Rain Industries
RAIN.NS
#6379
Rank
S$0.85 B
Marketcap
$2.53
Share price
3.58%
Change (1 day)
8.92%
Change (1 year)

P/E ratio for Rain Industries (RAIN.NS)

P/E ratio as of December 2024 (TTM): 6.77

According to Rain Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.77052. At the end of 2022 the company had a P/E ratio of 3.99.

P/E ratio history for Rain Industries from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.99-71.29%
202113.981.99%
20207.64-9.82%
20198.479.38%
20187.74-52.71%
201716.4158.03%
20166.3561.79%
20153.92-76.66%
201416.8482.74%
20132.88-3.5%
20122.9991.36%
20111.56

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.