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ADANI ENTERPRISES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ADANI ENTERPRISES is 56.80.

Share Price ₹2,820.2Nov 19,2024
Market Cap ₹325,507.5 Cr
Earnings-TTM₹5,730.3 CrTTM-Consolidated Results
Price/Earnings56.80xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ADANI ENTERPRISES

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 ADANI ENTERPRISES is calculated as :

Current Market Cap [ ₹325,507.5 Cr] as on Nov 19,2024

(/) Earnings [ ₹5,730.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 56.80x ]

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

Thus, for ADANI ENTERPRISES , the investors are currently willing to pay 56.80 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 ADANI ENTERPRISES !

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 ADANI ENTERPRISES over the last five years.

Historical PE (Price/Earnings) ratio chart of ADANI ENTERPRISES


PE Ratio Performance Analysis for ADANI ENTERPRISES

- ADANI ENTERPRISES 's latest p/e ratio is 56.80x.

- ADANI ENTERPRISES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 122.93x.

- ADANI ENTERPRISES 's operated at median p/e ratio of 112.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ADANI ENTERPRISES 's p/e ratio peaked in Mar2022 at 285.47x.

- ADANI ENTERPRISES 's p/e ratio hit its five-year low in Mar2020 of 13.29x.


How does ADANI ENTERPRISES 's P/E Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ADANI ENTERPRISES 5,730.2856.80325,507.5
REDINGTON LTD1,171.6912.9415,162.5
HONASA CONSUMER LTD78.06109.758,567.2
MMTC LTD124.4990.4711,262.0
MSTC LTD208.0220.904,347.2
LLOYDS ENTERPRISES LTD185.7931.475,846.7
VERITAS (INDIA) LTD204.8411.582,371.8
NOVARTIS INDIA LTD87.4028.902,525.6
OPTIEMUS INFRACOM LTD62.3482.295,129.5
MISHTANN FOODS LTD9.86154.181,519.4
SIRCA PAINTS INDIA LTD46.5139.291,827.3

Trading Industry Benchmark (Top 10) PE Analysis vs ADANI ENTERPRISES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.58x
Max industry PE 154.18x
Median industry PE 39.29x
Average industry PE 58.05x



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