MAHANAGAR TELEPHONE NIGAM
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The Current P/E Ratio of MAHANAGAR TELEPHONE NIGAM is -0.84.
Share Price | ₹44.0 | Nov 19,2024 |
Market Cap | ₹2,772.0 Cr | |
Earnings-TTM | ₹-3,288.3 Cr | TTM-Consolidated Results |
Price/Earnings | -0.84x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MAHANAGAR TELEPHONE NIGAM
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,772.0 Cr] as on Nov 19,2024
(/) Earnings [ ₹-3,288.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -0.84x ]
Thus, for MAHANAGAR TELEPHONE NIGAM , the investors are currently willing to pay -0.84 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 MAHANAGAR TELEPHONE NIGAM !
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 MAHANAGAR TELEPHONE NIGAM over the last five years.
Historical PE (Price/Earnings) ratio chart of MAHANAGAR TELEPHONE NIGAM
PE Ratio Performance Analysis for MAHANAGAR TELEPHONE NIGAM
- MAHANAGAR TELEPHONE NIGAM 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.
- MAHANAGAR TELEPHONE NIGAM 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MAHANAGAR TELEPHONE NIGAM 's p/e ratio peaked in Mar2024 at 0x.
- MAHANAGAR TELEPHONE NIGAM 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does MAHANAGAR TELEPHONE NIGAM 's P/E Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?
Peer Comparison (Telecommunication - Service Provider Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MAHANAGAR TELEPHONE NIGAM | -3,288.34 | -0.84 | 2,772.0 |
BHARTI AIRTEL LTD | 10,296.40 | 90.21 | 928,789.0 |
INDUS TOWERS LTD | 7,543.00 | 11.48 | 86,624.1 |
VODAFONE IDEA LTD | -28,264.60 | -1.75 | 49,556.6 |
TATA COMMUNICATIONS LTD | 909.14 | 54.44 | 49,495.9 |
TATA TELESERVICES (MAHARASHTRA) LTD | -1,270.82 | -10.53 | 13,381.5 |
RAILTEL CORPORATION OF INDIA LTD | 201.62 | 59.57 | 12,011.1 |
HATHWAY CABLE & DATACOM LTD | 78.76 | 41.20 | 3,244.6 |
RELIANCE COMMUNICATIONS LTD | -123.00 | -4.34 | 533.8 |
GTL LTD | 162.25 | 1.17 | 189.5 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PE Analysis vs MAHANAGAR TELEPHONE NIGAM 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -10.53x |
Max industry PE | 90.21x |
Median industry PE | 11.48x |
Average industry PE | 24.06x |
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