Reliance Industries (LUX:RELIN) EV-to-FCF: (As of Jul. 04, 2026)


LUX:RELIN Reliance Industries Ltd LUX:RELIN
89 GF Score
Price $76.40
GF Value $92.75
! 2 Warning Signs
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What is Reliance Industries EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Reliance Industries's Enterprise Value is $290,253 Mil. Reliance Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $0 Mil. Therefore, Reliance Industries's EV-to-FCF for today is .

The historical rank and industry rank for Reliance Industries's EV-to-FCF or its related term are showing as below:

LUX:RELIN' s EV-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 29.87
Current: 29.87

During the past 13 years, the highest EV-to-FCF of Reliance Industries was 29.87. The lowest was 0.00. And the median was 0.00.

LUX:RELIN's EV-to-FCF is ranked worse than
75.04% of 577 companies
in the Oil & Gas industry
Industry Median: 15.35 vs LUX:RELIN: 29.87

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-07-04), Reliance Industries's stock price is $76.40. Reliance Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.689. Therefore, Reliance Industries's PE Ratio (TTM) for today is 28.41.


Reliance Industries  (LUX:RELIN) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=76.40/2.689
=28.41

Reliance Industries's share price for today is $76.40.
Reliance Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.689.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Reliance Industries EV-to-FCF Related Terms


Reliance Industries EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Reliance Industries's EV-to-FCF 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.

Reliance Industries EV-to-FCF Chart

Reliance Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.27 -67.11 385.74 52.22 30.66

Reliance Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.22 0.00 0.00 0.00 30.66

LUX:RELIN vs VLO, MPC, PSX: EV-to-FCF Comparison

For the Oil & Gas Refining & Marketing subindustry, Reliance Industries's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Reliance Industries's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Reliance Industries's EV-to-FCF falls into.


LUX:RELIN
89GF Score
Reliance Industries Ltd LUX:RELIN
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance Industries EV-to-FCF Calculation

Reliance Industries's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=290253.418/0
=

Reliance Industries's current Enterprise Value is $290,253 Mil.
Reliance Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 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.

Is Reliance Industries (LUX:RELIN) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Industries stock appears to be undervalued. The current stock price of $76.40 is trading 17.6% below its estimated GF Value™ of $92.75.

Key valuation signals for LUX:RELIN:

  • EV-to-FCF:
  • GF Value™: $92.75 vs. price of $76.40 (17.6% below fair value)
  • GF Score™: 89/100 with 2 warning signs

No single metric tells the full story. See the LUX:RELIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reliance Industries Business Description

Industry EnergyOil & Gas
Address 222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, IND, 400021
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.
89GF Score

Get the complete analysis for LUX:RELIN

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$76.40
Price
$92.75
GF Value