RAJRATAN.NS
Price:
$465.85
Market Cap:
$23.65B
Rajratan Global Wire Limited manufactures and sells tire bead wires in India and Thailand. The company also offers high carbon steel wires that are used in mechanical springs, high performance springs, beddings and seating, wire ropes and cables, conveyor belts, automotive cables, steel fibers, and cut wire shots for shot blasting and pinning applications. Its tire bead wires are used in various kinds of automobile tires, tires of earth moving equipment, and aircraft. Rajratan Global Wire Limited was incorporated in 1988 and is headquartered in Indore, India.
Industry
Steel
IPO Date
2020-05-22
Stock Exchange
NSE
Ticker
RAJRATAN.NS
According to Rajratan Global Wire Limited’s latest financial reports and current stock price. The company's current PE Ratio is 40.40. This represents a change of 8.68% compared to the average of 37.17 of the last 4 quarters.
The mean historical PE Ratio of Rajratan Global Wire Limited over the last ten years is 18.69. The current 40.40 PE Ratio has changed 21.52% with respect to the historical average. Over the past ten years (40 quarters), RAJRATAN.NS's PE Ratio was at its highest in in the June 2023 quarter at 85.44. The PE Ratio was at its lowest in in the June 2019 quarter at 4.81.
Average
18.69
Median
13.24
Minimum
5.73
Maximum
43.39
Discovering the peaks and valleys of Rajratan Global Wire Limited PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 161.49%
Maximum Annual PE Ratio = 43.39
Minimum Annual Increase = -88.99%
Minimum Annual PE Ratio = 5.73
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 25.42 | -41.42% |
| 2024 | 43.39 | 15.11% |
| 2023 | 37.69 | 78.88% |
| 2022 | 21.07 | 40.66% |
| 2021 | 14.98 | 161.49% |
| 2020 | 5.73 | -19.18% |
| 2019 | 7.09 | -35.87% |
| 2018 | 11.05 | 23.25% |
| 2017 | 8.97 | -21.99% |
| 2016 | 11.50 | -88.99% |
The current PE Ratio of Rajratan Global Wire Limited (RAJRATAN.NS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
35.50
5-year avg
28.51
10-year avg
18.69
Rajratan Global Wire Limited’s PE Ratio is greater than Hi-Tech Pipes Limited (23.61), greater than Hi-Tech Pipes Limited (23.61), greater than Steelcast Limited (23.39), greater than Mukand Limited (29.77), greater than Mukand Limited (29.77), greater than JTL Industries Limited (29.33), greater than JTL Industries Limited (29.33), greater than Venus Pipes and Tubes Limited (26.43), greater than Venus Pipes and Tubes Limited (26.43), greater than Man Industries (India) Limited (18.35),
| Company | PE Ratio | Market cap |
|---|---|---|
| 23.61 | $18.61B | |
| 23.61 | $18.71B | |
| 23.39 | $20.80B | |
| 29.77 | $19.12B | |
| 29.77 | $19.15B | |
| 29.33 | $24.04B | |
| 29.33 | $24.08B | |
| 26.43 | $24.38B | |
| 26.43 | $24.39B | |
| 18.35 | $27.36B |
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