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VEDANTA
PE (Price/Earnings) Ratio

The Current P/E Ratio of VEDANTA is 21.83.

Share Price ₹442.5May 17,2024
Market Cap ₹164,486.1 Cr
Earnings-TTM₹7,534.0 CrTTM-Consolidated Results
Price/Earnings21.83xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VEDANTA

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 VEDANTA is calculated as :

Current Market Cap [ ₹164,486.1 Cr] as on May 17,2024

(/) Earnings [ ₹7,534.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 21.83x ]

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

Thus, for VEDANTA , the investors are currently willing to pay 21.83 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 latest p/e ratio is 21.83x.

- 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 RatioMarket Cap
VEDANTA 7,534.0021.83164,486.1
HINDUSTAN ZINC LTD7,759.0032.09249,019.0
HINDALCO INDUSTRIES LTD9,387.0015.69147,260.0
HINDUSTAN COPPER LTD303.15122.5237,143.4
GRAVITA INDIA LTD242.2827.376,630.8
SHIVALIK BIMETAL CONTROLS LTD78.1338.583,013.9
BHARAT WIRE ROPES LTD96.3419.191,849.0
RAM RATNA WIRES LTD54.2930.701,666.9
NILE LTD33.6311.71393.9
RAJNANDINI METAL LTD15.2420.95319.3
SHERA ENERGY LTD12.4634.33427.7

Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs VEDANTA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.71x
Max industry PE 122.52x
Median industry PE 27.37x
Average industry PE 34.09x



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