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NMDC
PE (Price/Earnings) Ratio

The Current P/E Ratio of NMDC is 9.56.

Share Price ₹65.8Jan 29,2025
Market Cap ₹57,814.9 Cr
Earnings-TTM₹6,045.4 CrTTM-Consolidated Results
Price/Earnings9.56xCalculated as Market Cap/Earnings
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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 [ ₹57,814.9 Cr] as on Jan 29,2025

(/) Earnings [ ₹6,045.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 9.56x ]

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 9.56 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 9.56x.

- 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 6,045.369.5657,814.9
COAL INDIA LTD33,982.106.88233,845.0
KIOCL LTD-123.81-162.8720,165.2
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD634.9216.1110,228.5
SANDUR MANGANESE & IRON ORES LTD351.0318.046,332.3
MOIL LTD347.5617.626,122.9
ASHAPURA MINECHEM LTD192.6923.944,612.0
RAGHAV PRODUCTIVITY ENHANCERS LTD34.7675.032,608.1
20 MICRONS LTD60.7311.25683.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -162.87x
Max industry PE 75.03x
Median industry PE 16.11x
Average industry PE 1.73x



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