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VODAFONE IDEA
PE (Price/Earnings) Ratio

The Current P/E Ratio of VODAFONE IDEA is -2.16.

Share Price ₹12.9Apr 16,2024
Market Cap ₹64,754.8 Cr
Earnings-TTM₹-29,979.8 CrTTM-Consolidated Results
Price/Earnings-2.16xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VODAFONE IDEA

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of VODAFONE IDEA is calculated as :

Current Market Cap [ ₹64,754.8 Cr] as on Apr 16,2024

(/) Earnings [ ₹-29,979.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -2.16x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for VODAFONE IDEA , the investors are currently willing to pay -2.16 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 VODAFONE IDEA !

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 VODAFONE IDEA over the last five years.

Historical PE (Price/Earnings) ratio chart of VODAFONE IDEA


PE Ratio Performance Analysis for VODAFONE IDEA

- VODAFONE IDEA 's latest p/e ratio is -2.16x.

- VODAFONE IDEA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.

- VODAFONE IDEA '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, VODAFONE IDEA 's p/e ratio peaked in Mar2023 at 0x.

- VODAFONE IDEA 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does VODAFONE IDEA 's P/E Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?

Peer Comparison (Telecommunication - Service Provider Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VODAFONE IDEA -29,979.80-2.1664,754.8
BHARTI AIRTEL LTD8,235.7089.54737,459.0
INDUS TOWERS LTD5,582.2016.0789,701.0
TATA COMMUNICATIONS LTD951.2656.4553,695.4
TATA TELESERVICES (MAHARASHTRA) LTD-1,196.17-12.5114,959.1
RAILTEL CORPORATION OF INDIA LTD201.6258.4411,781.7
HATHWAY CABLE & DATACOM LTD24.57152.163,738.5
MAHANAGAR TELEPHONE NIGAM LTD-3,234.44-0.682,194.3
RELIANCE COMMUNICATIONS LTD-60.00-8.02481.2
GTL LTD91.301.83167.1

Telecommunication - Service Provider Industry Benchmark (Top 10) PE Analysis vs VODAFONE IDEA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -12.51x
Max industry PE 152.16x
Median industry PE 16.07x
Average industry PE 35.11x



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