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Reliance Industries Stock

Reliance Industries P/E 2024

Reliance Industries P/E

29.43

Ticker

RELIANCE.NS

ISIN

INE002A01018

WKN

946078

As of Nov 8, 2024, Reliance Industries's P/E ratio was 29.43, a 135.25% change from the 12.51 P/E ratio recorded in the previous year.

The Reliance Industries P/E history

Reliance Industries Aktienanalyse

What does Reliance Industries do?

Reliance Industries Ltd is an Indian company founded by Dhirubhai Ambani in 1966. It is based in Mumbai and is the largest private sector company in India. RIL has a wide portfolio of products and services in the fields of energy, petrochemicals, textiles, retail, and telecommunications. The company has experienced tremendous expansion in recent decades and is now a major player in the global market. Reliance Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Reliance Industries's P/E Ratio

The Price to Earnings (P/E) Ratio of Reliance Industries is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Reliance Industries's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Reliance Industries is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Reliance Industries’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Reliance Industries stock

What is the price-to-earnings ratio of Reliance Industries?

The price-earnings ratio of Reliance Industries is currently 29.43.

How has the price-earnings ratio of Reliance Industries changed compared to last year?

The price-to-earnings ratio of Reliance Industries has increased by 135.25% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Reliance Industries high compared to other companies?

Yes, the price-to-earnings ratio of Reliance Industries is high compared to other companies.

How does an increase in the price-earnings ratio of Reliance Industries affect the company?

An increase in the price-earnings ratio of Reliance Industries would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Reliance Industries affect the company?

A decrease in the price-earnings ratio of Reliance Industries would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Reliance Industries?

Some factors that influence the price-earnings ratio of Reliance Industries are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Reliance Industries pay?

Over the past 12 months, Reliance Industries paid a dividend of 10 INR . This corresponds to a dividend yield of about 0.77 %. For the coming 12 months, Reliance Industries is expected to pay a dividend of 10.71 INR.

What is the dividend yield of Reliance Industries?

The current dividend yield of Reliance Industries is 0.77 %.

When does Reliance Industries pay dividends?

Reliance Industries pays a quarterly dividend. This is distributed in the months of July, September, September, September.

How secure is the dividend of Reliance Industries?

Reliance Industries paid dividends every year for the past 24 years.

What is the dividend of Reliance Industries?

For the upcoming 12 months, dividends amounting to 10.71 INR are expected. This corresponds to a dividend yield of 0.82 %.

In which sector is Reliance Industries located?

Reliance Industries is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Reliance Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Reliance Industries from 9/4/2024 amounting to 10 INR, you needed to have the stock in your portfolio before the ex-date on 8/19/2024.

When did Reliance Industries pay the last dividend?

The last dividend was paid out on 9/4/2024.

What was the dividend of Reliance Industries in the year 2023?

In the year 2023, Reliance Industries distributed 9 INR as dividends.

In which currency does Reliance Industries pay out the dividend?

The dividends of Reliance Industries are distributed in INR.

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Andere Kennzahlen von Reliance Industries

Our stock analysis for Reliance Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Reliance Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.