ADANI ENERGY SOLUTIONS
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The Current P/E Ratio of ADANI ENERGY SOLUTIONS is 371.58.
Share Price | ₹976.6 | Nov 01,2024 |
Market Cap | ₹117,313.0 Cr | |
Earnings-TTM | ₹315.7 Cr | TTM-Consolidated Results |
Price/Earnings | 371.58x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ADANI ENERGY SOLUTIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹117,313.0 Cr] as on Nov 01,2024
(/) Earnings [ ₹315.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 371.58x ]
Thus, for ADANI ENERGY SOLUTIONS , the investors are currently willing to pay 371.58 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of ADANI ENERGY SOLUTIONS !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of ADANI ENERGY SOLUTIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of ADANI ENERGY SOLUTIONS
PE Ratio Performance Analysis for ADANI ENERGY SOLUTIONS
- ADANI ENERGY SOLUTIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 103.08x.
- ADANI ENERGY SOLUTIONS 's operated at median p/e ratio of 88.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADANI ENERGY SOLUTIONS 's p/e ratio peaked in Mar2022 at 216.59x.
- ADANI ENERGY SOLUTIONS 's p/e ratio hit its five-year low in Mar2020 of 27.98x.
How does ADANI ENERGY SOLUTIONS 's P/E Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?
Peer Comparison (Power Generation/Distribution Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ADANI ENERGY SOLUTIONS | 315.71 | 371.58 | 117,313.0 |
NTPC LTD | 17,934.30 | 22.25 | 399,018.0 |
ADANI GREEN ENERGY LTD | 1,269.00 | 203.70 | 258,498.0 |
POWER GRID CORPORATION OF INDIA LTD | 15,973.40 | 18.74 | 299,386.0 |
ADANI POWER LTD | 12,685.50 | 18.15 | 230,240.0 |
TATA POWER COMPANY LTD | 3,303.55 | 43.06 | 142,257.0 |
NHPC LTD | 3,592.96 | 23.52 | 84,508.9 |
JSW ENERGY LTD | 1,967.75 | 60.64 | 119,329.0 |
TORRENT POWER LTD | 2,360.06 | 37.17 | 87,729.4 |
SJVN LTD | 1,004.02 | 45.01 | 45,192.6 |
NLC INDIA LTD | 1,916.88 | 18.70 | 35,851.5 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs ADANI ENERGY SOLUTIONS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 18.15x |
Max industry PE | 371.58x |
Median industry PE | 37.17x |
Average industry PE | 78.41x |
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