Reliance IndustriesFRA:RLI -0.21%91 PEG Ratio is 1.62 as of Jul. 05, 2026, which is 22% below its 10-year median of 2.09. GuruFocus rates FRA:RLI with a GF Score™ of 91/100 and a GF Value™ of €58.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 306 Oil & Gas companies, Reliance Industries ranks worse than 68.63% on this metric.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Reliance Industries's PEG Ratio or its related term are showing as below:
FRA:RLI'
s PEG Ratio Range Over the Past 10 Years
Min: 0.52 Med: 2.09 Max: 3.24
Current: 1.69
During the past 13 years, Reliance Industries's highest PEG Ratio was 3.24. The lowest was 0.52. And the median was 2.09.
FRA:RLI's PEG Ratio is ranked worse than 68.63% of 306
companies
in the Oil & Gas industry
Industry Median: 0.955
vs FRA:RLI: 1.69
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Reliance Industries (FRA:RLI) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Reliance Industries PEG Ratio Related Terms
Reliance Industries PEG Ratio Historical Data
* Premium members only.
The historical data trend for Reliance Industries's PEG Ratio 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 PEG Ratio, along with its competitors' market caps and PEG Ratio 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 PEG Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Reliance Industries's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Reliance Industries's PEG Ratio falls into.
* 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.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Reliance Industries (FRA:RLI) has a PEG Ratio of 1.62 as of Jul. 05, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Reliance Industries and its competitors. This is 22% below median its historical median of 2.09. Over the past decade, Reliance Industries' PEG Ratio has ranged from 0.52 to 3.24. According to the industry distribution chart, Reliance Industries ranks #210 out of 306 companies in the Oil & Gas industry, placing it in the top 68.6%.
Is Reliance Industries' PEG Ratio too high?
Reliance Industries' current PEG Ratio of 1.62 is 22% below median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 3.24. The Oil & Gas industry median PEG Ratio is 0.96. Reliance Industries' value of 1.62 is 69.6% above this industry median. Based on the distribution chart, Reliance Industries ranks #210 out of 306 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Reliance Industries has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Industries' PEG Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Reliance Industries ranks #210 out of 306 companies for PEG Ratio. This places Reliance Industries in the lower half of its industry. The industry median PEG Ratio is 0.96. Reliance Industries' value of 1.62 is 69.6% above this benchmark. Historically, Reliance Industries' own PEG Ratio has ranged from 0.52 to 3.24 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 0.96, 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 PEG Ratio for an Oil & Gas company?
The median PEG Ratio among Oil & Gas companies is 0.96, based on 306 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reliance Industries's current PEG Ratio of 1.62 is 69.6% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Reliance Industries and its competitors. For the Oil & Gas industry, the median PEG Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Industries's current PEG Ratio is 1.62, which is 22% below median its own 10-year median of 2.09. 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 (FRA:RLI) is currently considered Modestly Undervalued. The stock's GF Value™ is €58.51, compared to a current price of €48.20 — trading 17.6% below its estimated fair value. The current PEG Ratio is 1.62, which is 22% below median its 10-year median of 2.09 and 69.6% above the Oil & Gas industry median of 0.96. 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 PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Reliance Industries (FRA:RLI), the current PEG Ratio is 1.62 as of Jul. 05, 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 (FRA:RLI) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance Industries stock appears to be undervalued.
The current stock price of €48.20 is trading 17.6% below its estimated GF Value™ of €58.51.
GuruFocus considers Reliance Industries to be Modestly Undervalued.
Key valuation signals for FRA:RLI:
PEG Ratio: 1.62 (22% below median its 10-year median of 2.09)
GF Value™: €58.51 vs. price of €48.20 (17.6% below fair value)
Industry Position: 69.6% above the Oil & Gas median (#210 of 306)
No single metric tells the full story. See the FRA:RLI 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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