VODAFONE IDEA
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The Current P/E Ratio of VODAFONE IDEA is -2.82.
Share Price | ₹12.7 | May 08,2024 |
Market Cap | ₹84,500.5 Cr | |
Earnings-TTM | ₹-29,979.8 Cr | TTM-Consolidated Results |
Price/Earnings | -2.82x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VODAFONE IDEA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹84,500.5 Cr] as on May 08,2024
(/) Earnings [ ₹-29,979.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -2.82x ]
Thus, for VODAFONE IDEA , the investors are currently willing to pay -2.82 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 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 Ratio | Market Cap |
---|---|---|---|
VODAFONE IDEA | -29,979.80 | -2.82 | 84,500.5 |
BHARTI AIRTEL LTD | 8,235.70 | 94.92 | 781,713.0 |
INDUS TOWERS LTD | 6,036.20 | 15.06 | 90,913.7 |
TATA COMMUNICATIONS LTD | 949.59 | 52.66 | 50,004.7 |
TATA TELESERVICES (MAHARASHTRA) LTD | -1,228.44 | -12.28 | 15,080.3 |
RAILTEL CORPORATION OF INDIA LTD | 201.62 | 59.45 | 11,985.4 |
HATHWAY CABLE & DATACOM LTD | 62.93 | 59.52 | 3,745.5 |
MAHANAGAR TELEPHONE NIGAM LTD | -3,234.44 | -0.70 | 2,249.7 |
RELIANCE COMMUNICATIONS LTD | -60.00 | -7.10 | 425.9 |
GTL LTD | 91.30 | 1.64 | 149.3 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PE Analysis vs VODAFONE IDEA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -12.28x |
Max industry PE | 94.92x |
Median industry PE | 15.06x |
Average industry PE | 26.03x |
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