RELIANCE COMMUNICATIONS
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The Current P/E Ratio of RELIANCE COMMUNICATIONS is -4.14.
Share Price | ₹1.8 | Nov 25,2024 |
Market Cap | ₹508.9 Cr | |
Earnings-TTM | ₹-123.0 Cr | TTM-Consolidated Results |
Price/Earnings | -4.14x | 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 [ ₹508.9 Cr] as on Nov 25,2024
(/) Earnings [ ₹-123.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -4.14x ]
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 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 | -4.14 | 508.9 |
BHARTI AIRTEL LTD | 10,296.40 | 93.29 | 960,517.0 |
INDUS TOWERS LTD | 7,543.00 | 12.23 | 92,282.9 |
VODAFONE IDEA LTD | -28,264.60 | -2.06 | 58,199.4 |
TATA COMMUNICATIONS LTD | 909.14 | 55.27 | 50,249.8 |
TATA TELESERVICES (MAHARASHTRA) LTD | -1,270.82 | -12.69 | 16,122.3 |
RAILTEL CORPORATION OF INDIA LTD | 201.62 | 65.09 | 13,123.2 |
HATHWAY CABLE & DATACOM LTD | 78.76 | 38.23 | 3,011.0 |
MAHANAGAR TELEPHONE NIGAM LTD | -3,288.34 | -0.93 | 3,066.8 |
GTL LTD | 162.25 | 1.26 | 204.5 |
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 | -12.69x |
Max industry PE | 93.29x |
Median industry PE | 12.23x |
Average industry PE | 24.56x |
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