CESC
|
The Current P/E Ratio of CESC is 12.69.
Share Price | ₹141.4 | Apr 25,2024 |
Market Cap | ₹18,744.0 Cr | |
Earnings-TTM | ₹1,477.0 Cr | TTM-Consolidated Results |
Price/Earnings | 12.69x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of CESC
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹18,744.0 Cr] as on Apr 25,2024
(/) Earnings [ ₹1,477.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.69x ]
Thus, for CESC , the investors are currently willing to pay 12.69 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 CESC !
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 CESC over the last five years.
Historical PE (Price/Earnings) ratio chart of CESC
PE Ratio Performance Analysis for CESC
- CESC 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.16x.
- CESC 's operated at median p/e ratio of 0.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CESC 's p/e ratio peaked in Mar2022 at 7.41x.
- CESC 's p/e ratio hit its five-year low in Mar2020 of 0.43x.
How does CESC '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 |
---|---|---|---|
CESC | 1,477.00 | 12.69 | 18,744.0 |
NTPC LTD | 16,487.10 | 21.07 | 347,432.0 |
ADANI GREEN ENERGY LTD | 1,198.00 | 239.73 | 287,201.0 |
POWER GRID CORPORATION OF INDIA LTD | 16,282.80 | 16.74 | 272,601.0 |
ADANI POWER LTD | 23,334.00 | 9.79 | 228,485.0 |
TATA POWER COMPANY LTD | 3,132.99 | 44.01 | 137,879.0 |
ADANI ENERGY SOLUTIONS LTD | 1,251.98 | 93.57 | 117,149.0 |
NHPC LTD | 3,737.52 | 24.46 | 91,429.9 |
JSW ENERGY LTD | 1,657.78 | 63.77 | 105,714.0 |
TORRENT POWER LTD | 1,932.89 | 37.47 | 72,426.5 |
SJVN LTD | 990.52 | 52.75 | 52,246.6 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs CESC 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.79x |
Max industry PE | 239.73x |
Median industry PE | 37.47x |
Average industry PE | 56.01x |
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