CESC
|
The Current P/E Ratio of CESC is 13.22.
Share Price | ₹147.3 | Apr 30,2024 |
Market Cap | ₹19,526.1 Cr | |
Earnings-TTM | ₹1,477.0 Cr | TTM-Consolidated Results |
Price/Earnings | 13.22x | 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 [ ₹19,526.1 Cr] as on Apr 30,2024
(/) Earnings [ ₹1,477.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.22x ]
Thus, for CESC , the investors are currently willing to pay 13.22 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 | 13.22 | 19,526.1 |
NTPC LTD | 16,487.10 | 21.36 | 352,086.0 |
ADANI GREEN ENERGY LTD | 1,198.00 | 237.69 | 284,754.0 |
POWER GRID CORPORATION OF INDIA LTD | 16,282.80 | 17.23 | 280,553.0 |
ADANI POWER LTD | 23,334.00 | 10.13 | 236,257.0 |
TATA POWER COMPANY LTD | 3,132.99 | 45.80 | 143,503.0 |
ADANI ENERGY SOLUTIONS LTD | 1,199.43 | 99.01 | 118,761.0 |
NHPC LTD | 3,737.52 | 25.85 | 96,603.1 |
JSW ENERGY LTD | 1,657.78 | 66.39 | 110,066.0 |
TORRENT POWER LTD | 1,932.89 | 37.30 | 72,104.5 |
SJVN LTD | 990.52 | 53.34 | 52,836.1 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs CESC 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.13x |
Max industry PE | 237.69x |
Median industry PE | 37.30x |
Average industry PE | 57.03x |
You may also like the below Video Courses