RELIANCE.NS

Potentially Overvalued

Reliance Industries Limited — PEG Ratio Analysis

2.37

PEG Ratio

2.37

Growth Rate Source

Good Data Quality5-Year EPS CAGR

Current Price

$1321.20

TTM EPS

$59.69

P/E Ratio

22.13

Growth Rate

9.3%

5-Year EPS CAGR

Sector

Energy

Oil & Gas Refining & Marketing

Calculated

6/17/2026

9:12:39 AM

Peer Comparison

Sample Size

4 peers

Industry Median PEG

1.25

25th Percentile

0.74

75th Percentile

5.25

RELIANCE.NS PEG (2.37) vs Industry Median (1.25): 89% premium

Symbol	Company	PEG	P/E	Growth	vs RELIANCE.NS
SBIN.NS	State Bank of India	0.58	10.6	18.1%	-75%
ICICIBANK.NS	ICICI Bank Limited	0.74	16.8	22.7%	-69%
TCS.NS	Tata Consultancy Services Limited	1.76	16.6	9.4%	-26%
HDFCBANK.NS	HDFC Bank Limited	5.25	15.1	2.9%	+122%

How to Interpret PEG Ratio

PEG < 1.0 — Potentially Undervalued. The stock may be priced below its earnings growth rate, suggesting a potential buying opportunity.

PEG 1.0–2.0 — Fairly Valued. The stock price is roughly in line with its earnings growth. A PEG of 1.0 is often considered "fair value."

PEG > 2.0 — Potentially Overvalued. The stock may be priced above what its earnings growth justifies.

Limitations:PEG ratios are less reliable for financial firms (earnings driven by interest margins), companies with negative/zero earnings growth, and hypergrowth companies (>100% growth) where the ratio may appear misleadingly low. Always use PEG alongside other valuation metrics.