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Torrent Power Stock

Torrent Power P/E 2024

Torrent Power P/E

39.73

Ticker

TORNTPOWER.NS

ISIN

INE813H01021

As of Sep 28, 2024, Torrent Power's P/E ratio was 39.73, a 211.61% change from the 12.75 P/E ratio recorded in the previous year.

The Torrent Power P/E history

Torrent Power Aktienanalyse

What does Torrent Power do?

Torrent Power Ltd is a company operating in the energy sector. The company was founded in 1996 and is headquartered in Ahmedabad, India. History: Torrent Power Ltd started as a developer of wind farms and eventually expanded into other renewable energies such as solar power and biogas. In the following years, the company expanded its offering of energy services and acquired several power supply companies in different parts of India. Business model: Torrent Power Ltd's business model is to generate, transmit, and distribute energy. The company has acquired multiple power supply companies in India to strengthen its position in the Indian electricity market. The company has also invested in renewable energies such as solar power and biogas to enable sustainable energy supply. Divisions: Torrent Power Ltd operates in various business divisions. The company operates in the following areas: Power generation: Torrent Power Ltd is a major power generator in India. The company operates several power plants in different parts of India. The company's power plants utilize various fuels such as coal, gas, and renewable energies to generate electricity. Transmission: Torrent Power Ltd is also involved in power transmission. The company operates several transmission lines to transport electricity from its power plants to consumers. Distribution: The company is also involved in electricity distribution and operates several distribution networks in different parts of India. The company supplies electricity to households, businesses, and public institutions. Products: The company offers a variety of products and services. Torrent Power Ltd's products and services include: Power supply: The company supplies electricity to households, businesses, and public institutions. The company offers various tariffs to meet the needs of consumers. Fuel supply: Torrent Power Ltd also supplies fuels such as gas to households, businesses, and public institutions. Energy efficiency: The company also provides energy efficiency solutions to improve the energy efficiency of its customers. The company offers consulting services and helps its customers install energy-efficient devices. Conclusion: Torrent Power Ltd is a major player in the Indian electricity market. The company operates in multiple business divisions and offers a variety of products and services. The company has invested in renewable energies and is working towards enabling sustainable energy supply. Torrent Power ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Torrent Power's P/E Ratio

The Price to Earnings (P/E) Ratio of Torrent Power 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 Torrent Power'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 Torrent Power 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 Torrent Power’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 Torrent Power stock

What is the price-to-earnings ratio of Torrent Power?

The price-earnings ratio of Torrent Power is currently 39.73.

How has the price-earnings ratio of Torrent Power changed compared to last year?

The price-to-earnings ratio of Torrent Power has increased by 211.61% 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 Torrent Power high compared to other companies?

Yes, the price-to-earnings ratio of Torrent Power is high compared to other companies.

How does an increase in the price-earnings ratio of Torrent Power affect the company?

An increase in the price-earnings ratio of Torrent Power 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 Torrent Power affect the company?

A decrease in the price-earnings ratio of Torrent Power 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 Torrent Power?

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

How much dividend does Torrent Power pay?

Over the past 12 months, Torrent Power paid a dividend of 16 INR . This corresponds to a dividend yield of about 0.85 %. For the coming 12 months, Torrent Power is expected to pay a dividend of 16.19 INR.

What is the dividend yield of Torrent Power?

The current dividend yield of Torrent Power is 0.85 %.

When does Torrent Power pay dividends?

Torrent Power pays a quarterly dividend. This is distributed in the months of March, July, March, July.

How secure is the dividend of Torrent Power?

Torrent Power paid dividends every year for the past 20 years.

What is the dividend of Torrent Power?

For the upcoming 12 months, dividends amounting to 16.19 INR are expected. This corresponds to a dividend yield of 0.86 %.

In which sector is Torrent Power located?

Torrent Power is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Torrent Power kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Torrent Power from 8/28/2024 amounting to 4 INR, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Torrent Power pay the last dividend?

The last dividend was paid out on 8/28/2024.

What was the dividend of Torrent Power in the year 2023?

In the year 2023, Torrent Power distributed 17 INR as dividends.

In which currency does Torrent Power pay out the dividend?

The dividends of Torrent Power are distributed in INR.

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Andere Kennzahlen von Torrent Power

Our stock analysis for Torrent Power 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 Torrent Power Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.