Home > PE Ratio > RELIANCE POWER

RELIANCE POWER
PE (Price/Earnings) Ratio

The Current P/E Ratio of RELIANCE POWER is 14.30.

Share Price ₹39.1Dec 03,2024
Market Cap ₹15,714.5 Cr
Earnings-TTM₹1,098.8 CrTTM-Consolidated Results
Price/Earnings14.30xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for RELIANCE POWER
Please provide your vote to see the results

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

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 POWER is calculated as :

Current Market Cap [ ₹15,714.5 Cr] as on Dec 03,2024

(/) Earnings [ ₹1,098.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 14.30x ]

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

Thus, for RELIANCE POWER , the investors are currently willing to pay 14.30 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 POWER !

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 POWER over the last five years.

Historical PE (Price/Earnings) ratio chart of RELIANCE POWER


PE Ratio Performance Analysis for RELIANCE POWER

- RELIANCE POWER 's latest p/e ratio is 14.30x.

- RELIANCE POWER 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.35x.

- RELIANCE POWER '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 POWER 's p/e ratio peaked in Mar2021 at 6.75x.

- RELIANCE POWER 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does RELIANCE POWER 's P/E Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RELIANCE POWER 1,098.7814.3015,714.5
NTPC LTD17,934.3019.87356,352.0
ADANI GREEN ENERGY LTD1,269.00163.83207,896.0
POWER GRID CORPORATION OF INDIA LTD15,645.5019.60306,687.0
ADANI POWER LTD12,685.5016.55209,914.0
TATA POWER COMPANY LTD3,303.5541.48137,016.0
ADANI ENERGY SOLUTIONS LTD315.71305.0996,318.8
NHPC LTD2,943.5227.9782,339.1
JSW ENERGY LTD1,967.7557.13112,408.0
TORRENT POWER LTD2,313.2335.2881,618.3
SJVN LTD1,009.5745.6646,096.5

Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs RELIANCE POWER 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 14.30x
Max industry PE 305.09x
Median industry PE 35.28x
Average industry PE 67.89x



You may also like the below Video Courses