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NMDC
PE (Price/Earnings) Ratio

The Current P/E Ratio of NMDC is 10.13.

Share Price ₹85.4Jun 29,2026
Market Cap ₹75,099.6 Cr
Earnings-TTM₹7,415.4 CrTTM-Consolidated Results
Price/Earnings10.13xCalculated 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 [ ₹75,099.6 Cr] as on Jun 29,2026

(/) Earnings [ ₹7,415.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 10.13x ]

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 10.13 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 10.13x.

- 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 7,415.3710.1375,099.6
COAL INDIA LTD30,312.209.04274,026.0
KIOCL LTD16.571,432.6423,738.8
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD957.3819.2118,386.8
SANDUR MANGANESE & IRON ORES LTD658.7615.3410,108.5
MOIL LTD267.4821.365,713.9
ASHAPURA MINECHEM LTD390.3616.466,424.6
DECCAN GOLD MINES LTD-76.07-51.033,881.6
THE ORISSA MINERALS DEVELOPMENT COMPANY LTD-26.75-86.692,318.4
20 MICRONS LTD67.2410.34695.3
ASI INDUSTRIES LTD22.699.90224.7

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

Top 10 Industry PeersPE Ratio
Min industry PE -86.69x
Max industry PE 1,432.64x
Median industry PE 10.34x
Average industry PE 127.88x



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