Reliance Industries Limited Stock Target Price
| RIGD Stock | 67.60 0.80 1.20% |
Fundamental analysis of Reliance Industries allows traders to better anticipate movements in Reliance Industries' stock price by examining its financial health and performance throughout various phases of its business cycle.
Reliance | Target Price |
Reliance Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reliance Industries' direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reliance Industries could also be used in its relative valuation, which is a method of valuing Reliance Industries by comparing valuation metrics of similar companies.Reliance Industries is currently under evaluation in target price category among its peers.
Reliance Fundamentals
| Return On Equity | 0.0972 | ||||
| Return On Asset | 0.0394 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 222.71 B | ||||
| Shares Outstanding | 3.38 B | ||||
| Shares Owned By Institutions | 0.82 % | ||||
| Price To Book | 2.18 X | ||||
| Price To Sales | 0.02 X | ||||
| Revenue | 9.65 T | ||||
| Gross Profit | 3.6 T | ||||
| EBITDA | 1.83 T | ||||
| Net Income | 1.06 T | ||||
| Total Debt | 3.7 T | ||||
| Book Value Per Share | 648.12 X | ||||
| Cash Flow From Operations | 1.79 T | ||||
| Earnings Per Share | 2.77 X | ||||
| Target Price | 81.14 | ||||
| Number Of Employees | 403.3 K | ||||
| Beta | 0.32 | ||||
| Market Capitalization | 209.92 B | ||||
| Total Asset | 19.5 T | ||||
| Retained Earnings | 3.92 T | ||||
| Working Capital | 455.33 B | ||||
| Annual Yield | 0 % | ||||
| Net Asset | 19.5 T |
About Reliance Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reliance Industries Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliance Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliance Industries Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Reliance Stock Analysis
When running Reliance Industries' price analysis, check to measure Reliance Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Industries is operating at the current time. Most of Reliance Industries' value examination focuses on studying past and present price action to predict the probability of Reliance Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Industries' price. Additionally, you may evaluate how the addition of Reliance Industries to your portfolios can decrease your overall portfolio volatility.