NMDC
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The Current P/E Ratio of NMDC is 8.49.
| Share Price | ₹72.0 | Oct 09,2026 |
| Market Cap | ₹63,265.8 Cr | |
| Earnings-TTM | ₹7,453.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 8.49x | 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 [ ₹63,265.8 Cr] as on Oct 09,2026
(/) Earnings [ ₹7,453.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 8.49x ]
Thus, for NMDC , the investors are currently willing to pay 8.49 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 | 8.49 | 63,265.8 |
| COAL INDIA LTD | 30,331.80 | 8.35 | 253,227.0 |
| KIOCL LTD | 38.88 | 561.09 | 21,815.2 |
| GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 956.52 | 15.37 | 14,705.9 |
| SANDUR MANGANESE & IRON ORES LTD | 720.58 | 11.95 | 8,613.8 |
| MOIL LTD | 303.59 | 15.75 | 4,781.9 |
| ASHAPURA MINECHEM LTD | 384.54 | 11.71 | 4,504.1 |
| DECCAN GOLD MINES LTD | -60.58 | -65.43 | 3,963.8 |
| THE ORISSA MINERALS DEVELOPMENT COMPANY LTD | 3.33 | 635.22 | 2,114.6 |
| 20 MICRONS LTD | 68.14 | 10.20 | 695.3 |
| ASI INDUSTRIES LTD | 25.10 | 8.41 | 211.1 |
Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs NMDC 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -65.43x |
| Max industry PE | 635.22x |
| Median industry PE | 11.71x |
| Average industry PE | 111.01x |
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