VEDANTA
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The Current P/E Ratio of VEDANTA is 10.94.
Share Price | ₹443.3 | Nov 19,2024 |
Market Cap | ₹173,328.5 Cr | |
Earnings-TTM | ₹15,839.0 Cr | TTM-Consolidated Results |
Price/Earnings | 10.94x | 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 [ ₹173,328.5 Cr] as on Nov 19,2024
(/) Earnings [ ₹15,839.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 10.94x ]
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 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 Ratio | Market Cap |
---|---|---|---|
VEDANTA | 15,839.00 | 10.94 | 173,328.5 |
HINDUSTAN ZINC LTD | 8,738.00 | 23.78 | 207,780.0 |
HINDALCO INDUSTRIES LTD | 12,486.00 | 11.53 | 143,946.0 |
HINDUSTAN COPPER LTD | 402.82 | 63.17 | 25,447.2 |
GRAVITA INDIA LTD | 270.81 | 53.29 | 14,432.7 |
SHIVALIK BIMETAL CONTROLS LTD | 76.75 | 43.67 | 3,351.7 |
BHARAT WIRE ROPES LTD | 96.34 | 15.85 | 1,527.1 |
RAM RATNA WIRES LTD | 64.15 | 40.74 | 2,613.8 |
NILE LTD | 34.41 | 18.10 | 622.9 |
RAJNANDINI METAL LTD | 9.41 | 27.18 | 255.7 |
SHERA ENERGY LTD | 15.40 | 32.44 | 499.6 |
Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs VEDANTA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.94x |
Max industry PE | 63.17x |
Median industry PE | 27.18x |
Average industry PE | 30.97x |
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