621.04 | 80.69 | 50,111.2 |
| KPR MILL LTD | 808.98 | 38.95 | 31,511.8 |
| VEDANT FASHIONS LTD | 402.90 | 83.81 | 33,767.3 |
| SWAN ENERGY LTD | 610.38 | 30.17 | 18,414.0 |
| WELSPUN LIVING LTD | 697.59 | 20.49 | 14,291.4 |
| ALOK INDUSTRIES LTD | -913.83 | -11.03 | 10,079.4 |
| VARDHMAN TEXTILES LTD | 751.84 | 16.91 | 12,712.1 |
| ARVIND LTD | 305.09 | 31.16 | 9,506.1 |
| GARWARE TECHNICAL FIBRES LTD | 225.46 | 40.50 | 9,131.4 |
| JINDAL WORLDWIDE LTD | 84.60 | 76.46 | 6,468.8 |
Textile Industry Benchmark (Top 10) PE Analysis vs RRIL 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -11.03x |
| Max industry PE | 83.81x |
| Median industry PE | 38.95x |
| Average industry PE | 41.00x |
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