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ORIENT GREEN POWER COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of ORIENT GREEN POWER COMPANY is 43.68.

Share Price ₹19.9May 07,2024
Market Cap ₹1,950.6 Cr
Earnings-TTM₹44.7 CrTTM-Consolidated Results
Price/Earnings43.68xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ORIENT GREEN POWER COMPANY

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 ORIENT GREEN POWER COMPANY is calculated as :

Current Market Cap [ ₹1,950.6 Cr] as on May 07,2024

(/) Earnings [ ₹44.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 43.68x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for ORIENT GREEN POWER COMPANY , the investors are currently willing to pay 43.68 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 ORIENT GREEN POWER COMPANY !

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 ORIENT GREEN POWER COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of ORIENT GREEN POWER COMPANY


PE Ratio Performance Analysis for ORIENT GREEN POWER COMPANY

- ORIENT GREEN POWER COMPANY 's latest p/e ratio is 43.68x.

- ORIENT GREEN POWER COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.37x.

- ORIENT GREEN POWER COMPANY 's operated at median p/e ratio of 4.72x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ORIENT GREEN POWER COMPANY 's p/e ratio peaked in Mar2022 at 26.24x.

- ORIENT GREEN POWER COMPANY 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does ORIENT GREEN POWER COMPANY 's P/E Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ORIENT GREEN POWER COMPANY 44.6643.681,950.6
NTPC LTD16,487.1020.53338,462.0
ADANI GREEN ENERGY LTD971.00281.42273,261.0
POWER GRID CORPORATION OF INDIA LTD16,282.8016.86274,600.0
ADANI POWER LTD20,828.8010.74223,702.0
TATA POWER COMPANY LTD3,132.9944.50139,413.0
ADANI ENERGY SOLUTIONS LTD1,199.4394.65113,529.0
NHPC LTD3,737.5226.1197,577.5
JSW ENERGY LTD1,657.7861.55102,043.0
TORRENT POWER LTD1,932.8934.1065,909.4
SJVN LTD990.5250.2549,770.9

Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs ORIENT GREEN POWER COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.74x
Max industry PE 281.42x
Median industry PE 43.68x
Average industry PE 62.22x



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