NMDC
|
The Current P/E Ratio of NMDC is 10.72.
Share Price | ₹221.2 | Nov 19,2024 |
Market Cap | ₹64,810.2 Cr | |
Earnings-TTM | ₹6,045.4 Cr | TTM-Consolidated Results |
Price/Earnings | 10.72x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NMDC
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹64,810.2 Cr] as on Nov 19,2024
(/) Earnings [ ₹6,045.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 10.72x ]
Thus, for NMDC , the investors are currently willing to pay 10.72 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 NMDC !
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 NMDC over the last five years.
Historical PE (Price/Earnings) ratio chart of NMDC
PE Ratio Performance Analysis for NMDC
- NMDC 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.93x.
- NMDC 's operated at median p/e ratio of 6.31x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NMDC 's p/e ratio peaked in Mar2024 at 10.6x.
- NMDC 's p/e ratio hit its five-year low in Mar2022 of 5.05x.
How does NMDC 's P/E Ratio benchmark against top 10 peers in Mining & Minerals Industry?
Peer Comparison (Mining & Minerals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NMDC | 6,045.36 | 10.72 | 64,810.2 |
COAL INDIA LTD | 34,369.90 | 7.28 | 250,299.0 |
KIOCL LTD | -123.81 | -171.39 | 21,219.6 |
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 634.92 | 16.10 | 10,225.3 |
SANDUR MANGANESE & IRON ORES LTD | 351.03 | 19.51 | 6,848.4 |
MOIL LTD | 347.56 | 16.87 | 5,863.4 |
ASHAPURA MINECHEM LTD | 192.69 | 12.35 | 2,379.6 |
RAGHAV PRODUCTIVITY ENHANCERS LTD | 30.92 | 117.15 | 3,621.9 |
20 MICRONS LTD | 59.38 | 13.22 | 785.1 |
Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs NMDC 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -171.39x |
Max industry PE | 117.15x |
Median industry PE | 13.22x |
Average industry PE | 4.65x |
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