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INDIA POWER CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDIA POWER CORPORATION is 93.06.

Share Price ₹16.3Apr 15,2024
Market Cap ₹1,587.3 Cr
Earnings-TTM₹17.1 CrTTM-Consolidated Results
Price/Earnings93.06xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDIA POWER CORPORATION

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 INDIA POWER CORPORATION is calculated as :

Current Market Cap [ ₹1,587.3 Cr] as on Apr 15,2024

(/) Earnings [ ₹17.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 93.06x ]

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

Thus, for INDIA POWER CORPORATION , the investors are currently willing to pay 93.06 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 INDIA POWER CORPORATION !

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 INDIA POWER CORPORATION over the last five years.

Historical PE (Price/Earnings) ratio chart of INDIA POWER CORPORATION


PE Ratio Performance Analysis for INDIA POWER CORPORATION

- INDIA POWER CORPORATION 's latest p/e ratio is 93.06x.

- INDIA POWER CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 63.59x.

- INDIA POWER CORPORATION 's operated at median p/e ratio of 63.65x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDIA POWER CORPORATION 's p/e ratio peaked in Mar2022 at 85.13x.

- INDIA POWER CORPORATION 's p/e ratio hit its five-year low in Mar2021 of 43.29x.


How does INDIA POWER CORPORATION '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
INDIA POWER CORPORATION 17.0693.061,587.3
NTPC LTD16,487.1021.25350,389.0
ADANI GREEN ENERGY LTD1,198.00239.58287,019.0
POWER GRID CORPORATION OF INDIA LTD16,282.8015.66254,976.0
ADANI POWER LTD23,334.009.93231,667.0
TATA POWER COMPANY LTD3,132.9944.01137,879.0
ADANI ENERGY SOLUTIONS LTD1,251.9893.79117,422.0
NHPC LTD3,737.5223.9089,330.5
JSW ENERGY LTD1,657.7864.24106,500.0
TORRENT POWER LTD1,932.8937.9773,383.0
SJVN LTD990.5249.3148,847.4

Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs INDIA POWER CORPORATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.93x
Max industry PE 239.58x
Median industry PE 44.01x
Average industry PE 62.97x



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