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Reliance Industries Limited Reliance Industries Limited

Reliance Industries Limited

RELIANCE
Rank in Stocks #105
Reliance Industries Limited, a Mumbai-headquartered Indian conglomerate founded... Reliance Industries Limited, a Mumbai-headquartered Indian conglomerate founded in 1973, manages a vast array of global enterprises. The company's operations span numerous key sectors, including hydrocarbon exploration and extraction, the production of oil and chemicals, textile manufacturing, diverse retail formats, digital services, advanced materials and composites, renewable energy initiatives, and financial offerings. Within its extensive energy and chemicals division, RIL is actively involved in discovering, developing, and extracting crude oil and natural gas. It manufactures and distributes a broad range of refined petroleum products like diesel, gasoline, aviation turbine fuel, liquefied petroleum gas, naphtha, kerosene oil, sulfur, and petroleum coke. Furthermore, its petrochemical segment produces a wide variety of industrial chemicals, such as high-, low-, and linear low-density polyethylene, polypropylene, polyvinyl chloride, polyester fibers and yarns, purified terephthalic acid, ethylene glycols and oxide, paraxylene, ortho xylene, benzene, linear alkyl benzene, paraffin, poly butadiene rubber, styrene butadiene rubber, butyl rubber, and polyethylene terephthalate. The company's retail arm operates a comprehensive network of stores, ranging from local neighborhood shops and supermarkets to large-scale hypermarkets, wholesale cash-and-carry outlets, and specialty stores, all supported by an online presence. These retail ventures provide consumers with a wide selection of products, including apparel, beauty products, accessories, footwear, electronics, and connectivity solutions. RIL also delivers an extensive suite of digital services under its "Jio" brand. Its textile business is responsible for producing and marketing various yarns, fabrics, apparel, and automotive furnishing materials. Moreover, the conglomerate ventures into financial services, offering non-banking financial products and insurance brokerage. Other significant operations include managing news and entertainment platforms, such as Network18 and various television channels, publishing magazines, and providing highway hospitality and fleet management services.
Share Price
$13.52
Last synced: 2026-09-25
Market Cap
$182.90B
Change (1 day)
0.31%
Change (1 year)
-78.13%
Country
IN
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P/E ratio for Reliance Industries Limited (RELIANCE)
P/E ratio as of September 2026 TTM: 22.71
According to Reliance Industries Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.71. At the end of 2024 the company had a P/E ratio of 28.86.
P/E ratio history for Reliance Industries Limited from 2005 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 22.71 -6.68%
2025 24.34 -15.67%
2024 28.86 32.24%
2023 21.82 -17.44%
2022 26.43 9.18%
2021 24.21 48.51%
2020 16.30 -15.22%
2019 19.23 42.16%
2018 13.52 12.41%
2017 12.03 25.93%
2016 9.55 1.34%
2015 9.43 -15.19%
2014 11.12 10.59%
2013 10.05 -4.02%
2012 10.47 -30.04%
2011 14.97 23.85%
2010 12.09 -7.17%
2009 13.02 -16.37%
2008 15.57 2.27%
2007 15.23 39.83%
2006 10.89 88.97%
2005 5.76 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
13.65 -39.92%
US
15.88 -30.10%
US
14.58 -35.81%
US
- -
FI
14.38 -36.71%
TW
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.