ADANI GREEN ENERGY
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The Current P/E Ratio of ADANI GREEN ENERGY is 165.33.
Share Price | ₹1,324.6 | Nov 29,2024 |
Market Cap | ₹209,808.7 Cr | |
Earnings-TTM | ₹1,269.0 Cr | TTM-Consolidated Results |
Price/Earnings | 165.33x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ADANI GREEN ENERGY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹209,808.7 Cr] as on Nov 29,2024
(/) Earnings [ ₹1,269.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 165.33x ]
Thus, for ADANI GREEN ENERGY , the investors are currently willing to pay 165.33 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 GREEN ENERGY !
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 GREEN ENERGY over the last five years.
Historical PE (Price/Earnings) ratio chart of ADANI GREEN ENERGY
PE Ratio Performance Analysis for ADANI GREEN ENERGY
- ADANI GREEN ENERGY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 368.38x.
- ADANI GREEN ENERGY 's operated at median p/e ratio of 264.09x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADANI GREEN ENERGY 's p/e ratio peaked in Mar2021 at 822.45x.
- ADANI GREEN ENERGY 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does ADANI GREEN ENERGY '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 |
---|---|---|---|
ADANI GREEN ENERGY | 1,269.00 | 165.33 | 209,808.7 |
NTPC LTD | 17,934.30 | 19.67 | 352,813.0 |
POWER GRID CORPORATION OF INDIA LTD | 15,645.50 | 19.59 | 306,548.0 |
ADANI POWER LTD | 12,685.50 | 16.86 | 213,887.0 |
TATA POWER COMPANY LTD | 3,303.55 | 40.05 | 132,303.0 |
ADANI ENERGY SOLUTIONS LTD | 315.71 | 319.83 | 100,974.0 |
NHPC LTD | 2,943.52 | 27.80 | 81,816.8 |
JSW ENERGY LTD | 1,967.75 | 58.15 | 114,426.0 |
TORRENT POWER LTD | 2,313.23 | 31.39 | 72,618.8 |
SJVN LTD | 1,009.57 | 44.71 | 45,133.7 |
NLC INDIA LTD | 1,916.88 | 18.71 | 35,858.4 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs ADANI GREEN ENERGY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.86x |
Max industry PE | 319.83x |
Median industry PE | 31.39x |
Average industry PE | 69.28x |
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