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Reliance Industries LtdNSE RELIANCE Stock Report

Last reporting period 31 Mar, 2024

Updated 01 Nov, 2024

Last price

Market cap $B

96.126

Mega

Exchange

XNSE - National Stock Exchange Of India

View Section: Eyestock Rating

Reliance Fair Value

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The fair market value of RELIANCE.NS stock is 2622.09 INR. Relative to the market price of 1338.4 INR Reliance is undervalued by 95.9%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Greatly undervalued 95.9%
2 622.09 INR
RELIANCE.NS Fair Value
1 338.4 INR
Market price of RELIANCE.NS

Reliance Valuation

Current RELIANCE.NS share ticker price is 1338.4 INR.

The fair value level of 2622.09 INR can be considered as an effective entry point for long-term investors to start investing in RELIANCE.NS stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 96% lower its fair value

Min value

Current price is 54% lower its minimum value

Max value

Current price is 146% lower its maximum value

04.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

RELIANCE.NS stock is greatly undervalued

It means the current price may concern as a Low Risk Entry Point

Reliance Industries Ltd Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

32.06

2

Median P/E over 5 years

25.51

3

Minimum P/E over 5 years

20.12

4

Earning per share (last 12 months)

102.78 INR

Maximum value

1

x

4

=

3 294.88 INR

Fair value

2

x

4

=

2 622.09 INR

Minimum value

3

x

4

=

2 067.7 INR

Reliance Industries Ltd price metrics

13.11

Annual return (geometric mean)

29.65

Risk (standard deviation) of returns

β

1.24

Beta (volatility compared to market)

It means that RELIANCE.NS stock is more volatile than the broader market

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View Section: Profitability