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RELIANCE COMMUNICATIONS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RELIANCE COMMUNICATIONS is -2.17.

Share Price ₹1.5Aug 04,2025
Market Cap ₹401.0 Cr
Earnings-TTM₹-185.0 CrTTM-Consolidated Results
Price/Earnings-2.17xCalculated 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 [ ₹401.0 Cr] as on Aug 04,2025

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

(=) P/E Ratio [ -2.17x ]

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 -2.17 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 -2.17x.

- 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 -185.00-2.17401.0
BHARTI AIRTEL LTD33,778.3034.551,167,110.0
INDUS TOWERS LTD9,742.609.3791,293.6
BHARTI HEXACOM LTD1,493.6062.3393,102.5
VODAFONE IDEA LTD-27,385.20-2.7174,106.6
TATA COMMUNICATIONS LTD1,431.4833.2747,629.2
TATA TELESERVICES (MAHARASHTRA) LTD-1,276.90-9.0411,547.8
RAILTEL CORPORATION OF INDIA LTD317.2437.2511,817.0
MAHANAGAR TELEPHONE NIGAM LTD-3,329.51-0.862,858.9
HATHWAY CABLE & DATACOM LTD89.6629.362,632.2
GTL LTD-8.38-17.34145.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -17.34x
Max industry PE 62.33x
Median industry PE 9.37x
Average industry PE 15.82x



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