TATA POWER COMPANY
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The Current P/E Ratio of TATA POWER COMPANY is 41.47.
Share Price | ₹428.8 | Dec 03,2024 |
Market Cap | ₹137,014.5 Cr | |
Earnings-TTM | ₹3,303.6 Cr | TTM-Consolidated Results |
Price/Earnings | 41.47x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of TATA POWER COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹137,014.5 Cr] as on Dec 03,2024
(/) Earnings [ ₹3,303.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 41.47x ]
Thus, for TATA POWER COMPANY , the investors are currently willing to pay 41.47 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 TATA POWER COMPANY !
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 TATA POWER COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of TATA POWER COMPANY
PE Ratio Performance Analysis for TATA POWER COMPANY
- TATA POWER COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 26.82x.
- TATA POWER COMPANY 's operated at median p/e ratio of 29.25x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA POWER COMPANY 's p/e ratio peaked in Mar2022 at 43.82x.
- TATA POWER COMPANY 's p/e ratio hit its five-year low in Mar2020 of 8.73x.
How does TATA POWER COMPANY '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 |
---|---|---|---|
TATA POWER COMPANY | 3,303.55 | 41.47 | 137,014.5 |
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 |
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 |
NLC INDIA LTD | 1,916.88 | 19.09 | 36,586.4 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs TATA POWER COMPANY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.55x |
Max industry PE | 305.09x |
Median industry PE | 35.28x |
Average industry PE | 68.32x |
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