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RELIANCE COMMUNICATIONS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RELIANCE COMMUNICATIONS is -2.29.

Share Price ₹1.5Jul 07,2025
Market Cap ₹423.1 Cr
Earnings-TTM₹-185.0 CrTTM-Consolidated Results
Price/Earnings-2.29xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RELIANCE COMMUNICATIONS

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 RELIANCE COMMUNICATIONS is calculated as :

Current Market Cap [ ₹423.1 Cr] as on Jul 07,2025

(/) Earnings [ ₹-185.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -2.29x ]

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

Thus, for RELIANCE COMMUNICATIONS , the investors are currently willing to pay -2.29 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 RELIANCE COMMUNICATIONS !

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 RELIANCE COMMUNICATIONS over the last five years.

Historical PE (Price/Earnings) ratio chart of RELIANCE COMMUNICATIONS


PE Ratio Performance Analysis for RELIANCE COMMUNICATIONS

- RELIANCE COMMUNICATIONS 's latest p/e ratio is -2.29x.

- RELIANCE COMMUNICATIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.

- RELIANCE COMMUNICATIONS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RELIANCE COMMUNICATIONS 's p/e ratio peaked in Mar2024 at 0x.

- RELIANCE COMMUNICATIONS 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does RELIANCE COMMUNICATIONS 's P/E Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?

Peer Comparison (Telecommunication - Service Provider Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RELIANCE COMMUNICATIONS -185.00-2.29423.1
BHARTI AIRTEL LTD33,778.3034.681,171,280.0
INDUS TOWERS LTD9,931.7010.73106,555.0
BHARTI HEXACOM LTD1,493.6059.7489,230.0
VODAFONE IDEA LTD-27,385.20-2.8377,573.6
TATA COMMUNICATIONS LTD1,535.5631.7848,802.0
TATA TELESERVICES (MAHARASHTRA) LTD-1,275.32-9.8512,568.2
RAILTEL CORPORATION OF INDIA LTD299.8143.9813,184.2
MAHANAGAR TELEPHONE NIGAM LTD-3,329.51-0.923,061.8
HATHWAY CABLE & DATACOM LTD76.0835.742,718.9
GTL LTD-8.38-19.40162.6

Telecommunication - Service Provider Industry Benchmark (Top 10) PE Analysis vs RELIANCE COMMUNICATIONS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -19.40x
Max industry PE 59.74x
Median industry PE 10.73x
Average industry PE 16.49x



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