HINDUSTAN ZINC
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The Current P/E Ratio of HINDUSTAN ZINC is 31.76.
Share Price | ₹583.3 | May 16,2024 |
Market Cap | ₹246,440.6 Cr | |
Earnings-TTM | ₹7,759.0 Cr | TTM-Consolidated Results |
Price/Earnings | 31.76x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN ZINC
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹246,440.6 Cr] as on May 16,2024
(/) Earnings [ ₹7,759.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 31.76x ]
Thus, for HINDUSTAN ZINC , the investors are currently willing to pay 31.76 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 HINDUSTAN ZINC !
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 HINDUSTAN ZINC over the last five years.
Historical PE (Price/Earnings) ratio chart of HINDUSTAN ZINC
PE Ratio Performance Analysis for HINDUSTAN ZINC
- HINDUSTAN ZINC 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 13.27x.
- HINDUSTAN ZINC 's operated at median p/e ratio of 13.59x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, HINDUSTAN ZINC 's p/e ratio peaked in Mar2021 at 14.44x.
- HINDUSTAN ZINC 's p/e ratio hit its five-year low in Mar2023 of 11.79x.
How does HINDUSTAN ZINC 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?
Peer Comparison (Metal - Non Ferrous Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HINDUSTAN ZINC | 7,759.00 | 31.76 | 246,440.6 |
HINDALCO INDUSTRIES LTD | 9,387.00 | 15.63 | 146,754.0 |
VEDANTA LTD | 7,534.00 | 21.37 | 161,029.0 |
HINDUSTAN COPPER LTD | 303.15 | 120.50 | 36,529.3 |
GRAVITA INDIA LTD | 242.28 | 26.76 | 6,483.7 |
SHIVALIK BIMETAL CONTROLS LTD | 78.13 | 39.32 | 3,072.3 |
BHARAT WIRE ROPES LTD | 96.34 | 18.95 | 1,825.2 |
RAM RATNA WIRES LTD | 54.29 | 31.05 | 1,686.1 |
NILE LTD | 33.63 | 11.86 | 398.9 |
RAJNANDINI METAL LTD | 15.24 | 20.86 | 318.0 |
SHERA ENERGY LTD | 12.46 | 34.20 | 426.1 |
Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN ZINC 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.86x |
Max industry PE | 120.50x |
Median industry PE | 26.76x |
Average industry PE | 33.84x |
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