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NMDC
PE (Price/Earnings) Ratio

The Current P/E Ratio of NMDC is 10.23.

Share Price ₹80.1Feb 20,2026
Market Cap ₹70,378.4 Cr
Earnings-TTM₹6,881.0 CrTTM-Consolidated Results
Price/Earnings10.23xCalculated 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 [ ₹70,378.4 Cr] as on Feb 20,2026

(/) Earnings [ ₹6,881.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 10.23x ]

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 10.23 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 10.23x.

- NMDC 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 5.22x.

- NMDC 's operated at median p/e ratio of 5.05x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NMDC 's p/e ratio peaked in Mar2025 at 9.26x.

- NMDC 's p/e ratio hit its five-year low in Mar2023 of 1.95x.


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 6,880.9710.2370,378.4
COAL INDIA LTD28,944.309.02261,053.0
KIOCL LTD-73.68-281.4020,733.4
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD988.9918.2618,057.6
SANDUR MANGANESE & IRON ORES LTD579.3716.919,799.9
MOIL LTD290.5220.886,065.9
ASHAPURA MINECHEM LTD350.7514.295,013.7
THE ORISSA MINERALS DEVELOPMENT COMPANY LTD-26.75-95.052,542.2
RAGHAV PRODUCTIVITY ENHANCERS LTD49.7763.363,153.5
DECCAN GOLD MINES LTD-94.83-25.982,463.8
20 MICRONS LTD64.859.72630.6

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

Top 10 Industry PeersPE Ratio
Min industry PE -281.40x
Max industry PE 63.36x
Median industry PE 10.23x
Average industry PE -21.80x



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