TORRENT POWER
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The Current P/E Ratio of TORRENT POWER is 32.38.
Share Price | ₹1,558.3 | Nov 14,2024 |
Market Cap | ₹74,891.9 Cr | |
Earnings-TTM | ₹2,313.2 Cr | TTM-Consolidated Results |
Price/Earnings | 32.38x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TORRENT POWER
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
TORRENT POWER | 2,313.23 | 32.38 | 74,891.9 |
NTPC LTD | 17,934.30 | 20.14 | 361,201.0 |
ADANI GREEN ENERGY LTD | 1,269.00 | 186.03 | 236,068.0 |
POWER GRID CORPORATION OF INDIA LTD | 15,645.50 | 18.56 | 290,365.0 |
ADANI POWER LTD | 12,685.50 | 16.70 | 211,881.0 |
TATA POWER COMPANY LTD | 3,303.55 | 39.14 | 129,299.0 |
ADANI ENERGY SOLUTIONS LTD | 315.71 | 333.85 | 105,401.0 |
NHPC LTD | 2,943.52 | 26.74 | 78,722.9 |
JSW ENERGY LTD | 1,967.75 | 65.07 | 128,033.0 |
SJVN LTD | 1,009.57 | 40.42 | 40,810.9 |
NLC INDIA LTD | 1,916.88 | 16.80 | 32,211.6 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs TORRENT POWER 's P/E Ratio
Top 10 Industry Peers | PE 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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