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NMDC
PE (Price/Earnings) Ratio

The Current P/E Ratio of NMDC is 8.49.

Share Price ₹72.0Oct 09,2026
Market Cap ₹63,265.8 Cr
Earnings-TTM₹7,453.7 CrTTM-Consolidated Results
Price/Earnings8.49xCalculated 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 [ ₹63,265.8 Cr] as on Oct 09,2026

(/) Earnings [ ₹7,453.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 8.49x ]

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 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 latest p/e ratio is 8.49x.

- 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 RatioMarket Cap
NMDC 7,453.698.4963,265.8
COAL INDIA LTD30,331.808.35253,227.0
KIOCL LTD38.88561.0921,815.2
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD956.5215.3714,705.9
SANDUR MANGANESE & IRON ORES LTD720.5811.958,613.8
MOIL LTD303.5915.754,781.9
ASHAPURA MINECHEM LTD384.5411.714,504.1
DECCAN GOLD MINES LTD-60.58-65.433,963.8
THE ORISSA MINERALS DEVELOPMENT COMPANY LTD3.33635.222,114.6
20 MICRONS LTD68.1410.20695.3
ASI INDUSTRIES LTD25.108.41211.1

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

Top 10 Industry PeersPE 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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