RITES Ltd
NSE:RITES

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RITES Ltd
NSE:RITES
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Price: 274.35 INR 1.76%
Market Cap: 131.9B INR
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P/E
Price to Earnings

30.9
Current
7.8
Median
19.8
Industry
Higher than median
Higher than industry value

Price to Earnings (P/E) ratio is a valuation multiple that compares a company’s market capitalization to its net income. It indicates the dollar amount an investor can expect to invest in a company in order to receive $1 of that company’s earnings.

P/E
30.9
=
Market Cap
131.8B INR
/
Net Income
4.3B INR
All Countries
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P/E Forward Multiples

Forward P/E multiple is a version of the P/E ratio that uses forecasted net income for the P/E calculation. 1-Year, 2-Years, and 3-Years forwards use net income forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/E
30.3
2-Years Forward
P/E
23.8
3-Years Forward
P/E
17.5

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