RELIANCE POWER
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The Current P/E Ratio of RELIANCE POWER is -30.84.
| Share Price | ₹23.6 | Aug 11,2026 |
| Market Cap | ₹9,768.8 Cr | |
| Earnings-TTM | ₹-316.7 Cr | TTM-Consolidated Results |
| Price/Earnings | -30.84x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹9,768.8 Cr] as on Aug 11,2026
(/) Earnings [ ₹-316.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -30.84x ]
Thus, for RELIANCE POWER , the investors are currently willing to pay -30.84 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 Mar2026 to Mar2022 averaged 1.17x.
- 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 Mar2025 at 5.86x.
- RELIANCE POWER 's p/e ratio hit its five-year low in Mar2026 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 | -316.72 | -30.84 | 9,768.8 |
| ADANI POWER LTD | 14,414.90 | 27.88 | 401,893.0 |
| NTPC LTD | 29,269.50 | 11.23 | 328,717.0 |
| POWER GRID CORPORATION OF INDIA LTD | 19,074.80 | 13.06 | 249,163.0 |
| ADANI GREEN ENERGY LTD | 1,788.00 | 125.27 | 223,983.0 |
| ADANI ENERGY SOLUTIONS LTD | 3,087.33 | 64.25 | 198,363.0 |
| TATA POWER COMPANY LTD | 4,436.47 | 27.37 | 121,423.0 |
| JSW ENERGY LTD | 2,448.37 | 42.45 | 103,922.0 |
| NTPC GREEN ENERGY LTD | 574.78 | 136.29 | 78,339.6 |
| NHPC LTD | 3,210.42 | 24.02 | 77,125.8 |
| TORRENT POWER LTD | 2,389.63 | 28.04 | 67,009.1 |
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 | -30.84x |
| Max industry PE | 136.29x |
| Median industry PE | 27.88x |
| Average industry PE | 42.64x |
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