--- title: "Rajesh Exports Limited's (NSE:RAJESHEXPO) 31% Share Price Plunge Could Signal Some Risk" type: "News" locale: "en" url: "https://longbridge.com/en/news/273313505.md" description: "Rajesh Exports Limited (NSE:RAJESHEXPO) has experienced a significant 31% drop in share price over the past month, reversing previous gains and marking a 21% decline over the year. Despite a high P/E ratio of 35.7x, concerns arise as the company's earnings per share have fallen 88% over three years, contrasting with the market's expected growth of 26%. Investors may be overly optimistic about a turnaround, as the high P/E does not reflect the recent poor growth. Caution is advised for current shareholders." datetime: "2026-01-22T03:09:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273313505.md) - [en](https://longbridge.com/en/news/273313505.md) - [zh-HK](https://longbridge.com/zh-HK/news/273313505.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/273313505.md) | [繁體中文](https://longbridge.com/zh-HK/news/273313505.md) # Rajesh Exports Limited's (NSE:RAJESHEXPO) 31% Share Price Plunge Could Signal Some Risk **Rajesh Exports Limited** (NSE:RAJESHEXPO) shareholders won't be pleased to see that the share price has had a very rough month, dropping 31% and undoing the prior period's positive performance. The drop over the last 30 days has capped off a tough year for shareholders, with the share price down 21% in that time. In spite of the heavy fall in price, given close to half the companies in India have price-to-earnings ratios (or "P/E's") below 23x, you may still consider Rajesh Exports as a stock to avoid entirely with its 35.7x P/E ratio. However, the P/E might be quite high for a reason and it requires further investigation to determine if it's justified. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Rajesh Exports certainly has been doing a great job lately as it's been growing earnings at a really rapid pace. The P/E is probably high because investors think this strong earnings growth will be enough to outperform the broader market in the near future. You'd really hope so, otherwise you're paying a pretty hefty price for no particular reason. View our latest analysis for Rajesh Exports NSEI:RAJESHEXPO Price to Earnings Ratio vs Industry January 22nd 2026 Want the full picture on earnings, revenue and cash flow for the company? Then our **free** report on Rajesh Exports will help you shine a light on its historical performance. ## Does Growth Match The High P/E? There's an inherent assumption that a company should far outperform the market for P/E ratios like Rajesh Exports' to be considered reasonable. Taking a look back first, we see that the company grew earnings per share by an impressive 245% last year. Still, incredibly EPS has fallen 88% in total from three years ago, which is quite disappointing. So unfortunately, we have to acknowledge that the company has not done a great job of growing earnings over that time. In contrast to the company, the rest of the market is expected to grow by 26% over the next year, which really puts the company's recent medium-term earnings decline into perspective. In light of this, it's alarming that Rajesh Exports' P/E sits above the majority of other companies. It seems most investors are ignoring the recent poor growth rate and are hoping for a turnaround in the company's business prospects. There's a very good chance existing shareholders are setting themselves up for future disappointment if the P/E falls to levels more in line with the recent negative growth rates. ## The Final Word A significant share price dive has done very little to deflate Rajesh Exports' very lofty P/E. Using the price-to-earnings ratio alone to determine if you should sell your stock isn't sensible, however it can be a practical guide to the company's future prospects. Our examination of Rajesh Exports revealed its shrinking earnings over the medium-term aren't impacting its high P/E anywhere near as much as we would have predicted, given the market is set to grow. Right now we are increasingly uncomfortable with the high P/E as this earnings performance is highly unlikely to support such positive sentiment for long. Unless the recent medium-term conditions improve markedly, it's very challenging to accept these prices as being reasonable. Before you take the next step, you should know about the **1 warning sign for Rajesh Exports** that we have uncovered. You might be able to find a better investment than Rajesh Exports. If you want a selection of possible candidates, check out this **free** list of interesting companies that trade on a low P/E (but have proven they can grow earnings). ## Related News & Research - [Venezuela's oil exports surpassed 1 million bpd for the first in 6 months -shipping data](https://longbridge.com/en/news/281427536.md) - [Poor debut: Amir Chand Jagdish Kumar lists at 8% discount on BSE, 6% on NSE](https://longbridge.com/en/news/281465254.md) - [Trump tariffs hit American whiskey exports hard, data shows](https://longbridge.com/en/news/281571953.md) - [UK reaches agreement with US for British drugs to be tariff free](https://longbridge.com/en/news/281563745.md) - [Việt Nam, Greece strengthen business links in timber sector](https://longbridge.com/en/news/281645899.md)