VEDANTA
|
The Current P/E Ratio of VEDANTA is 22.19.
Share Price | ₹449.8 | May 31,2024 |
Market Cap | ₹167,199.7 Cr | |
Earnings-TTM | ₹7,534.0 Cr | TTM-Consolidated Results |
Price/Earnings | 22.19x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VEDANTA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹167,199.7 Cr] as on May 31,2024
(/) Earnings [ ₹7,534.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.19x ]
Thus, for VEDANTA , the investors are currently willing to pay 22.19 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 VEDANTA !
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 VEDANTA over the last five years.
Historical PE (Price/Earnings) ratio chart of VEDANTA
PE Ratio Performance Analysis for VEDANTA
- VEDANTA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.93x.
- VEDANTA 's operated at median p/e ratio of 7.98x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VEDANTA 's p/e ratio peaked in Mar2019 at 9.68x.
- VEDANTA 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does VEDANTA 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?
Peer Comparison (Metal - Non Ferrous Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VEDANTA | 7,534.00 | 22.19 | 167,199.7 |
HINDUSTAN ZINC LTD | 7,759.00 | 37.41 | 290,279.0 |
HINDALCO INDUSTRIES LTD | 10,153.00 | 15.26 | 154,889.0 |
HINDUSTAN COPPER LTD | 295.73 | 116.34 | 34,406.7 |
GRAVITA INDIA LTD | 242.28 | 30.59 | 7,411.6 |
SHIVALIK BIMETAL CONTROLS LTD | 80.94 | 36.03 | 2,915.9 |
BHARAT WIRE ROPES LTD | 96.34 | 19.37 | 1,865.6 |
RAM RATNA WIRES LTD | 54.29 | 28.72 | 1,559.6 |
NILE LTD | 33.63 | 10.08 | 339.0 |
RAJNANDINI METAL LTD | 15.24 | 19.41 | 295.8 |
SHERA ENERGY LTD | 12.46 | 32.95 | 410.7 |
Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs VEDANTA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.08x |
Max industry PE | 116.34x |
Median industry PE | 28.72x |
Average industry PE | 33.49x |
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