RELIANCE COMMUNICATIONS
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The Current P/E Ratio of RELIANCE COMMUNICATIONS is -2.96.
Share Price | ₹1.6 | Apr 01,2025 |
Market Cap | ₹428.7 Cr | |
Earnings-TTM | ₹-145.0 Cr | TTM-Consolidated Results |
Price/Earnings | -2.96x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RELIANCE COMMUNICATIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹428.7 Cr] as on Apr 01,2025
(/) Earnings [ ₹-145.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -2.96x ]
Thus, for RELIANCE COMMUNICATIONS , the investors are currently willing to pay -2.96 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 RELIANCE COMMUNICATIONS !
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 RELIANCE COMMUNICATIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of RELIANCE COMMUNICATIONS
PE Ratio Performance Analysis for RELIANCE COMMUNICATIONS
- RELIANCE COMMUNICATIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.
- RELIANCE COMMUNICATIONS '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, RELIANCE COMMUNICATIONS 's p/e ratio peaked in Mar2024 at 0x.
- RELIANCE COMMUNICATIONS 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does RELIANCE COMMUNICATIONS 's P/E Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?
Peer Comparison (Telecommunication - Service Provider Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RELIANCE COMMUNICATIONS | -145.00 | -2.96 | 428.7 |
BHARTI AIRTEL LTD | 22,598.10 | 46.49 | 1,050,610.0 |
INDUS TOWERS LTD | 10,005.70 | 9.30 | 93,021.6 |
BHARTI HEXACOM LTD | 1,247.80 | 58.99 | 73,602.5 |
VODAFONE IDEA LTD | -27,889.10 | -2.07 | 57,828.4 |
TATA COMMUNICATIONS LTD | 1,113.39 | 40.43 | 45,018.6 |
TATA TELESERVICES (MAHARASHTRA) LTD | -1,278.24 | -9.12 | 11,653.3 |
RAILTEL CORPORATION OF INDIA LTD | 263.89 | 36.66 | 9,673.1 |
MAHANAGAR TELEPHONE NIGAM LTD | -3,284.97 | -0.87 | 2,865.9 |
HATHWAY CABLE & DATACOM LTD | 75.11 | 31.72 | 2,382.6 |
GTL LTD | 116.60 | 1.14 | 133.2 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PE Analysis vs RELIANCE COMMUNICATIONS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -9.12x |
Max industry PE | 58.99x |
Median industry PE | 9.30x |
Average industry PE | 19.06x |
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