RMDRIPPlastic Products - Industrial

R M DRIP & SPRINK SYS LTD โ€” PE Ratio & Valuation Analysis

โ‚น39.20
+0.16%
Current P/E62.94xPrice to earnings
Industry P/E23.37xSector average
4Y Avg P/E1524.5x95.9% below avg
โš ๏ธ
169.3% Premium to Industry
RMDRIP P/E 62.94x vs sector avg 23.37x
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Historical PE Ratio

20233.0Kx202190.9x
YearEPS (โ‚น)Year-end PricePE Ratio
2023โ‚น0.04โ‚น1182958x
2021โ‚น0.16โ‚น1590.9x

PE = Year-end closing price รท Diluted EPS. Source: NSE/BSE filings.

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Understanding R M DRIP & SPRINK SYS LTD Valuation

R M DRIP & SPRINK SYS LTD (RMDRIP) currently trades at 62.94x earnings. The Plastic Products - Industrial sector average PE is 23.37x. RMDRIP commands a premium, reflecting high growth expectations. Historically, RMDRIP has traded at an average PE of 1524.5x โ€” it is currently below that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only โ€” not investment advice.

ROE
39.70%
Dividend Yield
0.06%

Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.