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ORIENT GREEN POWER COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of ORIENT GREEN POWER COMPANY is 78.94.

Share Price ₹17.9Dec 03,2024
Market Cap ₹2,097.3 Cr
Earnings-TTM₹26.6 CrTTM-Consolidated Results
Price/Earnings78.94xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ORIENT GREEN POWER COMPANY

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 ORIENT GREEN POWER COMPANY is calculated as :

Current Market Cap [ ₹2,097.3 Cr] as on Dec 03,2024

(/) Earnings [ ₹26.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 78.94x ]

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

Thus, for ORIENT GREEN POWER COMPANY , the investors are currently willing to pay 78.94 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 ORIENT GREEN POWER COMPANY !

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 ORIENT GREEN POWER COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of ORIENT GREEN POWER COMPANY


PE Ratio Performance Analysis for ORIENT GREEN POWER COMPANY

- ORIENT GREEN POWER COMPANY 's latest p/e ratio is 78.94x.

- ORIENT GREEN POWER COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 20.13x.

- ORIENT GREEN POWER COMPANY 's operated at median p/e ratio of 19.23x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ORIENT GREEN POWER COMPANY 's p/e ratio peaked in Mar2024 at 50.47x.

- ORIENT GREEN POWER COMPANY 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does ORIENT GREEN POWER COMPANY 's P/E Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ORIENT GREEN POWER COMPANY 26.5778.942,097.3
NTPC LTD17,934.3019.87356,352.0
ADANI GREEN ENERGY LTD1,269.00163.83207,896.0
POWER GRID CORPORATION OF INDIA LTD15,645.5019.60306,687.0
ADANI POWER LTD12,685.5016.55209,914.0
TATA POWER COMPANY LTD3,303.5541.48137,016.0
ADANI ENERGY SOLUTIONS LTD315.71305.0996,318.8
NHPC LTD2,943.5227.9782,339.1
JSW ENERGY LTD1,967.7557.13112,408.0
TORRENT POWER LTD2,313.2335.2881,618.3
SJVN LTD1,009.5745.6646,096.5

Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs ORIENT GREEN POWER COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 16.55x
Max industry PE 305.09x
Median industry PE 41.48x
Average industry PE 73.76x



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