RELIANCE INDUSTRIES
|
The Current P/E Ratio of RELIANCE INDUSTRIES is 17.87.
| Share Price | ₹1,262.6 | Jun 11,2026 |
| Market Cap | ₹1,708,613.5 Cr | |
| Earnings-TTM | ₹95,610.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 17.87x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of RELIANCE INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,708,613.5 Cr] as on Jun 11,2026
(/) Earnings [ ₹95,610.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.87x ]
Thus, for RELIANCE INDUSTRIES , the investors are currently willing to pay 17.87 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 INDUSTRIES !
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 INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of RELIANCE INDUSTRIES
PE Ratio Performance Analysis for RELIANCE INDUSTRIES
- RELIANCE INDUSTRIES 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 17.65x.
- RELIANCE INDUSTRIES 's operated at median p/e ratio of 14.68x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RELIANCE INDUSTRIES 's p/e ratio peaked in Mar2025 at 24.77x.
- RELIANCE INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 11.82x.
How does RELIANCE INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Refineries Industry?
| Peer Comparison (Refineries Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| RELIANCE INDUSTRIES | 95,610.00 | 17.87 | 1,708,613.5 |
| INDIAN OIL CORPORATION LTD | 40,701.80 | 4.66 | 189,719.0 |
| BHARAT PETROLEUM CORPORATION LTD | 24,332.60 | 5.11 | 124,233.0 |
| HINDUSTAN PETROLEUM CORPORATION LTD | 16,554.30 | 4.70 | 77,814.5 |
| MANGALORE REFINERY AND PETROCHEMICALS LTD | 1,916.22 | 14.24 | 27,279.2 |
| CHENNAI PETROLEUM CORPORATION LTD | 3,032.68 | 5.60 | 16,984.8 |
Refineries Industry Benchmark (Top 10) PE Analysis vs RELIANCE INDUSTRIES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 4.66x |
| Max industry PE | 17.87x |
| Median industry PE | 5.60x |
| Average industry PE | 8.70x |
You may also like the below Video Courses