Hindalco Industries Limited
HINDALCO
Rank in Stocks
#1049
Hindalco Industries Ltd. engages in the production and marketing of aluminium... Hindalco Industries Ltd. engages in the production and marketing of aluminium and copper products. It operates through the Aluminium, Copper, Novelis, and All Other segments. The Aluminium segment manufactures and sells hydrate and alumina, and aluminium products. The Copper segment is in the business of manufacturing and selling of copper cathode, continuous cast copper rods, sulphuric acid, DAP & Complexes, gold, silver, and other precious metals. The Novelis segment engaged in producing and selling aluminium sheet and light gauge products. The company was founded by Ghanshyam Das Birla on December 15, 1958 and is headquartered in Mumbai, India.
Share Price
$9.94
Last synced: 2026-10-19
Market Cap
$22.33B
Change (1 day)
-0.48%
Change (1 year)
11.06%
Country
IN
Trade Hindalco Industries Limited (HINDALCO)
Category
Basic Materials
P/E ratio for Hindalco Industries Limited (HINDALCO)
P/E ratio as of October 2026 TTM: 12.01
According to Hindalco Industries Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.01. At the end of 2024 the company had a P/E ratio of 12.44.
P/E ratio history for Hindalco Industries Limited from 2004 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 12.01 | 30.09% |
| 2025 | 9.23 | -25.80% |
| 2024 | 12.44 | 39.39% |
| 2023 | 8.92 | -3.27% |
| 2022 | 9.23 | -55.80% |
| 2021 | 20.87 | 269.43% |
| 2020 | 5.65 | -35.43% |
| 2019 | 8.75 | 13.10% |
| 2018 | 7.74 | -63.43% |
| 2017 | 21.15 | -129.44% |
| 2016 | -71.86 | -330.45% |
| 2015 | 31.18 | 139.96% |
| 2014 | 12.99 | 124.53% |
| 2013 | 5.79 | -20.64% |
| 2012 | 7.29 | -55.25% |
| 2011 | 16.30 | 120.93% |
| 2010 | 7.38 | -67.16% |
| 2009 | 22.46 | 177.85% |
| 2008 | 8.08 | 64.99% |
| 2007 | 4.90 | -56.98% |
| 2006 | 11.39 | 23.79% |
| 2005 | 9.20 | -19.35% |
| 2004 | 11.41 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 6.00 | -50.05% |
CN
|
|
| - | - |
CN
|
|
| - | - |
NO
|
|
| - | - |
MY
|
|
| 7.87 | -34.43% |
CN
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.