HINDUSTAN ZINC
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The Current P/E Ratio of HINDUSTAN ZINC is 23.78.
Share Price | ₹491.8 | Nov 19,2024 |
Market Cap | ₹207,779.1 Cr | |
Earnings-TTM | ₹8,738.0 Cr | TTM-Consolidated Results |
Price/Earnings | 23.78x | 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 [ ₹207,779.1 Cr] as on Nov 19,2024
(/) Earnings [ ₹8,738.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.78x ]
Thus, for HINDUSTAN ZINC , the investors are currently willing to pay 23.78 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 Mar2024 to Mar2021 averaged 13.93x.
- HINDUSTAN ZINC 's operated at median p/e ratio of 14.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, HINDUSTAN ZINC 's p/e ratio peaked in Mar2024 at 15.91x.
- 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 | 8,738.00 | 23.78 | 207,779.1 |
HINDALCO INDUSTRIES LTD | 12,486.00 | 11.53 | 143,946.0 |
VEDANTA LTD | 15,839.00 | 10.94 | 173,328.0 |
HINDUSTAN COPPER LTD | 402.82 | 63.17 | 25,447.2 |
GRAVITA INDIA LTD | 270.81 | 53.29 | 14,432.7 |
SHIVALIK BIMETAL CONTROLS LTD | 76.75 | 43.67 | 3,351.7 |
BHARAT WIRE ROPES LTD | 96.34 | 15.85 | 1,527.1 |
RAM RATNA WIRES LTD | 64.15 | 40.74 | 2,613.8 |
NILE LTD | 34.41 | 18.10 | 622.9 |
RAJNANDINI METAL LTD | 9.41 | 27.18 | 255.7 |
SHERA ENERGY LTD | 15.40 | 32.44 | 499.6 |
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 | 10.94x |
Max industry PE | 63.17x |
Median industry PE | 27.18x |
Average industry PE | 30.97x |
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