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REC (BOM:532955) Price-to-Owner-Earnings : 10.79 (As of May. 28, 2024)


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What is REC Price-to-Owner-Earnings?

As of today (2024-05-28), REC's share price is ₹579.05. REC's Owner Earnings per Share (TTM) ended in Mar. 2024 was ₹53.66. It's Price-to-Owner-Earnings for today is 10.79.


The historical rank and industry rank for REC's Price-to-Owner-Earnings or its related term are showing as below:

BOM:532955' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 5.22   Med: 5.68   Max: 10.39
Current: 10.32

During the past 13 years, the highest Price-to-Owner-Earnings of REC was 10.39. The lowest was 5.22. And the median was 5.68.


BOM:532955's Price-to-Owner-Earnings is ranked worse than
54.02% of 174 companies
in the Credit Services industry
Industry Median: 9.355 vs BOM:532955: 10.32

As of today (2024-05-28), REC's share price is ₹579.05. REC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹53.58. Therefore, REC's PE Ratio for today is 10.81.

As of today (2024-05-28), REC's share price is ₹579.05. REC's EPS without NRI for the trailing twelve months (TTM) ended in was ₹53.58. Therefore, REC's PE Ratio without NRI for today is 10.81.

During the past 13 years, REC's highest PE Ratio without NRI was 10.41. The lowest was 2.16. And the median was 3.45.


REC Price-to-Owner-Earnings Historical Data

The historical data trend for REC's Price-to-Owner-Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

REC Price-to-Owner-Earnings Chart

REC Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 8.40

REC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 8.40

Competitive Comparison of REC's Price-to-Owner-Earnings

For the Credit Services subindustry, REC's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


REC's Price-to-Owner-Earnings Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, REC's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where REC's Price-to-Owner-Earnings falls into.



REC Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

REC's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=579.05/53.66
=10.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


REC  (BOM:532955) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


REC Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of REC's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


REC (BOM:532955) Business Description

Traded in Other Exchanges
Address
Plot No. I-4, Sector 29, Gurugram, HR, IND, 122001
REC Ltd is a nonbanking financial company operating in India. The company's main objective is to finance and promote power sector projects on the subcontinent. REC provides loan assistance to numerous state power utilities, private sector project developers, central power sector utilities, and state governments. REC investments include power generation, power transmission, power distribution, and other system improvement initiatives. REC is also instrumental in implementing several initiatives spearheaded on behalf of the government of India, including rural electrification. The majority of its revenue derives from long-term financing.

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