NMDC
|
The Current P/E Ratio of NMDC is 11.30.
Share Price | ₹248.0 | Apr 24,2024 |
Market Cap | ₹72,678.9 Cr | |
Earnings-TTM | ₹6,433.5 Cr | TTM-Consolidated Results |
Price/Earnings | 11.30x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NMDC
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
NMDC | 6,433.49 | 11.30 | 72,678.9 |
COAL INDIA LTD | 28,952.10 | 9.44 | 273,286.0 |
KIOCL LTD | 41.81 | 647.36 | 27,066.2 |
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 860.24 | 15.39 | 13,239.9 |
SANDUR MANGANESE & IRON ORES LTD | 250.45 | 35.17 | 8,809.0 |
MOIL LTD | 283.14 | 27.88 | 7,895.2 |
ASHAPURA MINECHEM LTD | 200.94 | 15.21 | 3,057.0 |
RAGHAV PRODUCTIVITY ENHANCERS LTD | 25.18 | 56.49 | 1,422.3 |
20 MICRONS LTD | 51.72 | 10.96 | 566.7 |
Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs NMDC 's P/E Ratio
Top 10 Industry Peers | PE 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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