RELIANCE POWER
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The Current P/E Ratio of RELIANCE POWER is -6.96.
Share Price | ₹27.5 | Apr 25,2024 |
Market Cap | ₹11,050.8 Cr | |
Earnings-TTM | ₹-1,588.9 Cr | TTM-Consolidated Results |
Price/Earnings | -6.96x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RELIANCE POWER
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹11,050.8 Cr] as on Apr 25,2024
(/) Earnings [ ₹-1,588.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -6.96x ]
Thus, for RELIANCE POWER , the investors are currently willing to pay -6.96 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 POWER !
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 POWER over the last five years.
Historical PE (Price/Earnings) ratio chart of RELIANCE POWER
PE Ratio Performance Analysis for RELIANCE POWER
- RELIANCE POWER 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.35x.
- RELIANCE POWER '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 POWER 's p/e ratio peaked in Mar2021 at 6.75x.
- RELIANCE POWER 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does RELIANCE POWER '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 POWER | -1,588.89 | -6.96 | 11,050.8 |
NTPC LTD | 16,487.10 | 21.07 | 347,432.0 |
ADANI GREEN ENERGY LTD | 1,198.00 | 239.73 | 287,201.0 |
POWER GRID CORPORATION OF INDIA LTD | 16,282.80 | 16.74 | 272,601.0 |
ADANI POWER LTD | 23,334.00 | 9.79 | 228,485.0 |
TATA POWER COMPANY LTD | 3,132.99 | 44.01 | 137,879.0 |
ADANI ENERGY SOLUTIONS LTD | 1,251.98 | 93.57 | 117,149.0 |
NHPC LTD | 3,737.52 | 24.46 | 91,429.9 |
JSW ENERGY LTD | 1,657.78 | 63.77 | 105,714.0 |
TORRENT POWER LTD | 1,932.89 | 37.47 | 72,426.5 |
SJVN LTD | 990.52 | 52.75 | 52,246.6 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs RELIANCE POWER 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -6.96x |
Max industry PE | 239.73x |
Median industry PE | 37.47x |
Average industry PE | 54.22x |
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