RELIANCE COMMUNICATIONS
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The Current P/E Ratio of RELIANCE COMMUNICATIONS is -3.53.
Share Price | ₹1.6 | Feb 01,2025 |
Market Cap | ₹434.2 Cr | |
Earnings-TTM | ₹-123.0 Cr | TTM-Consolidated Results |
Price/Earnings | -3.53x | 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 [ ₹434.2 Cr] as on Feb 01,2025
(/) Earnings [ ₹-123.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -3.53x ]
Thus, for RELIANCE COMMUNICATIONS , the investors are currently willing to pay -3.53 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 | -123.00 | -3.53 | 434.2 |
BHARTI AIRTEL LTD | 10,296.40 | 96.04 | 988,886.0 |
INDUS TOWERS LTD | 10,005.70 | 9.29 | 92,955.7 |
VODAFONE IDEA LTD | -28,264.60 | -2.43 | 68,608.7 |
TATA COMMUNICATIONS LTD | 1,113.39 | 41.39 | 46,083.1 |
TATA TELESERVICES (MAHARASHTRA) LTD | -1,278.24 | -11.20 | 14,319.8 |
RAILTEL CORPORATION OF INDIA LTD | 201.62 | 60.33 | 12,163.6 |
HATHWAY CABLE & DATACOM LTD | 75.11 | 35.63 | 2,676.4 |
MAHANAGAR TELEPHONE NIGAM LTD | -3,288.34 | -0.88 | 2,908.1 |
GTL LTD | 162.25 | 1.07 | 173.8 |
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 | -11.20x |
Max industry PE | 96.04x |
Median industry PE | 9.29x |
Average industry PE | 22.57x |
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