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MAHANAGAR TELEPHONE NIGAM
PE (Price/Earnings) Ratio

The Current P/E Ratio of MAHANAGAR TELEPHONE NIGAM is -0.84.

Share Price ₹44.0Nov 19,2024
Market Cap ₹2,772.0 Cr
Earnings-TTM₹-3,288.3 CrTTM-Consolidated Results
Price/Earnings-0.84xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MAHANAGAR TELEPHONE NIGAM

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 MAHANAGAR TELEPHONE NIGAM is calculated as :

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 ]

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

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 latest p/e ratio is -0.84x.

- 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 RatioMarket Cap
MAHANAGAR TELEPHONE NIGAM -3,288.34-0.842,772.0
BHARTI AIRTEL LTD10,296.4090.21928,789.0
INDUS TOWERS LTD7,543.0011.4886,624.1
VODAFONE IDEA LTD-28,264.60-1.7549,556.6
TATA COMMUNICATIONS LTD909.1454.4449,495.9
TATA TELESERVICES (MAHARASHTRA) LTD-1,270.82-10.5313,381.5
RAILTEL CORPORATION OF INDIA LTD201.6259.5712,011.1
HATHWAY CABLE & DATACOM LTD78.7641.203,244.6
RELIANCE COMMUNICATIONS LTD-123.00-4.34533.8
GTL LTD162.251.17189.5

Telecommunication - Service Provider Industry Benchmark (Top 10) PE Analysis vs MAHANAGAR TELEPHONE NIGAM 's P/E Ratio

Top 10 Industry PeersPE 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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