NMDC
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The Current P/E Ratio of NMDC is 11.26.
| Share Price | ₹88.1 | May 21,2026 |
| Market Cap | ₹77,447.0 Cr | |
| Earnings-TTM | ₹6,881.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 11.26x | 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 [ ₹77,447.0 Cr] as on May 21,2026
(/) Earnings [ ₹6,881.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 11.26x ]
Thus, for NMDC , the investors are currently willing to pay 11.26 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 | 11.26 | 77,447.0 |
| COAL INDIA LTD | 30,312.20 | 9.36 | 283,609.0 |
| KIOCL LTD | -73.68 | -315.30 | 23,231.3 |
| GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 957.38 | 21.65 | 20,732.0 |
| SANDUR MANGANESE & IRON ORES LTD | 658.76 | 16.74 | 11,027.3 |
| MOIL LTD | 267.48 | 22.76 | 6,088.3 |
| ASHAPURA MINECHEM LTD | 350.75 | 17.41 | 6,106.0 |
| DECCAN GOLD MINES LTD | -76.07 | -37.82 | 2,877.2 |
| THE ORISSA MINERALS DEVELOPMENT COMPANY LTD | -26.75 | -91.30 | 2,441.7 |
| 20 MICRONS LTD | 64.85 | 9.51 | 617.0 |
| ASI INDUSTRIES LTD | 22.69 | 9.46 | 214.6 |
Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs NMDC 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -315.30x |
| Max industry PE | 22.76x |
| Median industry PE | 9.51x |
| Average industry PE | -29.66x |
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