Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Reliance Industries's share price for the quarter that ended in Mar. 2026 was $76.4. Reliance Industries's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 3,383 Mil. Therefore, Reliance Industries's market cap for the quarter that ended in Mar. 2026 was $258,470 Mil.
Reliance Industries's quarterly market cap
stayed the same
from Sep. 2025 ($258,470 Mil) to Dec. 2025 ($258,470 Mil) and
stayed the same
from Dec. 2025 ($258,470 Mil) to Mar. 2026 ($258,470 Mil).
Reliance Industries's annual market cap
increased
from Mar. 2024 ($241,550 Mil) to Mar. 2025 ($258,468 Mil) and
increased
from Mar. 2025 ($258,468 Mil) to Mar. 2026 ($258,470 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Reliance Industries's Enterprise Value for Today is $290,231 Mil.
Reliance Industries (LUX:RELIN) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Reliance Industries Market Cap Related Terms
Reliance Industries Market Cap Historical Data
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The historical data trend for Reliance Industries's Market Cap 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.
For the Oil & Gas Refining & Marketing subindustry, Reliance Industries's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Reliance Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Reliance Industries's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Reliance Industries's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (LUX:RELIN) has a Market Cap of $258,470 Mil as of Jun. 29, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Reliance Industries and its competitors. According to the industry distribution chart, Reliance Industries ranks #6 out of 1046 companies in the Oil & Gas industry, placing it in the top 0.59999999999999%.
Is Reliance Industries' Market Cap too high?
Reliance Industries' current Market Cap is $258,470 Mil. The Oil & Gas industry median Market Cap is 213.99. Reliance Industries' value of $258,470 Mil is 120684.9% above this industry median. Based on the distribution chart, Reliance Industries ranks #6 out of 1046 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Reliance Industries has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Reliance Industries' Market Cap compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Reliance Industries ranks #6 out of 1046 companies for Market Cap. This places Reliance Industries in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 213.99. Reliance Industries' value of $258,470 Mil is 120684.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 213.99, based on 1,046 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reliance Industries's current Market Cap of $258,470 Mil is 120684.9% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Reliance Industries and its competitors. For the Oil & Gas industry, the median Market Cap is 213.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Industries's current Market Cap is $258,470 Mil. 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?
Reliance Industries (LUX:RELIN) has a current Market Cap of $258,470 Mil. The stock's GF Value™ is $91.47, compared to a current price of $76.40 — trading 16.5% below its estimated fair value. The current Market Cap is $258,470 Mil and 120684.9% above the Oil & Gas industry median of 213.99. Reliance Industries' overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Reliance Industries (LUX:RELIN), the current Market Cap is $258,470 Mil as of Jun. 29, 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 (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 16.5% below its estimated GF Value™ of $91.47.
Key valuation signals for LUX:RELIN:
Market Cap: $258,470 Mil
GF Value™: $91.47 vs. price of $76.40 (16.5% below fair value)
Industry Position: 120684.9% above the Oil & Gas median (#6 of 1046)
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 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.
91GF Score
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