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Rasi Electrodes Ltd PE Ratio

Rasi Electrodes Ltd PE Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 22, 2024)

stocks purchased

39.8 K

Stocks Traded

(Nov 22, 2024)

Last Updated on: Nov 22, 2024

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Rasi Electrodes Ltd

NSE: RASIELECTRODES

PE

27.2

Last updated on: Nov 22, 2024

Key Highlights

  • The P/E Ratio of Rasi Electrodes Ltd is 27.2 as of 22 Nov 9.00 AM .
  • The P/E Ratio of Rasi Electrodes Ltd changed from 12.7 on March 2019 to 21.2 on March 2024 . This represents a CAGR of 8.92% over 6 years.
  • The Latest Trading Price of Rasi Electrodes Ltd is ₹ 31.5 as of 22 Nov 15:30 .
  • The PE Ratio of Capital Goods-Non Electrical Equipment Industry has changed from 10.5 to 33.9 in 5 years. This represents a CAGR of 26.42%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Capital Goods-Non Electrical Equipment industry is 46.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.3. The PE Ratio of Retail industry is 157.7. The PE Ratio of Textiles industry is 37.6 in 2024.

Historical P/E Ratio of Rasi Electrodes Ltd

No data available

Company Fundamentals for Rasi Electrodes Ltd

No data available

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Rasi Electrodes Ltd

NSE: RASIELECTRODES

Share Price

₹ 31.5

-0.83 (-2.57%)

stock direction

Last updated on: Nov 22, 2024

Market Price of Rasi Electrodes Ltd

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Monitoring Rasi Electrodes 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
22 Nov 202431.5
21 Nov 202432.33
19 Nov 202434
18 Nov 202433.57
14 Nov 202433.3
13 Nov 202433.19
12 Nov 202434.13
11 Nov 202434.3
08 Nov 202435.07
07 Nov 202436.08

SWOT Analysis Of Rasi Electrodes Ltd

Strength

1

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Weakness

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Opportunity

0

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Threats

0

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BlinkX Score for Rasi Electrodes Ltd

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Asset Value vs Market Value of Rasi Electrodes Ltd

Market Value

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Asset Value

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* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Rasi Electrodes Ltd2798
Cummins India Ltd4792,094
Thermax Ltd8253,484
Jyoti CNC Automation Ltd10228,019
Carborundum Universal Ltd6726,834
Grindwell Norton Ltd6122,868

Key Valuation Metric of Rasi Electrodes Ltd

No data available

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PE Ratio of Capital Goods-Non Electrical Equipment Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Rasi Electrodes Ltd

No data available

* All values are in crore

Historical Revenue of Rasi Electrodes Ltd

No data available

* All values are in crore

Historical EBITDA of Rasi Electrodes Ltd

No data available

* All values are in crore

Historical Net Profit of Rasi Electrodes Ltd

No data available

* All values are in crore

Historical Dividend Payout of Rasi Electrodes Ltd

No data available

* All values are in %

About Rasi Electrodes Ltd

  • Rasi Electrodes Ltd was incorporated as a Private Limited Company in 1994 and in the same year, it was converted into a Public Limited Company.
  • Promoters of the Company are B Popatlal Kothari and B Ranjit Kumar Kothari and their Associates.
  • The Company has a factory in Chennai towards manufacture of Mild Steel Electrodes and Copper Coated Welding wire. The company has commenced commercial production of welding electrodes in the month of Jan'95.The phase I of the project for a production capacity of 900 tpa has been completed and phase II for expansion of capacity to 3300 tpa is under implementation. The company's plant is located at Upparapalayam Village which is near to Madras. The company came out with the public issue of 20.60 lakhs equity shares of Rs 10 each for cash at par aggregating to 206 lakhs for the purpose of expanding the existing manufacturing capacity of welding electrodes from 900 tpa to 3300 tpa.

Rasi Electrodes Ltd News Hub

News

Rasi Electrodes to conduct AGM

Rasi Electrodes announced that the 30th Annual General Meeting (AGM) of the company will b...

Read more

2024-08-21 00:00:00

News

Rasi Electrodes standalone net profit rises 94.64% in the June 2024 quarter

Net profit of Rasi Electrodes rose 94.64% to Rs 1.09 crore in the quarter ended June 2024 ...

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2024-08-13 00:00:00

News

Rasi Electrodes schedules board meeting

Rasi Electrodes will hold a meeting of the Board of Directors of the Company on 13 August ...

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2024-08-07 00:00:00

News

Rasi Electrodes to announce Quarterly Result

Rasi Electrodes will hold a meeting of the Board of Directors of the Company on 14 Novembe...

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2024-11-04 00:00:00

News

Rasi Electrodes standalone net profit declines 13.98% in the September 2024 quarter

Net profit of Rasi Electrodes declined 13.98% to Rs 0.80 crore in the quarter ended Septem...

Read more

2024-11-14 00:00:00

Product Composition

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Annual Reports

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Credit Ratings

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Concalls

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FAQs for PE of Rasi Electrodes Ltd

What is the current PE Ratio of Rasi Electrodes Ltd?

The Current PE Ratio of Rasi Electrodes Ltd is 27.16 as on 22 Nov 2024.

What is the average PE Ratio of the Capital Goods-Non Electrical Equipment industry?

The average industry PE Ratio of Capital Goods-Non Electrical Equipment is 46.3 as on 22 Nov 2024.

What was the PE Ratio of Rasi Electrodes Ltd last year?

The PE Ratio of Rasi Electrodes Ltd was 12.27 last year, now the PE ratio is 27.16, showing a year-on-year growth of 121.4%.

What does the PE Ratio of Rasi Electrodes Ltd indicate about its stock?

The PE Ratio of Rasi Electrodes Ltd is 27.16. This ratio indicates that investors are willing to pay 27.16 times the earnings per share for each share of Rasi Electrodes Ltd.

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

The PE Ratio of Rasi Electrodes Ltd grew by 121.4% whereas, the EPS ratio grew by -28.6.
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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