RELIANCE INDUSTRIES
|
The Current P/E Ratio of RELIANCE INDUSTRIES is 23.91.
Share Price | ₹1,427.7 | Jun 13,2025 |
Market Cap | ₹1,931,967.4 Cr | |
Earnings-TTM | ₹80,787.0 Cr | TTM-Consolidated Results |
Price/Earnings | 23.91x | 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 [ ₹1,931,967.4 Cr] as on Jun 13,2025
(/) Earnings [ ₹80,787.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.91x ]
Thus, for RELIANCE INDUSTRIES , the investors are currently willing to pay 23.91 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 Mar2024 to Mar2020 averaged 25.19x.
- RELIANCE INDUSTRIES 's operated at median p/e ratio of 26.28x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RELIANCE INDUSTRIES 's p/e ratio peaked in Mar2022 at 29.35x.
- RELIANCE INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 17.75x.
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 | 80,787.00 | 23.91 | 1,931,967.4 |
INDIAN OIL CORPORATION LTD | 12,028.40 | 16.49 | 198,333.0 |
BHARAT PETROLEUM CORPORATION LTD | 12,013.80 | 11.29 | 135,642.0 |
HINDUSTAN PETROLEUM CORPORATION LTD | 6,855.29 | 12.00 | 82,293.5 |
MANGALORE REFINERY AND PETROCHEMICALS LTD | 28.08 | 867.56 | 24,361.1 |
CHENNAI PETROLEUM CORPORATION LTD | 155.22 | 61.61 | 9,563.1 |
Refineries Industry Benchmark (Top 10) PE Analysis vs RELIANCE INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.29x |
Max industry PE | 867.56x |
Median industry PE | 23.91x |
Average industry PE | 165.48x |
You may also like the below Video Courses