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RELIANCE COMMUNICATIONS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RELIANCE COMMUNICATIONS is -3.43.

Share Price ₹1.8Feb 24,2025
Market Cap ₹497.8 Cr
Earnings-TTM₹-145.0 CrTTM-Consolidated Results
Price/Earnings-3.43xCalculated as Market Cap/Earnings
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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 [ ₹497.8 Cr] as on Feb 24,2025

(/) Earnings [ ₹-145.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -3.43x ]

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 -3.43 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 -3.43x.

- 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 -145.00-3.43497.8
BHARTI AIRTEL LTD22,598.1044.271,000,460.0
INDUS TOWERS LTD10,005.708.7487,441.9
BHARTI HEXACOM LTD1,247.8050.0062,387.5
VODAFONE IDEA LTD-27,889.10-2.0256,471.9
TATA COMMUNICATIONS LTD1,113.3935.9740,045.4
TATA TELESERVICES (MAHARASHTRA) LTD-1,278.24-9.7812,497.8
RAILTEL CORPORATION OF INDIA LTD263.8937.409,870.5
MAHANAGAR TELEPHONE NIGAM LTD-3,284.97-0.872,856.4
HATHWAY CABLE & DATACOM LTD75.1132.782,462.2
GTL LTD116.601.23143.6

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

Top 10 Industry PeersPE Ratio
Min industry PE -9.78x
Max industry PE 50.00x
Median industry PE 8.74x
Average industry PE 17.66x



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