GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Reliance Industries Ltd (NSE:RELIANCE) » Definitions » EV-to-EBIT

Reliance Industries (NSE:RELIANCE) EV-to-EBIT : 16.11 (As of May. 05, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Reliance Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Reliance Industries's Enterprise Value is ₹20,593,021 Mil. Reliance Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,278,450 Mil. Therefore, Reliance Industries's EV-to-EBIT for today is 16.11.

The historical rank and industry rank for Reliance Industries's EV-to-EBIT or its related term are showing as below:

NSE:RELIANCE' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.96   Med: 12.04   Max: 33.31
Current: 16.11

During the past 13 years, the highest EV-to-EBIT of Reliance Industries was 33.31. The lowest was 5.96. And the median was 12.04.

NSE:RELIANCE's EV-to-EBIT is ranked worse than
77.76% of 742 companies
in the Oil & Gas industry
Industry Median: 8.635 vs NSE:RELIANCE: 16.11

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Reliance Industries's Enterprise Value for the quarter that ended in Mar. 2024 was ₹22,617,739 Mil. Reliance Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,278,450 Mil. Reliance Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.65%.


Reliance Industries EV-to-EBIT Historical Data

The historical data trend for Reliance Industries's EV-to-EBIT 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.

Reliance Industries EV-to-EBIT Chart

Reliance Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.13 19.56 19.08 14.79 17.69

Reliance Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT 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 14.79 14.12 15.18 14.10 17.69

Competitive Comparison of Reliance Industries's EV-to-EBIT

For the Oil & Gas Refining & Marketing subindustry, Reliance Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Reliance Industries's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Reliance Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Reliance Industries's EV-to-EBIT falls into.



Reliance Industries EV-to-EBIT Calculation

Reliance Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=20593020.652/1278450
=16.11

Reliance Industries's current Enterprise Value is ₹20,593,021 Mil.
Reliance Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,278,450 Mil.

* 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.


Reliance Industries  (NSE:RELIANCE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Reliance Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=1278450/22617739.087
=5.65 %

Reliance Industries's Enterprise Value for the quarter that ended in Mar. 2024 was ₹22,617,739 Mil.
Reliance Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,278,450 Mil.

* 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.


Reliance Industries EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Reliance Industries's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Reliance Industries (NSE:RELIANCE) Business Description

Traded in Other Exchanges
Address
222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, IND, 400021
Reliance Industries Ltd is engaged in hydrocarbon exploration and production, refining and marketing, petrochemicals, financial services, retail, and communications. The Group has five principal operating and reporting segments: Oil To Chemicals (O2C), Oil and Gas, Retail, Digital Services and Financial Services. Located in west India, Reliance's refineries produce a range of petroleum products that find use as fuel variants, feedstock, and fuel for power and cement plants. Fuels produced in refineries are exported to several countries and can be processed into any grade of gasoline or diesel. The Oil to Chemicals segment that derives the majority revenue includes Refining, Petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel, and bulk wholesale marketing.

Reliance Industries (NSE:RELIANCE) Headlines

No Headlines