Home > PE Ratio > RELIANCE COMMUNICATIONS

RELIANCE COMMUNICATIONS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RELIANCE COMMUNICATIONS is -4.14.

Share Price ₹1.8Nov 25,2024
Market Cap ₹508.9 Cr
Earnings-TTM₹-123.0 CrTTM-Consolidated Results
Price/Earnings-4.14xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for RELIANCE COMMUNICATIONS
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of RELIANCE COMMUNICATIONS

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of RELIANCE COMMUNICATIONS is calculated as :

Current Market Cap [ ₹508.9 Cr] as on Nov 25,2024

(/) Earnings [ ₹-123.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -4.14x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for RELIANCE COMMUNICATIONS , the investors are currently willing to pay -4.14 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 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 latest p/e ratio is -4.14x.

- 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 RatioMarket Cap
RELIANCE COMMUNICATIONS -123.00-4.14508.9
BHARTI AIRTEL LTD10,296.4093.29960,517.0
INDUS TOWERS LTD7,543.0012.2392,282.9
VODAFONE IDEA LTD-28,264.60-2.0658,199.4
TATA COMMUNICATIONS LTD909.1455.2750,249.8
TATA TELESERVICES (MAHARASHTRA) LTD-1,270.82-12.6916,122.3
RAILTEL CORPORATION OF INDIA LTD201.6265.0913,123.2
HATHWAY CABLE & DATACOM LTD78.7638.233,011.0
MAHANAGAR TELEPHONE NIGAM LTD-3,288.34-0.933,066.8
GTL LTD162.251.26204.5

Telecommunication - Service Provider Industry Benchmark (Top 10) PE Analysis vs RELIANCE COMMUNICATIONS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -12.69x
Max industry PE 93.29x
Median industry PE 12.23x
Average industry PE 24.56x



You may also like the below Video Courses