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TORRENT POWER
PE (Price/Earnings) Ratio

The Current P/E Ratio of TORRENT POWER is 32.38.

Share Price ₹1,558.3Nov 14,2024
Market Cap ₹74,891.9 Cr
Earnings-TTM₹2,313.2 CrTTM-Consolidated Results
Price/Earnings32.38xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TORRENT 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 TORRENT POWER is calculated as :

Current Market Cap [ ₹74,891.9 Cr] as on Nov 14,2024

(/) Earnings [ ₹2,313.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 32.38x ]

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

Thus, for TORRENT POWER , the investors are currently willing to pay 32.38 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 TORRENT 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 TORRENT POWER over the last five years.

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


PE Ratio Performance Analysis for TORRENT POWER

- TORRENT POWER 's latest p/e ratio is 32.38x.

- TORRENT POWER 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 25.27x.

- TORRENT POWER 's operated at median p/e ratio of 15.78x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TORRENT POWER 's p/e ratio peaked in Mar2022 at 52.08x.

- TORRENT POWER 's p/e ratio hit its five-year low in Mar2020 of 11.42x.


How does TORRENT 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
TORRENT POWER 2,313.2332.3874,891.9
NTPC LTD17,934.3020.14361,201.0
ADANI GREEN ENERGY LTD1,269.00186.03236,068.0
POWER GRID CORPORATION OF INDIA LTD15,645.5018.56290,365.0
ADANI POWER LTD12,685.5016.70211,881.0
TATA POWER COMPANY LTD3,303.5539.14129,299.0
ADANI ENERGY SOLUTIONS LTD315.71333.85105,401.0
NHPC LTD2,943.5226.7478,722.9
JSW ENERGY LTD1,967.7565.07128,033.0
SJVN LTD1,009.5740.4240,810.9
NLC INDIA LTD1,916.8816.8032,211.6

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

Top 10 Industry PeersPE Ratio
Min industry PE 16.70x
Max industry PE 333.85x
Median industry PE 32.38x
Average industry PE 72.35x



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