Reliance Industries Ltd P/E Ratio

The P/E Ratio of Reliance Industries Ltd is 27.3 as of 20 May 01:06 AM .a1#The P/E Ratio of Reliance Industries Ltd changed from 20.4 on March 2019 to 23.6 on March 2023 . This represents a CAGR of 2.96% over 5 years. a1#The Latest Trading Price of Reliance Industries Ltd is ₹ 2869 as of 18 May 15:30 .a1#The PE Ratio of Refineries Industry has changed from 16.2 to 22.8 in 5 years. This represents a CAGR of 7.07%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Refineries industry is 22.8. The PE Ratio of Retail industry is 94.8. The PE Ratio of Textiles industry is 21.1. In 2023a1#The Market Cap of Reliance Industries Ltd changed from ₹ 863995 crore on March 2019 to ₹ 1577092 crore on March 2023 . This represents a CAGR of 12.79% over 5 years. a1#The Revenue of Reliance Industries Ltd changed from ₹ 221130 crore to ₹ 241167 crore over 8 quarters. This represents a CAGR of 4.43% a1#The EBITDA of Reliance Industries Ltd changed from ₹ 39973 crore to ₹ 47150 crore over 8 quarters. This represents a CAGR of 8.61% a1#The Net Profit of Reliance Industries Ltd changed from ₹ 19443 crore to ₹ 21243 crore over 8 quarters. This represents a CAGR of 4.53% a1#The Dividend Payout of Reliance Industries Ltd changed from 11.72 % on March 2019 to 13.78 % on March 2023 . This represents a CAGR of 3.29% over 5 years. a1#

The Price-to-Earnings (PE) ratio, used to assess Reliance Industries Ltd's stock (BSE: RELIANCE), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

In 2004, Reliance Industries (RIL) became the first Indian private sector organisation to be listed in the Fortune Global 500 list. The Company is engaged in activities spanning across hydrocarbon exploration and production, Oil to chemicals, retail, digital services and financial services. Reliance Industries' activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and telecommunications. In the year 1995-96, the company entered the telecom industry through a joint venture with NYNEX, USA and promoted Reliance Telecom Private Limited in India. The company commissioned an 80,000 tonne bottle grade PET chip plant at Hazira manufacturing complex. Reliance's PET chips has been accepted internationally due to their high quality during the year 1997-98 and in the same year Reliance Industries Planned to invest around Rs. With the commissioning of the last crystallization train of the Para-xylene (PX) complex at Jamnagar in June 2017, RIL became the 2nd largest producer of PX globally. Reliance Retail operates over 3,300 stores pan India with nearly 13 million square feet of retail space. In a short period of 170 days, Jio crossed a milestone of 100 million customers on its all IP wireless broadband network. During FY 2018-19, Reliance Jio Infocomm Limited (RJIL) successfully tied up JPY 53.5 billion, the largest Samurai loan for an Asian corporate and also for a telecom company. The Board of Reliance Jio Infocomm Limited (RJIL) approved the demerger of its passive infrastructure, tower and fiber assets into two separate SPVs. Ltd. (REHPL), a wholly owned subsidiary of the Company, holds 100% controlling equity interest in 6 companies owning Very Large Ethane Carrier (VLEC). DTA refinery was awarded India Manufacturing Excellence Award 2019' in High Platinum Category & Future Ready Factory Award by Frost and Sullivan. Reliance was declared Winner' at 18th Annual Greentech Safety Award 2019 for persistent commitment in the field of safety. During the year 2021-22, the Company and Saudi Aramco mutually determined that it would be beneficial for both the parties to re-evaluate the proposed investment in O2C business. Accordingly, all the 5 wells opened, tested and ramped up, achieving a peak production of 6.1 MMSCMD and as a result, its production ramped up to 18 MMSCMD gas.