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Race Eco Chain PE ratio, market cap and valuation

NSE: RACEBSE: 537785Other UtilitiesSmall Cap

Last close ₹105.69down ₹2.67 (2.46%)BSE ₹105.50

Share price at the NSE close on 23 Oct 2026. Previous close ₹108.36.

52-week range of traded prices to 23 Oct 2026
₹84.11Low, 30 Mar 2026₹234.99High, 23 Oct 2025
Market cap
₹182 Cr2,404th largest listed
P/E
23.9
P/E without one-offs
44.0
P/B
2.5
Dividend yield
Nonein the last 12 months
ROE
10.5%
ROE without one-offs
5.7%
ROCE
7.1%
Debt to equity
1.04
Volume, NSE
35,09940.9% delivered

Race Eco Chain PE ratio and valuation against its own history

Each ratio on 23 Oct 2026 beside its median over each window. The ratios are on standalone accounts to Mar 2024 and consolidated from Mar 2025. The PE ratio is the market cap over the profit of the last twelve months.

  • P/E without one-off items44.00today

    1 year

    Median 52.53

    Today is at or above 22% of the 234 days

  • Price to book2.46today

    1 year

    Median 2.55

    Today is at or above 34% of the 247 days

    3 years

    Median 6.01

    Today is at or above 12% of the 696 days

    5 years

    Median 13.65

    Today is at or above 9% of the 965 days

  • Price to sales0.28today

    1 year

    Median 0.31

    Today is at or above 21% of the 247 days

    3 years

    Median 0.76

    Today is at or above 8% of the 640 days

  • EV to EBITDA17.26today

    1 year

    Median 18.98

    Today is at or above 15% of the 247 days

    3 years, since Feb 2024

    Median 47.69

    Today is at or above 6% of the 612 days

  • Dividend yield0.00%today

    1 year

    Median 0.00%

    Today is at or above 100% of the 247 days

    3 years

    Median 0.00%

    Today is at or above 100% of the 744 days

    5 years

    Median 0.00%

    Today is at or above 100% of the 1,238 days

    10 years, since Nov 2016

    Median 0.00%

    Today is at or above 100% of the 1,810 days

  • Earnings yield4.18%today

    1 year

    Median 3.43%

    Today is at or above 86% of the 234 days

Each track ranks every trading day in the window from the day the ratio was lowest to the day it was highest; the dot is today. The share under it is how many of those days the ratio was at or below today's level, so a high share means today is higher than on most days in the window. A window is shown only when the ratio is held on most of its trading days; a day after a loss-making year has no P/E. Dividend yield is in per cent. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.

How each ratio is worked out, with today's figures

The twelve months: Filed 12 AugThe balance sheet: Filed 30 May

  • Price to earnings =Market cap÷Net profit, last twelve months₹7.62 Cr
  • Price to book =Market cap÷Net worth₹74 Cr
  • Price to sales =Market cap÷Revenue, last twelve months₹653 Cr
  • Enterprise value =Market cap+Borrowings₹90 Cr−Cash₹16 Cr
  • EV to EBITDA =Enterprise value÷Operating profit, last twelve months₹15 Cr
  • Market cap =Close×Shares in issue1,72,57,200at 30 Sep 2026

Consolidated accounts, the twelve months to Jun 2026, balance sheet at Mar 2026, ₹ crore.Race Eco Chain financials ›

Race Eco Chain valuation at each year end

On the last trading day of each March, the month the company's year ends.

RatioMar 2017Mar 2018Mar 2019Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Market cap (₹ crore)135789427279310534437148
Price to earningsNo full yearLoss102.0Loss131.8No recent results214.6Earlier quarters restated in the year23.5
Price to bookNo balance sheetNo balance sheet5.225.815.0No recent results24.56.01.8
Price to salesNo full year2.81.025.52.4No recent results1.21.00.2
EV to EBITDANo full yearNo balance sheetOperating profit not statedOperating profit not statedOperating lossNo recent results98.659.115.7
Dividend yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Earnings yieldNo full year−1.1%1.0%0.0%0.8%No recent results0.5%Earlier quarters restated in the year4.3%
A ratio that does not exist on the day says why in its cell. The ratios are on standalone accounts to Mar 2024 and consolidated from Mar 2025.

Race Eco Chain market cap, ten years

The last trading day of each month.

Market cap, ₹ crore

  • Market cap

Earnings per share, book value and enterprise value

From the close on 23 Oct 2026, with the last twelve months' results.

Enterprise value
₹257 Cr
Earnings per share
₹4.42
Book value per share
₹42.95
Dividends, last 12 months
None
Public's market cap
₹101 Cr

Against Waste Management

16 listed companies in Waste Management, each priced on its last trading day; Race Eco Chain is 12th among them by market cap. Each median leaves out Race Eco Chain itself and takes the other companies that have the figure.

Industry median P/E
14.9Across 14 other companies
Industry median P/B
1.9Across 14 other companies
Industry median EV/EBITDA
15.1Across 5 other companies
Industry median dividend yield
0.38%Across 6 other companies

Stakes in other listed companies

At market prices on 22 Oct 2026. Published: the stakes are worth 37% of the company's own market cap.

Its own market cap
₹187 Cr
Its stakes, at market
₹69 Cr
Priced below its stakes by
−169.4%