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HINDALCO INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDALCO INDUSTRIES is 18.62.

Share Price ₹1,109.6May 22,2026
Market Cap ₹249,349.3 Cr
Earnings-TTM₹13,395.0 CrTTM-Consolidated Results
Price/Earnings18.62xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HINDALCO INDUSTRIES

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 HINDALCO INDUSTRIES is calculated as :

Current Market Cap [ ₹249,349.3 Cr] as on May 22,2026

(/) Earnings [ ₹13,395.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 18.62x ]

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

Thus, for HINDALCO INDUSTRIES , the investors are currently willing to pay 18.62 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 HINDALCO INDUSTRIES !

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 HINDALCO INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of HINDALCO INDUSTRIES


PE Ratio Performance Analysis for HINDALCO INDUSTRIES

- HINDALCO INDUSTRIES 's latest p/e ratio is 18.62x.

- HINDALCO INDUSTRIES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 12.13x.

- HINDALCO INDUSTRIES 's operated at median p/e ratio of 9.47x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDALCO INDUSTRIES 's p/e ratio peaked in Mar2021 at 20.83x.

- HINDALCO INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 8.91x.


How does HINDALCO INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HINDALCO INDUSTRIES 13,395.0018.62249,349.3
HINDUSTAN ZINC LTD13,832.0019.30266,998.0
VEDANTA LTD15,859.008.14129,062.0
HINDUSTAN COPPER LTD920.6657.3352,780.2
JAIN RESOURCE RECYCLING LTD353.1637.6813,306.5
GRAVITA INDIA LTD378.3332.0012,106.8
PONDY OXIDES & CHEMICALS LTD110.9541.354,588.2
BHAGYANAGAR INDIA LTD50.1717.55880.3
POCL ENTERPRISES LTD40.4314.09569.8
NILE LTD51.1710.79552.0
SHERA ENERGY LTD27.1515.14411.0

Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs HINDALCO INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 8.14x
Max industry PE 57.33x
Median industry PE 18.62x
Average industry PE 24.73x



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