Rane Brake Lining Limited manufactures and markets auto components to original equipment manufacturers and aftermarket customers in India and internationally. It offers friction material products, such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes, and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two wheelers, and railways. The company was formerly known as Rane Brake Products Limited and changed its name to Rane Brake Lining Limited in February 2008. The company was founded in 1929 and is headquartered in Chennai, India.
P/E ratio for Rane Brake Lining Limited (RBL.NS)
P/E ratio as of 2023: 14.19
According to Rane Brake Lining Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.19. At the end of 2022 the company had a P/E ratio of 14.57.
P/E ratio history for Rane Brake Lining Limited from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 14.19 |
| 2022 | 14.57 |
| 2021 | 17.41 |
| 2020 | 19.88 |
| 2019 | 8.01 |
| 2018 | 13.04 |
| 2017 | 22.11 |
| 2016 | 23.44 |
| 2015 | 11.72 |
| 2014 | 14.84 |
| 2013 | 6.21 |
| 2012 | 8.09 |
| 2011 | 5.50 |
| 2010 | 6.34 |
| 2009 | 7.96 |
| 2008 | 11.33 |
| 2007 | 15.25 |
| 2006 | 8.22 |