HINDUSTAN ZINC
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The Current P/E Ratio of HINDUSTAN ZINC is 22.96.
Share Price | ₹421.6 | Apr 26,2024 |
Market Cap | ₹178,138.6 Cr | |
Earnings-TTM | ₹7,759.0 Cr | TTM-Consolidated Results |
Price/Earnings | 22.96x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN ZINC
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹178,138.6 Cr] as on Apr 26,2024
(/) Earnings [ ₹7,759.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.96x ]
Thus, for HINDUSTAN ZINC , the investors are currently willing to pay 22.96 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 HINDUSTAN ZINC !
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 HINDUSTAN ZINC over the last five years.
Historical PE (Price/Earnings) ratio chart of HINDUSTAN ZINC
PE Ratio Performance Analysis for HINDUSTAN ZINC
- HINDUSTAN ZINC 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 13.27x.
- HINDUSTAN ZINC 's operated at median p/e ratio of 13.59x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, HINDUSTAN ZINC 's p/e ratio peaked in Mar2021 at 14.44x.
- HINDUSTAN ZINC 's p/e ratio hit its five-year low in Mar2023 of 11.79x.
How does HINDUSTAN ZINC 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?
Peer Comparison (Metal - Non Ferrous Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HINDUSTAN ZINC | 7,759.00 | 22.96 | 178,138.6 |
HINDALCO INDUSTRIES LTD | 9,387.00 | 15.55 | 145,968.0 |
VEDANTA LTD | 7,534.00 | 19.57 | 147,443.0 |
HINDUSTAN COPPER LTD | 303.15 | 124.68 | 37,796.1 |
GRAVITA INDIA LTD | 236.85 | 28.36 | 6,717.0 |
SHIVALIK BIMETAL CONTROLS LTD | 78.13 | 42.52 | 3,322.3 |
BHARAT WIRE ROPES LTD | 90.51 | 23.20 | 2,099.4 |
RAM RATNA WIRES LTD | 50.83 | 28.68 | 1,457.7 |
NILE LTD | 33.63 | 12.27 | 412.6 |
RAJNANDINI METAL LTD | 18.31 | 16.46 | 301.4 |
SHERA ENERGY LTD | 12.46 | 34.95 | 435.5 |
Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN ZINC 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.27x |
Max industry PE | 124.68x |
Median industry PE | 23.20x |
Average industry PE | 33.56x |
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