Race Eco Chain Limited (NSE:RACE) — Market Cap & Net Worth
Market Cap & Net Worth: Race Eco Chain Limited (RACE)
Race Eco Chain Limited (NSE:RACE) has a market capitalization of $23.11 Million (Rs2.14 Billion) as of May 2, 2026. Listed on the NSE stock exchange, this India-based company holds position #24577 globally and #1364 in its home market, demonstrating a -3.23% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Race Eco Chain Limited's stock price Rs123.84 by its total outstanding shares 17257200 (17.26 Million). Analyse cash flow conversion of Race Eco Chain Limited to see how efficiently the company converts income to cash.
Race Eco Chain Limited Market Cap History: 2023 to 2026
Race Eco Chain Limited's market capitalization history from 2023 to 2026. Data shows change from $69.93 Million to $23.11 Million (-21.01% CAGR).
Race Eco Chain Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Race Eco Chain Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.00x
Race Eco Chain Limited's market cap is 0.00 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.68x
Race Eco Chain Limited's market cap is 0.68 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2023 | $69.93 Million | $2.69 Billion | $13.05 Million | 0.03x | 5.36x |
| 2024 | $71.07 Million | $3.47 Billion | $15.49 Million | 0.02x | 4.59x |
| 2025 | $26.36 Million | $5.55 Billion | $38.93 Million | 0.00x | 0.68x |
Competitor Companies of RACE by Market Capitalization
Companies near Race Eco Chain Limited in the global market cap rankings as of May 2, 2026.
Key companies related to Race Eco Chain Limited by market ranking:
- Waste Management Inc (NYSE:WM): Ranked #290 globally with a market cap of $89.00 Billion USD.
- Republic Services Inc (NYSE:RSG): Ranked #414 globally with a market cap of $63.82 Billion USD.
- Waste Connections Inc (TO:WCN): Ranked #656 globally with a market cap of $40.50 Billion USD ( CA$55.98 Billion CAD).
- Veolia Environnement VE SA (PA:VIE): Ranked #1173 globally with a market cap of $21.66 Billion USD ( €18.53 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #290 | Waste Management Inc | NYSE:WM | $89.00 Billion | $228.77 |
| #414 | Republic Services Inc | NYSE:RSG | $63.82 Billion | $206.56 |
| #656 | Waste Connections Inc | TO:WCN | $40.50 Billion | CA$219.00 |
| #1173 | Veolia Environnement VE SA | PA:VIE | $21.66 Billion | €35.94 |
Race Eco Chain Limited Historical Marketcap From 2023 to 2026
Between 2023 and today, Race Eco Chain Limited's market cap moved from $69.93 Million to $ 23.11 Million, with a yearly change of -21.01%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs23.11 Million | -12.33% |
| 2025 | Rs26.36 Million | -62.91% |
| 2024 | Rs71.07 Million | +1.63% |
| 2023 | Rs69.93 Million | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Race Eco Chain Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $23.11 Million USD |
| MoneyControl | $23.11 Million USD |
| MarketWatch | $23.11 Million USD |
| marketcap.company | $23.11 Million USD |
| Reuters | $23.11 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Race Eco Chain Limited
Race Eco Chain Limited, together with its subsidiaries, engages in waste management activities in India. It operates through Misc. Old Economy Products, Recycle Division, Restore Division, Biomass Division, and IT Division segments. The company is involved in the collection and supply of recyclable waste, such as PET plastic bottle waste, non-PET plastic recycling, wastepaper, metal waste, and ot… Read more