Home > PE Ratio > NMDC

NMDC
PE (Price/Earnings) Ratio

The Current P/E Ratio of NMDC is 10.72.

Share Price ₹221.2Nov 19,2024
Market Cap ₹64,810.2 Cr
Earnings-TTM₹6,045.4 CrTTM-Consolidated Results
Price/Earnings10.72xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for NMDC
Please provide your vote to see the results
NMDC is part of below Screeners ↓
Top Mid Cap Stocks with Best Fundamentals

Definition & Calculation of PE (Price/Earnings) ratio of NMDC

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 NMDC is calculated as :

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 ]

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

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 latest p/e ratio is 10.72x.

- 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 RatioMarket Cap
NMDC 6,045.3610.7264,810.2
COAL INDIA LTD34,369.907.28250,299.0
KIOCL LTD-123.81-171.3921,219.6
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD634.9216.1010,225.3
SANDUR MANGANESE & IRON ORES LTD351.0319.516,848.4
MOIL LTD347.5616.875,863.4
ASHAPURA MINECHEM LTD192.6912.352,379.6
RAGHAV PRODUCTIVITY ENHANCERS LTD30.92117.153,621.9
20 MICRONS LTD59.3813.22785.1

Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs NMDC 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -171.39x
Max industry PE 117.15x
Median industry PE 13.22x
Average industry PE 4.65x



You may also like the below Video Courses