RAVINDRA ENERGY
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The Current P/E Ratio of RAVINDRA ENERGY is -44.14.
Share Price | ₹138.3 | Dec 11,2024 |
Market Cap | ₹2,469.1 Cr | |
Earnings-TTM | ₹-55.9 Cr | TTM-Consolidated Results |
Price/Earnings | -44.14x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAVINDRA ENERGY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,469.1 Cr] as on Dec 11,2024
(/) Earnings [ ₹-55.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -44.14x ]
Thus, for RAVINDRA ENERGY , the investors are currently willing to pay -44.14 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 RAVINDRA ENERGY !
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 RAVINDRA ENERGY over the last five years.
Historical PE (Price/Earnings) ratio chart of RAVINDRA ENERGY
PE Ratio Performance Analysis for RAVINDRA ENERGY
- RAVINDRA ENERGY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 36.03x.
- RAVINDRA ENERGY 's operated at median p/e ratio of 35.14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAVINDRA ENERGY 's p/e ratio peaked in Mar2021 at 75.9x.
- RAVINDRA ENERGY 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does RAVINDRA ENERGY '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 |
---|---|---|---|
RAVINDRA ENERGY | -55.94 | -44.14 | 2,469.1 |
NTPC LTD | 17,934.30 | 19.76 | 354,462.0 |
ADANI GREEN ENERGY LTD | 1,269.00 | 143.31 | 181,863.0 |
POWER GRID CORPORATION OF INDIA LTD | 15,645.50 | 19.47 | 304,595.0 |
ADANI POWER LTD | 12,685.50 | 15.79 | 200,349.0 |
TATA POWER COMPANY LTD | 3,303.55 | 42.03 | 138,853.0 |
ADANI ENERGY SOLUTIONS LTD | 315.71 | 301.49 | 95,183.6 |
NHPC LTD | 2,943.52 | 29.38 | 86,467.7 |
JSW ENERGY LTD | 1,967.75 | 60.14 | 118,341.0 |
TORRENT POWER LTD | 2,313.23 | 36.34 | 84,073.8 |
SJVN LTD | 1,009.57 | 46.79 | 47,236.1 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs RAVINDRA ENERGY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -44.14x |
Max industry PE | 301.49x |
Median industry PE | 36.34x |
Average industry PE | 60.94x |
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