ADANI POWER
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The Current P/E Ratio of ADANI POWER is 9.78.
Share Price | ₹591.7 | Apr 26,2024 |
Market Cap | ₹228,212.8 Cr | |
Earnings-TTM | ₹23,334.0 Cr | TTM-Consolidated Results |
Price/Earnings | 9.78x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ADANI POWER
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹228,212.8 Cr] as on Apr 26,2024
(/) Earnings [ ₹23,334.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 9.78x ]
Thus, for ADANI POWER , the investors are currently willing to pay 9.78 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 POWER !
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 POWER over the last five years.
Historical PE (Price/Earnings) ratio chart of ADANI POWER
PE Ratio Performance Analysis for ADANI POWER
- ADANI POWER 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.45x.
- ADANI POWER 's operated at median p/e ratio of 6.89x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADANI POWER 's p/e ratio peaked in Mar2021 at 25.83x.
- ADANI POWER 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does ADANI POWER '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 POWER | 23,334.00 | 9.78 | 228,212.8 |
NTPC LTD | 16,487.10 | 20.92 | 344,959.0 |
ADANI GREEN ENERGY LTD | 1,198.00 | 238.74 | 286,013.0 |
POWER GRID CORPORATION OF INDIA LTD | 16,282.80 | 16.68 | 271,671.0 |
TATA POWER COMPANY LTD | 3,132.99 | 44.54 | 139,556.0 |
ADANI ENERGY SOLUTIONS LTD | 1,251.98 | 94.59 | 118,421.0 |
NHPC LTD | 3,737.52 | 24.87 | 92,956.8 |
JSW ENERGY LTD | 1,657.78 | 63.32 | 104,971.0 |
TORRENT POWER LTD | 1,932.89 | 37.04 | 71,585.5 |
SJVN LTD | 990.52 | 53.40 | 52,895.0 |
NLC INDIA LTD | 2,590.10 | 13.43 | 34,776.9 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs ADANI POWER 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.78x |
Max industry PE | 238.74x |
Median industry PE | 37.04x |
Average industry PE | 56.12x |
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