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HINDALCO INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDALCO INDUSTRIES is 10.93.

Share Price ₹607.5Feb 07,2025
Market Cap ₹136,506.2 Cr
Earnings-TTM₹12,486.0 CrTTM-Consolidated Results
Price/Earnings10.93xCalculated 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 [ ₹136,506.2 Cr] as on Feb 07,2025

(/) Earnings [ ₹12,486.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 10.93x ]

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 10.93 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 10.93x.

- 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 12,486.0010.93136,506.2
HINDUSTAN ZINC LTD9,388.0019.81185,999.0
VEDANTA LTD17,847.009.98178,138.0
HINDUSTAN COPPER LTD402.8258.6423,619.6
GRAVITA INDIA LTD287.4051.4314,781.2
SHIVALIK BIMETAL CONTROLS LTD76.7538.852,981.6
BHARAT WIRE ROPES LTD96.3412.481,202.7
RAM RATNA WIRES LTD71.4334.812,486.2
NILE LTD34.4114.01482.0
RAJNANDINI METAL LTD-2.08-106.47221.5
SHERA ENERGY LTD19.1220.50392.0

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

Top 10 Industry PeersPE Ratio
Min industry PE -106.47x
Max industry PE 58.64x
Median industry PE 19.81x
Average industry PE 15.00x



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