Home > PE Ratio > VEDANTA

VEDANTA
PE (Price/Earnings) Ratio

The Current P/E Ratio of VEDANTA is 10.94.

Share Price ₹443.3Nov 19,2024
Market Cap ₹173,328.5 Cr
Earnings-TTM₹15,839.0 CrTTM-Consolidated Results
Price/Earnings10.94xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for VEDANTA
Please provide your vote to see the results
VEDANTA is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals

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 [ ₹173,328.5 Cr] as on Nov 19,2024

(/) Earnings [ ₹15,839.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 10.94x ]

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 10.94 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 10.94x.

- VEDANTA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.76x.

- 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 Mar2024 at 23.84x.

- 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 15,839.0010.94173,328.5
HINDUSTAN ZINC LTD8,738.0023.78207,780.0
HINDALCO INDUSTRIES LTD12,486.0011.53143,946.0
HINDUSTAN COPPER LTD402.8263.1725,447.2
GRAVITA INDIA LTD270.8153.2914,432.7
SHIVALIK BIMETAL CONTROLS LTD76.7543.673,351.7
BHARAT WIRE ROPES LTD96.3415.851,527.1
RAM RATNA WIRES LTD64.1540.742,613.8
NILE LTD34.4118.10622.9
RAJNANDINI METAL LTD9.4127.18255.7
SHERA ENERGY LTD15.4032.44499.6

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

Top 10 Industry PeersPE Ratio
Min industry PE 10.94x
Max industry PE 63.17x
Median industry PE 27.18x
Average industry PE 30.97x



You may also like the below Video Courses