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Reliance IndustriesCHIX:RIGDL +1.63%83 EV-to-EBITDA is 13.96 as of Aug. 12, 2026, which is 2% below its 10-year median of 14.21. GuruFocus rates CHIX:RIGDL with a GF Score™ of 83/100 and a GF Value™ of $69.44 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 770 Oil & Gas companies, Reliance Industries ranks worse than 79.09% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Reliance Industries's enterprise value is $221,239 Mil.
Reliance Industries's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $15,846 Mil. Therefore, Reliance Industries's EV-to-EBITDA for today is 13.96.
The historical rank and industry rank for Reliance Industries's EV-to-EBITDA or its related term are showing as below:
CHIX:RIGDl'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.2 Med: 14.21 Max: 22.49
Current: 14.56
During the past 13 years, the highest EV-to-EBITDA of Reliance Industries was 22.49. The lowest was 6.20. And the median was 14.21.
CHIX:RIGDl's EV-to-EBITDA is ranked worse than 79.09% of 770
companies
in the Oil & Gas industry
Industry Median: 7.49
vs CHIX:RIGDl: 14.56
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Reliance Industries's PE Ratio (TTM) for today is calculated as:
Reliance Industries's share price for today is $56.00.
Reliance Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.412.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Reliance Industries's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CHIX:RIGDL vs MPC, VLO, PSX: EV-to-EBITDA Comparison
For the Oil & Gas Refining & Marketing subindustry, Reliance Industries's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Reliance Industries EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Reliance Industries's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Reliance Industries's EV-to-EBITDA falls into.
Reliance Industries's current Enterprise Value is $221,239 Mil.
Reliance Industries's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $15,846 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Reliance Industries (CHIX:RIGDL) has a EV-to-EBITDA of 13.96 as of Aug. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Reliance Industries. This is near median its historical median of 14.21. Over the past decade, Reliance Industries' EV-to-EBITDA has ranged from 6.20 to 22.49. According to the industry distribution chart, Reliance Industries ranks #609 out of 770 companies in the Oil & Gas industry, placing it in the top 79.1%.
Is Reliance Industries' EV-to-EBITDA too high?
Reliance Industries' current EV-to-EBITDA of 13.96 is near median its 10-year median of 14.21. Over the past 10 years, this metric has ranged from a low of 6.20 to a high of 22.49. The Oil & Gas industry median EV-to-EBITDA is 7.49. Reliance Industries' value of 13.96 is 86.4% above this industry median. Based on the distribution chart, Reliance Industries ranks #609 out of 770 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Reliance Industries has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Industries' EV-to-EBITDA compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Reliance Industries ranks #609 out of 770 companies for EV-to-EBITDA. This places Reliance Industries in the lower half of its industry. The industry median EV-to-EBITDA is 7.49. Reliance Industries' value of 13.96 is 86.4% above this benchmark. Historically, Reliance Industries' own EV-to-EBITDA has ranged from 6.20 to 22.49 over the past decade. While the company's 10-year median is 14.21 vs. the industry median of 7.49, Reliance Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.49, based on 770 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reliance Industries's current EV-to-EBITDA of 13.96 is 86.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Reliance Industries. For the Oil & Gas industry, the median EV-to-EBITDA is 7.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Industries's current EV-to-EBITDA is 13.96, which is near median its own 10-year median of 14.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Industries stock overvalued right now?
Based on GuruFocus' analysis, Reliance Industries (CHIX:RIGDL) is currently considered Modestly Undervalued. The stock's GF Value™ is $69.44, compared to a current price of $56.00 — trading 19.4% below its estimated fair value. The current EV-to-EBITDA is 13.96, which is near median its 10-year median of 14.21 and 86.4% above the Oil & Gas industry median of 7.49. Reliance Industries' overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Reliance Industries (CHIX:RIGDL), the current EV-to-EBITDA is 13.96 as of Aug. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Reliance Industries (CHIX:RIGDL) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance Industries stock appears to be undervalued.
The current stock price of $56.00 is trading 19.4% below its estimated GF Value™ of $69.44.
GuruFocus considers Reliance Industries to be Modestly Undervalued.
Key valuation signals for CHIX:RIGDL:
EV-to-EBITDA: 13.96 (near median its 10-year median of 14.21)
GF Value™: $69.44 vs. price of $56.00 (19.4% below fair value)
Industry Position: 86.4% above the Oil & Gas median (#609 of 770)
No single metric tells the full story. See the CHIX:RIGDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliance Industries Ltd is engaged in hydrocarbon exploration and production, refining and marketing, petrochemicals, financial services, retail, and communications. The company has five principal operating and reporting segments: Oil to Chemicals (O2C), Oil and Gas, Retail, Digital Services, and other services. Reliance's refineries produce a range of petroleum products that find use as fuel variants, feedstock, and fuel for power and cement plants. Fuels produced in refineries are exported to several countries and can be processed into any grade of gasoline or diesel. The Oil to Chemicals segment, which derives the majority of revenue, includes Refining, Petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel, and bulk wholesale marketing.
83GF Score
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