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SHREE RAMA MULTITECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHREE RAMA MULTITECH is 38.25.

Share Price ₹42.8Jan 17,2025
Market Cap ₹571.4 Cr
Earnings-TTM₹14.9 CrTTM-Standalone Results
Price/Earnings38.25xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHREE RAMA MULTITECH

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 SHREE RAMA MULTITECH is calculated as :

Current Market Cap [ ₹571.4 Cr] as on Jan 17,2025

(/) Earnings [ ₹14.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 38.25x ]

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

Thus, for SHREE RAMA MULTITECH , the investors are currently willing to pay 38.25 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 SHREE RAMA MULTITECH !

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 SHREE RAMA MULTITECH over the last five years.

Historical PE (Price/Earnings) ratio chart of SHREE RAMA MULTITECH


PE Ratio Performance Analysis for SHREE RAMA MULTITECH

- SHREE RAMA MULTITECH 's latest p/e ratio is 38.25x.

- SHREE RAMA MULTITECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.10x.

- SHREE RAMA MULTITECH 's operated at median p/e ratio of 9.54x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHREE RAMA MULTITECH 's p/e ratio peaked in Mar2024 at 31.39x.

- SHREE RAMA MULTITECH 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does SHREE RAMA MULTITECH 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SHREE RAMA MULTITECH 14.9438.25571.4
ASTRAL LTD522.9077.2140,371.8
SUPREME INDUSTRIES LTD964.1155.3753,378.6
FINOLEX INDUSTRIES LTD777.4416.6012,909.0
RESPONSIVE INDUSTRIES LTD188.2435.446,670.6
PRINCE PIPES AND FITTINGS LTD131.6633.444,402.5
EPL LTD256.6028.497,310.1
JAI CORP LTD67.8038.392,602.7
TIME TECHNOPLAST LTD367.6126.779,840.8
GARWARE HITECH FILMS LTD306.3031.599,676.8
JAIN IRRIGATION SYSTEMS LTD36.76139.375,123.3

Plastic Products Industry Benchmark (Top 10) PE Analysis vs SHREE RAMA MULTITECH 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 16.60x
Max industry PE 139.37x
Median industry PE 35.44x
Average industry PE 47.36x



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