NLC INDIA
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The Current P/E Ratio of NLC INDIA is 11.99.
Share Price | ₹224.0 | Apr 19,2024 |
Market Cap | ₹31,052.9 Cr | |
Earnings-TTM | ₹2,590.1 Cr | TTM-Consolidated Results |
Price/Earnings | 11.99x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NLC INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹31,052.9 Cr] as on Apr 19,2024
(/) Earnings [ ₹2,590.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 11.99x ]
Thus, for NLC INDIA , the investors are currently willing to pay 11.99 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 NLC INDIA !
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 NLC INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of NLC INDIA
PE Ratio Performance Analysis for NLC INDIA
- NLC INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.33x.
- NLC INDIA 's operated at median p/e ratio of 6.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NLC INDIA 's p/e ratio peaked in Mar2023 at 7.67x.
- NLC INDIA 's p/e ratio hit its five-year low in Mar2020 of 4.64x.
How does NLC INDIA '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 |
---|---|---|---|
NLC INDIA | 2,590.10 | 11.99 | 31,052.9 |
NTPC LTD | 16,487.10 | 20.64 | 340,256.0 |
ADANI GREEN ENERGY LTD | 1,198.00 | 234.13 | 280,493.0 |
POWER GRID CORPORATION OF INDIA LTD | 16,282.80 | 16.09 | 261,998.0 |
ADANI POWER LTD | 23,334.00 | 9.83 | 229,295.0 |
TATA POWER COMPANY LTD | 3,132.99 | 43.65 | 136,761.0 |
ADANI ENERGY SOLUTIONS LTD | 1,251.98 | 92.74 | 116,112.0 |
NHPC LTD | 3,737.52 | 23.44 | 87,602.8 |
JSW ENERGY LTD | 1,657.78 | 66.03 | 109,471.0 |
TORRENT POWER LTD | 1,932.89 | 37.30 | 72,102.1 |
SJVN LTD | 990.52 | 49.28 | 48,808.1 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs NLC INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.83x |
Max industry PE | 234.13x |
Median industry PE | 37.30x |
Average industry PE | 55.01x |
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