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NMDC
PE (Price/Earnings) Ratio

The Current P/E Ratio of NMDC is 11.30.

Share Price ₹248.0Apr 24,2024
Market Cap ₹72,678.9 Cr
Earnings-TTM₹6,433.5 CrTTM-Consolidated Results
Price/Earnings11.30xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NMDC

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 NMDC is calculated as :

Current Market Cap [ ₹72,678.9 Cr] as on Apr 24,2024

(/) Earnings [ ₹6,433.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 11.30x ]

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

Thus, for NMDC , the investors are currently willing to pay 11.30 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 NMDC !

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 NMDC over the last five years.

Historical PE (Price/Earnings) ratio chart of NMDC


PE Ratio Performance Analysis for NMDC

- NMDC 's latest p/e ratio is 11.30x.

- NMDC 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.19x.

- NMDC 's operated at median p/e ratio of 6.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NMDC 's p/e ratio peaked in Mar2019 at 6.9x.

- NMDC 's p/e ratio hit its five-year low in Mar2022 of 5.05x.


How does NMDC 's P/E Ratio benchmark against top 10 peers in Mining & Minerals Industry?

Peer Comparison (Mining & Minerals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NMDC 6,433.4911.3072,678.9
COAL INDIA LTD28,952.109.44273,286.0
KIOCL LTD41.81647.3627,066.2
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD860.2415.3913,239.9
SANDUR MANGANESE & IRON ORES LTD250.4535.178,809.0
MOIL LTD283.1427.887,895.2
ASHAPURA MINECHEM LTD200.9415.213,057.0
RAGHAV PRODUCTIVITY ENHANCERS LTD25.1856.491,422.3
20 MICRONS LTD51.7210.96566.7

Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs NMDC 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.44x
Max industry PE 647.36x
Median industry PE 15.39x
Average industry PE 92.13x



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