TORRENT POWER
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The Current P/E Ratio of TORRENT POWER is 33.10.
Share Price | ₹1,331.4 | May 08,2024 |
Market Cap | ₹63,984.7 Cr | |
Earnings-TTM | ₹1,932.9 Cr | TTM-Consolidated Results |
Price/Earnings | 33.10x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TORRENT POWER
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹63,984.7 Cr] as on May 08,2024
(/) Earnings [ ₹1,932.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 33.10x ]
Thus, for TORRENT POWER , the investors are currently willing to pay 33.10 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 TORRENT 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 TORRENT POWER over the last five years.
Historical PE (Price/Earnings) ratio chart of TORRENT POWER
PE Ratio Performance Analysis for TORRENT POWER
- TORRENT POWER 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 20.92x.
- TORRENT POWER 's operated at median p/e ratio of 13.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TORRENT POWER 's p/e ratio peaked in Mar2022 at 52.08x.
- TORRENT POWER 's p/e ratio hit its five-year low in Mar2020 of 11.42x.
How does TORRENT 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 |
---|---|---|---|
TORRENT POWER | 1,932.89 | 33.10 | 63,984.7 |
NTPC LTD | 16,487.10 | 20.92 | 344,862.0 |
ADANI GREEN ENERGY LTD | 971.00 | 289.51 | 281,110.0 |
POWER GRID CORPORATION OF INDIA LTD | 16,282.80 | 17.24 | 280,785.0 |
ADANI POWER LTD | 20,828.80 | 10.73 | 223,432.0 |
TATA POWER COMPANY LTD | 3,102.52 | 44.85 | 139,141.0 |
ADANI ENERGY SOLUTIONS LTD | 1,199.43 | 94.57 | 113,429.0 |
NHPC LTD | 3,737.52 | 26.56 | 99,285.1 |
JSW ENERGY LTD | 1,708.14 | 57.01 | 97,376.9 |
SJVN LTD | 990.52 | 50.88 | 50,399.6 |
NLC INDIA LTD | 2,590.10 | 11.99 | 31,060.7 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs TORRENT POWER 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.73x |
Max industry PE | 289.51x |
Median industry PE | 33.10x |
Average industry PE | 59.76x |
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