NMDC
|
The Current P/E Ratio of NMDC is 10.23.
| Share Price | ₹80.1 | Feb 20,2026 |
| Market Cap | ₹70,378.4 Cr | |
| Earnings-TTM | ₹6,881.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 10.23x | 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 [ ₹70,378.4 Cr] as on Feb 20,2026
(/) Earnings [ ₹6,881.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 10.23x ]
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 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 Ratio | Market Cap |
|---|---|---|---|
| NMDC | 6,880.97 | 10.23 | 70,378.4 |
| COAL INDIA LTD | 28,944.30 | 9.02 | 261,053.0 |
| KIOCL LTD | -73.68 | -281.40 | 20,733.4 |
| GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 988.99 | 18.26 | 18,057.6 |
| SANDUR MANGANESE & IRON ORES LTD | 579.37 | 16.91 | 9,799.9 |
| MOIL LTD | 290.52 | 20.88 | 6,065.9 |
| ASHAPURA MINECHEM LTD | 350.75 | 14.29 | 5,013.7 |
| THE ORISSA MINERALS DEVELOPMENT COMPANY LTD | -26.75 | -95.05 | 2,542.2 |
| RAGHAV PRODUCTIVITY ENHANCERS LTD | 49.77 | 63.36 | 3,153.5 |
| DECCAN GOLD MINES LTD | -94.83 | -25.98 | 2,463.8 |
| 20 MICRONS LTD | 64.85 | 9.72 | 630.6 |
Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs NMDC 's P/E Ratio
| Top 10 Industry Peers | PE 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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