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HINDALCO INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDALCO INDUSTRIES is 9.71.

Share Price ₹600.0Apr 04,2025
Market Cap ₹134,820.8 Cr
Earnings-TTM₹13,890.0 CrTTM-Consolidated Results
Price/Earnings9.71xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HINDALCO INDUSTRIES

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 HINDALCO INDUSTRIES is calculated as :

Current Market Cap [ ₹134,820.8 Cr] as on Apr 04,2025

(/) Earnings [ ₹13,890.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 9.71x ]

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

Thus, for HINDALCO INDUSTRIES , the investors are currently willing to pay 9.71 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 HINDALCO INDUSTRIES !

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 HINDALCO INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of HINDALCO INDUSTRIES


PE Ratio Performance Analysis for HINDALCO INDUSTRIES

- HINDALCO INDUSTRIES 's latest p/e ratio is 9.71x.

- HINDALCO INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 11.37x.

- HINDALCO INDUSTRIES 's operated at median p/e ratio of 9.21x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDALCO INDUSTRIES 's p/e ratio peaked in Mar2021 at 20.83x.

- HINDALCO INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 5.64x.


How does HINDALCO INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HINDALCO INDUSTRIES 13,890.009.71134,820.8
HINDUSTAN ZINC LTD9,388.0019.22180,442.0
VEDANTA LTD17,847.008.80157,041.0
HINDUSTAN COPPER LTD402.6949.0419,746.6
GRAVITA INDIA LTD287.4044.2512,717.6
SHIVALIK BIMETAL CONTROLS LTD78.6830.962,435.8
RAM RATNA WIRES LTD71.4332.822,343.9
PONDY OXIDES & CHEMICALS LTD53.4032.481,734.2
BHARAT WIRE ROPES LTD96.3413.791,328.9
NILE LTD32.7013.77450.2
POCL ENTERPRISES LTD28.6522.53645.4

Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs HINDALCO INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 8.80x
Max industry PE 49.04x
Median industry PE 22.53x
Average industry PE 25.21x



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