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GUJARAT INDUSTRIES POWER COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of GUJARAT INDUSTRIES POWER COMPANY is 13.55.

Share Price ₹176.9Apr 19,2024
Market Cap ₹2,675.7 Cr
Earnings-TTM₹197.4 CrTTM-Standalone Results
Price/Earnings13.55xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GUJARAT INDUSTRIES POWER COMPANY

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 GUJARAT INDUSTRIES POWER COMPANY is calculated as :

Current Market Cap [ ₹2,675.7 Cr] as on Apr 19,2024

(/) Earnings [ ₹197.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 13.55x ]

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

Thus, for GUJARAT INDUSTRIES POWER COMPANY , the investors are currently willing to pay 13.55 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 GUJARAT INDUSTRIES POWER COMPANY !

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 GUJARAT INDUSTRIES POWER COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of GUJARAT INDUSTRIES POWER COMPANY


PE Ratio Performance Analysis for GUJARAT INDUSTRIES POWER COMPANY

- GUJARAT INDUSTRIES POWER COMPANY 's latest p/e ratio is 13.55x.

- GUJARAT INDUSTRIES POWER COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.62x.

- GUJARAT INDUSTRIES POWER COMPANY 's operated at median p/e ratio of 6.1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GUJARAT INDUSTRIES POWER COMPANY 's p/e ratio peaked in Mar2022 at 6.48x.

- GUJARAT INDUSTRIES POWER COMPANY 's p/e ratio hit its five-year low in Mar2020 of 3.06x.


How does GUJARAT INDUSTRIES POWER COMPANY 's P/E Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GUJARAT INDUSTRIES POWER COMPANY 197.4413.552,675.7
NTPC LTD16,487.1020.64340,256.0
ADANI GREEN ENERGY LTD1,198.00234.13280,493.0
POWER GRID CORPORATION OF INDIA LTD16,282.8016.09261,998.0
ADANI POWER LTD23,334.009.83229,295.0
TATA POWER COMPANY LTD3,132.9943.65136,761.0
ADANI ENERGY SOLUTIONS LTD1,251.9892.74116,112.0
NHPC LTD3,737.5223.4487,602.8
JSW ENERGY LTD1,657.7866.03109,471.0
TORRENT POWER LTD1,932.8937.3072,102.1
SJVN LTD990.5249.2848,808.1

Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs GUJARAT INDUSTRIES POWER COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.83x
Max industry PE 234.13x
Median industry PE 37.30x
Average industry PE 55.15x



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