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Race Eco Chain Ltd PE Ratio

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Race Eco Chain Ltd

NSE: RACEECO

PE

123.1

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of Race Eco Chain Ltd is 123.1 as of 15 Jan 15:30 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 ₹ 345.65 as of 15 Jan 16:01 .
  • The PE Ratio of Trading Industry has changed from 26.3 to 63.0 in 5 years. This represents a CAGR of 19.09%.
  • 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 30.4. The PE Ratio of Retail industry is 157.6. The PE Ratio of Textiles industry is 36.9. The PE Ratio of Trading industry is 63.0 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

₹ 345.65

7.25 (2.14%)

stock direction

Last updated on: Jan 15, 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
14 Jan 2025338.4
13 Jan 2025339.15
10 Jan 2025337.5
09 Jan 2025345.1
08 Jan 2025347.95
07 Jan 2025348.9
06 Jan 2025346.95
03 Jan 2025368.55
02 Jan 2025369.15
01 Jan 2025374.7

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 Ltd583.98
Adani Enterprises Ltd274943
Vishal Mega Mart Ltd48018
Aegis Logistics Ltd28636
Redington Ltd15811

PE Ratio of Race Eco Chain Ltd Explained

``

583.98

Market cap

4

Earnings

123.1X

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 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

2024-08-14 00:00:00

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

2024-11-05 00:00:00

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

2024-11-12 00:00:00

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 123.05 as on 15 Jan 2025.

What is the average PE Ratio of the Trading industry?

The average industry PE Ratio of Trading is 63.0 as on 15 Jan 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 123.05, showing a year-on-year growth of -48.6%.

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

The PE Ratio of Race Eco Chain Ltd is 123.05. This ratio indicates that investors are willing to pay 123.05 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 -48.6% whereas, the EPS ratio grew by 3800.0.
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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