RELIANCE INFRASTRUCTURE
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The Current P/E Ratio of RELIANCE INFRASTRUCTURE is -2.37.
Share Price | ₹191.4 | Apr 24,2024 |
Market Cap | ₹7,581.4 Cr | |
Earnings-TTM | ₹-3,204.3 Cr | TTM-Consolidated Results |
Price/Earnings | -2.37x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RELIANCE INFRASTRUCTURE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,581.4 Cr] as on Apr 24,2024
(/) Earnings [ ₹-3,204.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -2.37x ]
Thus, for RELIANCE INFRASTRUCTURE , the investors are currently willing to pay -2.37 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 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 INFRASTRUCTURE over the last five years.
Historical PE (Price/Earnings) ratio chart of RELIANCE INFRASTRUCTURE
PE Ratio Performance Analysis for RELIANCE INFRASTRUCTURE
- RELIANCE INFRASTRUCTURE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.23x.
- RELIANCE INFRASTRUCTURE '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 INFRASTRUCTURE 's p/e ratio peaked in Mar2021 at 0.82x.
- RELIANCE INFRASTRUCTURE 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does RELIANCE INFRASTRUCTURE 's P/E Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?
Peer Comparison (Power Generation/Distribution Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RELIANCE INFRASTRUCTURE | -3,204.32 | -2.37 | 7,581.4 |
NTPC LTD | 16,487.10 | 20.68 | 340,886.0 |
ADANI GREEN ENERGY LTD | 1,198.00 | 239.09 | 286,425.0 |
POWER GRID CORPORATION OF INDIA LTD | 16,282.80 | 16.60 | 270,229.0 |
ADANI POWER LTD | 23,334.00 | 9.85 | 229,931.0 |
TATA POWER COMPANY LTD | 3,132.99 | 43.69 | 136,872.0 |
ADANI ENERGY SOLUTIONS LTD | 1,251.98 | 93.30 | 116,814.0 |
NHPC LTD | 3,737.52 | 24.25 | 90,636.4 |
JSW ENERGY LTD | 1,657.78 | 63.38 | 105,067.0 |
TORRENT POWER LTD | 1,932.89 | 37.67 | 72,813.4 |
SJVN LTD | 990.52 | 51.44 | 50,949.8 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs RELIANCE INFRASTRUCTURE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -2.37x |
Max industry PE | 239.09x |
Median industry PE | 37.67x |
Average industry PE | 54.32x |
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