ORIENT GREEN POWER COMPANY
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The Current P/E Ratio of ORIENT GREEN POWER COMPANY is 78.94.
Share Price | ₹17.9 | Dec 03,2024 |
Market Cap | ₹2,097.3 Cr | |
Earnings-TTM | ₹26.6 Cr | TTM-Consolidated Results |
Price/Earnings | 78.94x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ORIENT GREEN POWER COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ORIENT GREEN POWER COMPANY | 26.57 | 78.94 | 2,097.3 |
NTPC LTD | 17,934.30 | 19.87 | 356,352.0 |
ADANI GREEN ENERGY LTD | 1,269.00 | 163.83 | 207,896.0 |
POWER GRID CORPORATION OF INDIA LTD | 15,645.50 | 19.60 | 306,687.0 |
ADANI POWER LTD | 12,685.50 | 16.55 | 209,914.0 |
TATA POWER COMPANY LTD | 3,303.55 | 41.48 | 137,016.0 |
ADANI ENERGY SOLUTIONS LTD | 315.71 | 305.09 | 96,318.8 |
NHPC LTD | 2,943.52 | 27.97 | 82,339.1 |
JSW ENERGY LTD | 1,967.75 | 57.13 | 112,408.0 |
TORRENT POWER LTD | 2,313.23 | 35.28 | 81,618.3 |
SJVN LTD | 1,009.57 | 45.66 | 46,096.5 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs ORIENT GREEN POWER COMPANY 's P/E Ratio
Top 10 Industry Peers | PE 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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