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Reliance Industries Ltd PE Ratio

Reliance Industries Ltd PE Ratio

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₹ 60.1 Cr

Volume Transacted

(Nov 21, 2024)

stocks purchased

491.1 K

Stocks Traded

(Nov 21, 2024)

Last Updated on: Nov 21, 2024

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Reliance Industries Ltd

NSE: RELIANCE

PE

24.4

Last updated on: Nov 21, 2024

Key Highlights

  • The P/E Ratio of Reliance Industries Ltd is 24.4 as of 21 Nov 15:30 PM .
  • The P/E Ratio of Reliance Industries Ltd changed from 20.4 on March 2019 to 28.9 on March 2024 . This represents a CAGR of 5.98% over 6 years.
  • The Latest Trading Price of Reliance Industries Ltd is ₹ 1223 as of 21 Nov 15:30 .
  • The PE Ratio of Refineries Industry has changed from 16.2 to 22.9 in 5 years. This represents a CAGR of 7.17%.
  • The PE Ratio of Automobile industry is 20.2. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.3. The PE Ratio of Refineries industry is 15.6. The PE Ratio of Retail industry is 157.7. The PE Ratio of Textiles industry is 37.6 in 2024.

Historical P/E Ratio of Reliance Industries Ltd

No data available

Company Fundamentals for Reliance Industries Ltd

No data available

Image

Reliance Industries Ltd

NSE: RELIANCE

Share Price

₹ 1223.2

-18.10 (-1.46%)

stock direction

Last updated on: Nov 21, 2024

Market Price of Reliance Industries Ltd

1M

1Y

3Y

5Y

Monitoring Reliance Industries Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
21 Nov 20241223.2
19 Nov 20241241.3
18 Nov 20241260.65
14 Nov 20241267.7
13 Nov 20241252.25
12 Nov 20241273.1
11 Nov 20241273.05
08 Nov 20241284
07 Nov 20241305.65
06 Nov 20241325.55

SWOT Analysis Of Reliance Industries Ltd

Strength

3

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Reliance Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Reliance Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Reliance Industries Ltd

No data available

No data available

PE Ratio of Refineries Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Reliance Industries Ltd

No data available

* All values are in crore

Historical Revenue of Reliance Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Reliance Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Reliance Industries Ltd

No data available

* All values are in crore

Historical Dividend Payout of Reliance Industries Ltd

No data available

* All values are in %

About Reliance Industries Ltd

  • <h2><strong>About Reliance Industries PE Ratio Today</strong></h2><p>Reliance Industries Limited's (RIL) operations include hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail, and digital services.
  • The company's segments include Oil to Chemicals (02C), Oil and Gas, Retail, and Digital Services.
  • It is currently one of the top companies in the&nbsp; oil and refineries sector.
  • Solid financials like Reliance PE ratio show its strong market position.
  • At present the RIL PE ratio is 28.8, reflecting its good performance.</p><h2><strong>Key Highlights of Reliance Industries PE Ratio</strong></h2><ul><li>Currently Reliance PE ratio is 28.8, as of August 2024.</li><li>Over the past six years, the PE of Reliance Industries has increased from 20.4 in March 2019 to 28.9 in March 2024.</li><li>In comparison, the Reliance Industries PE ratio has risen from 16.2 to 22.9 over the last five years, indicating a CAGR of 7.17% as of Aug 2024.</li></ul><h2><strong>Historical PE Ratio of Reliance Industries</strong></h2><p>The following table highlights the historical PE Ratio of Reliance Industries.</p><figure class="table"><table><tbody><tr><td><p style="text-align:center;"><strong>Date</strong></p></td><td><p style="text-align:center;"><strong>P/E Ratio</strong></p></td></tr><tr><td><p style="text-align:center;">Aug’24</p></td><td><p style="text-align:center;">25.68</p></td></tr><tr><td><p style="text-align:center;">Mar’24</p></td><td><p style="text-align:center;">28.39</p></td></tr><tr><td><p style="text-align:center;">Mar’23</p></td><td><p style="text-align:center;">23.65</p></td></tr><tr><td><p style="text-align:center;">Mar’22</p></td><td><p style="text-align:center;">29.35</p></td></tr><tr><td><p style="text-align:center;">Mar’21</p></td><td><p style="text-align:center;">26.28</p></td></tr><tr><td><p style="text-align:center;">Mar’20</p></td><td><p style="text-align:center;">17.75</p></td></tr></tbody></table></figure><h2><strong>P/E Ratio Performance Analysis for Reliance Industries</strong></h2><ul><li>As of the most recent financial reporting period, Reliance Industries is trading at a price-to-earnings (P/E) ratio of 25.68x.&nbsp;&nbsp;</li><li>Over the past five fiscal years, spanning from March 2020 to March 2024, Reliance Industries maintained an average P/E ratio of 25.19x.&nbsp;&nbsp;</li><li>From fiscal years ending March 2018 to 2022, the median P/E ratio for Reliance Industries was 26.28x.&nbsp;&nbsp;</li><li>During the last five fiscal years, Reliance Industries experienced its highest P/E ratio in March 2022, reaching 29.35x.&nbsp;&nbsp;</li><li>Reliance Industries saw its P/E ratio drop to its lowest point of 17.75x in March 2020.&nbsp;&nbsp;</li></ul><p>The current P/E ratio of 25.68x is quite close to the five-year average of 25.19x, indicating a consistent valuation relative to earnings over time.

About Reliance Industries PE Ratio Today

Reliance Industries Limited's (RIL) operations include hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail, and digital services. The company's segments include Oil to Chemicals (02C), Oil and Gas, Retail, and Digital Services. It is currently one of the top companies in the  oil and refineries sector. Solid financials like Reliance PE ratio show its strong market position. At present the RIL PE ratio is 28.8, reflecting its good performance.

Key Highlights of Reliance Industries PE Ratio

  • Currently Reliance PE ratio is 28.8, as of August 2024.
  • Over the past six years, the PE of Reliance Industries has increased from 20.4 in March 2019 to 28.9 in March 2024.
  • In comparison, the Reliance Industries PE ratio has risen from 16.2 to 22.9 over the last five years, indicating a CAGR of 7.17% as of Aug 2024.

Historical PE Ratio of Reliance Industries

The following table highlights the historical PE Ratio of Reliance Industries.

Date

P/E Ratio

Aug’24

25.68

Mar’24

28.39

Mar’23

23.65

Mar’22

29.35

Mar’21

26.28

Mar’20

17.75

P/E Ratio Performance Analysis for Reliance Industries

  • As of the most recent financial reporting period, Reliance Industries is trading at a price-to-earnings (P/E) ratio of 25.68x.  
  • Over the past five fiscal years, spanning from March 2020 to March 2024, Reliance Industries maintained an average P/E ratio of 25.19x.  
  • From fiscal years ending March 2018 to 2022, the median P/E ratio for Reliance Industries was 26.28x.  
  • During the last five fiscal years, Reliance Industries experienced its highest P/E ratio in March 2022, reaching 29.35x.  
  • Reliance Industries saw its P/E ratio drop to its lowest point of 17.75x in March 2020.  

The current P/E ratio of 25.68x is quite close to the five-year average of 25.19x, indicating a consistent valuation relative to earnings over time. A thorough understanding of the company’s PE ratio can help investors with their decision-making. 

Reliance Industries Ltd News Hub

News

Nifty August futures trade at premium

The Nifty August 2024 futures closed at 24,590, a premium of 17.35 points compared with th...

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2024-08-19 00:00:00

News

Reliance Industries schedules AGM

Reliance Industries announced that the Annual General Meeting (AGM) of the company will be...

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2024-08-08 00:00:00

News

Nifty September futures trade at premium

The Nifty September 2024 futures closed at 25,235, a premium of 89.9 points compared with ...

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2024-09-05 00:00:00

News

Reliance Industries to consider bonus Issue

Reliance Industries will hold a meeting of the Board of Directors of the Company on 5 Sept...

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2024-08-29 00:00:00

News

Reliance Ind gains as board to mull 1:1 bonus issue on Sep 5

The meeting will focus on a proposal to issue bonus shares to equity shareholders. The com...

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2024-08-29 00:00:00

Product Composition

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Annual Reports

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Concalls

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FAQs for PE of Reliance Industries Ltd

What is the current PE Ratio of Reliance Industries Ltd?

The Current PE Ratio of Reliance Industries Ltd is 24.37 as on 21 Nov 2024.

What is the average PE Ratio of the Refineries industry?

The average industry PE Ratio of Refineries is 15.6 as on 21 Nov 2024.

What was the PE Ratio of Reliance Industries Ltd last year?

The PE Ratio of Reliance Industries Ltd was 23.65 last year, now the PE ratio is 24.37, showing a year-on-year growth of 3.0%.

What does the PE Ratio of Reliance Industries Ltd indicate about its stock?

The PE Ratio of Reliance Industries Ltd is 24.37. This ratio indicates that investors are willing to pay 24.37 times the earnings per share for each share of Reliance Industries Ltd.

What is the PE Ratio Growth of Reliance Industries Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Reliance Industries Ltd grew by 3.0% whereas, the EPS ratio grew by 9.4.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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