RELIANCE POWER
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The Current P/E Ratio of RELIANCE POWER is 14.30.
Share Price | ₹39.1 | Dec 03,2024 |
Market Cap | ₹15,714.5 Cr | |
Earnings-TTM | ₹1,098.8 Cr | TTM-Consolidated Results |
Price/Earnings | 14.30x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RELIANCE POWER
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
RELIANCE POWER | 1,098.78 | 14.30 | 15,714.5 |
NTPC LTD | 17,934.30 | 19.87 | 356,352.0 |
ADANI GREEN ENERGY LTD | 1,269.00 | 163.83 | 207,896.0 |
POWER GRID CORPORATION OF INDIA LTD | 15,645.50 | 19.60 | 306,687.0 |
ADANI POWER LTD | 12,685.50 | 16.55 | 209,914.0 |
TATA POWER COMPANY LTD | 3,303.55 | 41.48 | 137,016.0 |
ADANI ENERGY SOLUTIONS LTD | 315.71 | 305.09 | 96,318.8 |
NHPC LTD | 2,943.52 | 27.97 | 82,339.1 |
JSW ENERGY LTD | 1,967.75 | 57.13 | 112,408.0 |
TORRENT POWER LTD | 2,313.23 | 35.28 | 81,618.3 |
SJVN LTD | 1,009.57 | 45.66 | 46,096.5 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs RELIANCE POWER 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 14.30x |
Max industry PE | 305.09x |
Median industry PE | 35.28x |
Average industry PE | 67.89x |
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