NMDC
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The Current P/E Ratio of NMDC is 9.67.
| Share Price | ₹82.0 | Sep 23,2026 |
| Market Cap | ₹72,092.8 Cr | |
| Earnings-TTM | ₹7,453.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 9.67x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹72,092.8 Cr] as on Sep 23,2026
(/) Earnings [ ₹7,453.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 9.67x ]
Thus, for NMDC , the investors are currently willing to pay 9.67 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 Mar2026 to Mar2022 averaged 5.76x.
- 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 Ratio | Market Cap |
|---|---|---|---|
| NMDC | 7,453.69 | 9.67 | 72,092.8 |
| COAL INDIA LTD | 30,331.80 | 8.61 | 261,300.0 |
| KIOCL LTD | 38.88 | 545.07 | 21,192.3 |
| GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 956.52 | 18.51 | 17,706.2 |
| SANDUR MANGANESE & IRON ORES LTD | 720.58 | 12.71 | 9,155.8 |
| MOIL LTD | 303.59 | 16.68 | 5,062.7 |
| ASHAPURA MINECHEM LTD | 384.54 | 13.23 | 5,087.2 |
| DECCAN GOLD MINES LTD | -60.58 | -73.78 | 4,469.6 |
| THE ORISSA MINERALS DEVELOPMENT COMPANY LTD | 3.33 | 691.49 | 2,302.0 |
| 20 MICRONS LTD | 68.14 | 11.37 | 774.7 |
| ASI INDUSTRIES LTD | 25.10 | 8.50 | 213.4 |
Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs NMDC 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -73.78x |
| Max industry PE | 691.49x |
| Median industry PE | 12.71x |
| Average industry PE | 114.73x |
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