INDIAN ENERGY EXCHANGE
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The Current P/E Ratio of INDIAN ENERGY EXCHANGE is 42.43.
Share Price | ₹156.1 | May 02,2024 |
Market Cap | ₹13,919.4 Cr | |
Earnings-TTM | ₹328.1 Cr | TTM-Consolidated Results |
Price/Earnings | 42.43x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of INDIAN ENERGY EXCHANGE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹13,919.4 Cr] as on May 02,2024
(/) Earnings [ ₹328.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 42.43x ]
Thus, for INDIAN ENERGY EXCHANGE , the investors are currently willing to pay 42.43 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 INDIAN ENERGY EXCHANGE !
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 INDIAN ENERGY EXCHANGE over the last five years.
Historical PE (Price/Earnings) ratio chart of INDIAN ENERGY EXCHANGE
PE Ratio Performance Analysis for INDIAN ENERGY EXCHANGE
- INDIAN ENERGY EXCHANGE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 27.15x.
- INDIAN ENERGY EXCHANGE 's operated at median p/e ratio of 16.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIAN ENERGY EXCHANGE 's p/e ratio peaked in Mar2022 at 65.16x.
- INDIAN ENERGY EXCHANGE 's p/e ratio hit its five-year low in Mar2020 of 7.24x.
How does INDIAN ENERGY EXCHANGE 's P/E Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?
Peer Comparison (Power Generation/Distribution Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
INDIAN ENERGY EXCHANGE | 328.08 | 42.43 | 13,919.4 |
NTPC LTD | 16,487.10 | 21.72 | 358,146.0 |
ADANI GREEN ENERGY LTD | 1,198.00 | 236.31 | 283,098.0 |
POWER GRID CORPORATION OF INDIA LTD | 16,282.80 | 17.90 | 291,527.0 |
ADANI POWER LTD | 20,828.80 | 11.26 | 234,502.0 |
TATA POWER COMPANY LTD | 3,132.99 | 46.68 | 146,251.0 |
ADANI ENERGY SOLUTIONS LTD | 1,199.43 | 97.72 | 117,205.0 |
NHPC LTD | 3,737.52 | 26.34 | 98,451.4 |
JSW ENERGY LTD | 1,657.78 | 67.32 | 111,595.0 |
TORRENT POWER LTD | 1,932.89 | 37.45 | 72,395.3 |
SJVN LTD | 990.52 | 54.39 | 53,877.5 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs INDIAN ENERGY EXCHANGE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.26x |
Max industry PE | 236.31x |
Median industry PE | 42.43x |
Average industry PE | 59.96x |
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