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RELIANCE INDUSTRIAL INFRASTRUCTURE
PE (Price/Earnings) Ratio

The Current P/E Ratio of RELIANCE INDUSTRIAL INFRASTRUCTURE is 104.64.

Share Price ₹1,249.0Apr 15,2024
Market Cap ₹1,885.9 Cr
Earnings-TTM₹18.0 CrTTM-Consolidated Results
Price/Earnings104.64xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RELIANCE INDUSTRIAL INFRASTRUCTURE

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 INDUSTRIAL INFRASTRUCTURE is calculated as :

Current Market Cap [ ₹1,885.9 Cr] as on Apr 15,2024

(/) Earnings [ ₹18.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 104.64x ]

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

Thus, for RELIANCE INDUSTRIAL INFRASTRUCTURE , the investors are currently willing to pay 104.64 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 INDUSTRIAL INFRASTRUCTURE !

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 INDUSTRIAL INFRASTRUCTURE over the last five years.

Historical PE (Price/Earnings) ratio chart of RELIANCE INDUSTRIAL INFRASTRUCTURE


PE Ratio Performance Analysis for RELIANCE INDUSTRIAL INFRASTRUCTURE

- RELIANCE INDUSTRIAL INFRASTRUCTURE 's latest p/e ratio is 104.64x.

- RELIANCE INDUSTRIAL INFRASTRUCTURE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 70.08x.

- RELIANCE INDUSTRIAL INFRASTRUCTURE 's operated at median p/e ratio of 57.06x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RELIANCE INDUSTRIAL INFRASTRUCTURE 's p/e ratio peaked in Mar2022 at 140.7x.

- RELIANCE INDUSTRIAL INFRASTRUCTURE 's p/e ratio hit its five-year low in Mar2020 of 32.37x.


How does RELIANCE INDUSTRIAL INFRASTRUCTURE 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RELIANCE INDUSTRIAL INFRASTRUCTURE 18.02104.641,885.9
LARSEN & TOUBRO LTD15,012.9032.97494,998.0
RAIL VIKAS NIGAM LTD1,375.6438.0452,334.0
GMR AIRPORTS INFRASTRUCTURE LTD-1,531.32-31.8248,734.2
IRB INFRASTRUCTURE DEVELOPERS LTD763.3851.8039,543.4
IRCON INTERNATIONAL LTD865.9823.7620,573.8
KEC INTERNATIONAL LTD267.2067.7818,111.9
KALPATARU PROJECTS INTERNATIONAL LTD487.0038.6118,803.9
NCC LTD693.9822.8515,856.3
GR INFRAPROJECTS LTD1,159.5611.0812,842.7
STERLING AND WILSON RENEWABLE ENERGY LTD-633.33-18.3011,591.3

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs RELIANCE INDUSTRIAL INFRASTRUCTURE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -31.82x
Max industry PE 104.64x
Median industry PE 32.97x
Average industry PE 31.04x



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