POWER GRID CORPORATION OF INDIA
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The Current P/E Ratio of POWER GRID CORPORATION OF INDIA is 18.73.
Share Price | ₹315.1 | Nov 19,2024 |
Market Cap | ₹293,015.4 Cr | |
Earnings-TTM | ₹15,645.5 Cr | TTM-Consolidated Results |
Price/Earnings | 18.73x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of POWER GRID CORPORATION OF INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹293,015.4 Cr] as on Nov 19,2024
(/) Earnings [ ₹15,645.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 18.73x ]
Thus, for POWER GRID CORPORATION OF INDIA , the investors are currently willing to pay 18.73 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 POWER GRID CORPORATION OF INDIA !
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 POWER GRID CORPORATION OF INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of POWER GRID CORPORATION OF INDIA
PE Ratio Performance Analysis for POWER GRID CORPORATION OF INDIA
- POWER GRID CORPORATION OF INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.89x.
- POWER GRID CORPORATION OF INDIA 's operated at median p/e ratio of 7.66x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, POWER GRID CORPORATION OF INDIA 's p/e ratio peaked in Mar2024 at 16.55x.
- POWER GRID CORPORATION OF INDIA 's p/e ratio hit its five-year low in Mar2020 of 4.23x.
How does POWER GRID CORPORATION OF INDIA '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 |
---|---|---|---|
POWER GRID CORPORATION OF INDIA | 15,645.50 | 18.73 | 293,015.4 |
NTPC LTD | 17,934.30 | 19.79 | 354,995.0 |
ADANI GREEN ENERGY LTD | 1,269.00 | 176.22 | 223,626.0 |
ADANI POWER LTD | 12,685.50 | 15.93 | 202,142.0 |
TATA POWER COMPANY LTD | 3,303.55 | 39.47 | 130,402.0 |
ADANI ENERGY SOLUTIONS LTD | 315.71 | 331.84 | 104,764.0 |
NHPC LTD | 2,943.52 | 27.27 | 80,269.9 |
JSW ENERGY LTD | 1,967.75 | 63.05 | 124,057.0 |
TORRENT POWER LTD | 2,313.23 | 32.85 | 75,999.9 |
SJVN LTD | 1,009.57 | 41.05 | 41,439.7 |
NLC INDIA LTD | 1,916.88 | 17.14 | 32,863.3 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs POWER GRID CORPORATION OF INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 15.93x |
Max industry PE | 331.84x |
Median industry PE | 32.85x |
Average industry PE | 71.21x |
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