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COAL INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of COAL INDIA is 9.23.

Share Price ₹433.8Mar 28,2024
Market Cap ₹267,307.1 Cr
Earnings-TTM₹28,952.1 CrTTM-Consolidated Results
Price/Earnings9.23xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of COAL INDIA

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of COAL INDIA is calculated as :

Current Market Cap [ ₹267,307.1 Cr] as on Mar 28,2024

(/) Earnings [ ₹28,952.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 9.23x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for COAL INDIA , the investors are currently willing to pay 9.23 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 COAL INDIA !

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 COAL INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of COAL INDIA


PE Ratio Performance Analysis for COAL INDIA

- COAL INDIA 's latest p/e ratio is 9.23x.

- COAL INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.20x.

- COAL INDIA 's operated at median p/e ratio of 6.33x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, COAL INDIA 's p/e ratio peaked in Mar2019 at 8.36x.

- COAL INDIA 's p/e ratio hit its five-year low in Mar2023 of 4.67x.


How does COAL INDIA 's P/E Ratio benchmark against top 10 peers in Mining & Minerals Industry?

Peer Comparison (Mining & Minerals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
COAL INDIA 28,952.109.23267,307.1
NMDC LTD6,433.499.1959,110.3
KIOCL LTD41.81565.8123,656.7
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD860.2412.7110,936.0
SANDUR MANGANESE & IRON ORES LTD250.4523.455,872.2
MOIL LTD283.1420.005,662.0
ASHAPURA MINECHEM LTD200.9417.103,435.3
RAGHAV PRODUCTIVITY ENHANCERS LTD25.1853.681,351.5
20 MICRONS LTD51.729.80507.1

Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs COAL INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.19x
Max industry PE 565.81x
Median industry PE 17.10x
Average industry PE 80.11x



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