RATTANINDIA POWER
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The Current P/E Ratio of RATTANINDIA POWER is 0.69.
Share Price | ₹13.0 | Nov 19,2024 |
Market Cap | ₹6,970.4 Cr | |
Earnings-TTM | ₹10,170.4 Cr | TTM-Consolidated Results |
Price/Earnings | 0.69x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RATTANINDIA POWER
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹6,970.4 Cr] as on Nov 19,2024
(/) Earnings [ ₹10,170.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 0.69x ]
Thus, for RATTANINDIA POWER , the investors are currently willing to pay 0.69 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 RATTANINDIA POWER !
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 RATTANINDIA POWER over the last five years.
Historical PE (Price/Earnings) ratio chart of RATTANINDIA POWER
PE Ratio Performance Analysis for RATTANINDIA POWER
- RATTANINDIA POWER 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.90x.
- RATTANINDIA POWER 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RATTANINDIA POWER 's p/e ratio peaked in Mar2020 at 4x.
- RATTANINDIA POWER 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does RATTANINDIA POWER '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 |
---|---|---|---|
RATTANINDIA POWER | 10,170.40 | 0.69 | 6,970.4 |
NTPC LTD | 17,934.30 | 19.79 | 354,995.0 |
ADANI GREEN ENERGY LTD | 1,269.00 | 143.10 | 181,593.0 |
POWER GRID CORPORATION OF INDIA LTD | 15,645.50 | 18.73 | 293,016.0 |
ADANI POWER LTD | 12,685.50 | 14.48 | 183,648.0 |
TATA POWER COMPANY LTD | 3,303.55 | 39.47 | 130,402.0 |
ADANI ENERGY SOLUTIONS LTD | 315.71 | 265.48 | 83,813.5 |
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 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs RATTANINDIA POWER 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 0.69x |
Max industry PE | 265.48x |
Median industry PE | 32.85x |
Average industry PE | 60.54x |
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