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Race Eco Chain Ltd PE Ratio

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Race Eco Chain Ltd

NSE: RACEECO

PE

183.6

Last updated on: Apr 29, 2025

Key Highlights

  • The P/E Ratio of Race Eco Chain Ltd is 183.6 as of 29 Apr 14:24 PM .
  • The P/E Ratio of Race Eco Chain Ltd changed from 239.2 on March 2023 to 344.5 on March 2024 . This represents a CAGR of 20.01% over 2 years.
  • The Latest Trading Price of Race Eco Chain Ltd is ₹ 259.05 as of 29 Apr 14:14 .
  • The PE Ratio of Trading Industry has changed from 27.3 to 64.2 in 5 years. This represents a CAGR of 18.65%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 26.1. The PE Ratio of Retail industry is 159.2. The PE Ratio of Textiles industry is 37.1. The PE Ratio of Trading industry is 64.2 in 2024.

Historical P/E Ratio of Race Eco Chain Ltd

No data available

Company Fundamentals for Race Eco Chain Ltd

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Race Eco Chain Ltd

NSE: RACEECO

Share Price

₹ 259.05

-10.90 (-4.04%)

stock direction

Last updated on: Apr 29, 2025

Market Price of Race Eco Chain Ltd

1M

1Y

3Y

5Y

Monitoring Race Eco Chain Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
28 Apr 2025269.95
25 Apr 2025274
24 Apr 2025274.35
23 Apr 2025278.4
22 Apr 2025288.05
21 Apr 2025265.1
17 Apr 2025264.5
16 Apr 2025272.55
15 Apr 2025275.5
11 Apr 2025242.7

SWOT Analysis Of Race Eco Chain Ltd

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Race Eco Chain Ltd

Asset Value vs Market Value of Race Eco Chain Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Race Eco Chain Ltd465.86
Adani Enterprises Ltd273466
Vishal Mega Mart Ltd49422
Aegis Logistics Ltd27387
Redington Ltd19513
Cello World Ltd12352

PE Ratio of Race Eco Chain Ltd Explained

465.86

Market cap

2

Earnings

183.6X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Trading Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Race Eco Chain Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Race Eco Chain Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Race Eco Chain Ltd

No data available

* All values are in %

About Race Eco Chain Ltd

  • Race Eco Chain Limited (Formerly known as Anisha Impex Limited) was incorporated on November 22, 1999.
  • RACE ECO as the abbreviation suggests Recycling and Circular Economy is an environmentally conscious initiative with a mission to reduce the Carbon footprint caused by waste plastics.
  • The Company is involved in aggregation of packaging plastic waste and channelizing it for recycling into consumer friendly products. The Company is establishing its network by converting existing unorganized Eco chain to organized one.
  • The complete vertical setup is responsible from the collection and audit of the waste to the end product to enable traceability.
  • As an innovative initiative, the Company has built an Artificial Intelligence enabled App to convert the recyclers with the sellers, for better transparency and ease of doing business in the industry.

Race Eco Chain Ltd News Hub

Race Eco Chain to convene board meeting

Race Eco Chain will hold a meeting of the Board of Directors of the Company on 11 February 2025. Pow

Read more

05 Feb 25

Race Eco Chain consolidated net profit declines 87.91% in the June 2024 quarter

Net profit of Race Eco Chain declined 87.91% to Rs 0.11 crore in the quarter ended June 2024 as agai

Read more

14 Aug 24

Race Eco Chain to table results

Race Eco Chain will hold a meeting of the Board of Directors of the Company on 12 November 2024 Powe

Read more

05 Nov 24

Race Eco Chain consolidated net profit rises 1736.36% in the September 2024 quarter

Net profit of Race Eco Chain rose 1736.36% to Rs 4.04 crore in the quarter ended September 2024 as a

Read more

12 Nov 24

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Race Eco Chain Ltd

What is the current PE Ratio of Race Eco Chain Ltd?

The Current PE Ratio of Race Eco Chain Ltd is 183.64 as on 29 Apr 2025.

What is the average PE Ratio of the Trading industry?

The average industry PE Ratio of Trading is 64.2 as on 29 Apr 2025.

What was the PE Ratio of Race Eco Chain Ltd last year?

The PE Ratio of Race Eco Chain Ltd was 239.18 last year, now the PE ratio is 183.64, showing a year-on-year growth of -23.2%.

What does the PE Ratio of Race Eco Chain Ltd indicate about its stock?

The PE Ratio of Race Eco Chain Ltd is 183.64. This ratio indicates that investors are willing to pay 183.64 times the earnings per share for each share of Race Eco Chain Ltd.

What is the PE Ratio Growth of Race Eco Chain Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Race Eco Chain Ltd grew by -23.2% whereas, the EPS ratio grew by -56.0.

How does the PE ratio of Race Eco Chain Ltd compare to industry peers?

The PE ratio of Race Eco Chain Ltd PE Ratio can indicate whether it is overvalued or undervalued compared to competitors in the same industry. A lower PE ratio may suggest an undervalued stock, while a higher PE ratio could indicate premium pricing.

Is a high PE ratio for Race Eco Chain Ltd PE Ratio good or bad?

A high PE ratio may indicate strong future growth expectations, but it can also suggest overvaluation. It is best to compare it with industry averages and historical trends of Race Eco Chain Ltd PE Ratio.

What factors influence the PE ratio of Race Eco Chain Ltd PE Ratio?

The PE ratio of Race Eco Chain Ltd PE Ratio is influenced by factors such as earnings growth, investor sentiment, macroeconomic conditions, and sector trends.

How often does the PE ratio of Race Eco Chain Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Race Eco Chain Ltd PE Ratio fluctuate, and it is updated whenever there is a significant movement in either of these factors.

Where can I find the latest PE ratio of Race Eco Chain Ltd PE Ratio?

You can check the latest PE ratio of Race Eco Chain Ltd PE Ratio on BlinkX Website above or any other stock market platforms, or at the company’s official website.

What is a good PE ratio for Race Eco Chain Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare Race Eco Chain Ltd PE ratio with its historical average and competitors.

Can the PE ratio of Race Eco Chain Ltd PE Ratio predict future stock performance?

While the Race Eco Chain Ltd PE ratio is a useful indicator of valuation, it should be used alongside other financial metrics and market analysis to make informed investment decisions.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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