LT vs RELIANCE: Which Is Better on the Numbers?
Larsen & Toubro Ltd (LT) trades at ₹3942 on a P/E of 33.2, while Reliance Industries Ltd (RELIANCE) trades at ₹1291 on a P/E of 22.4. On valuation, Reliance Industries Ltd is cheaper on earnings (P/E 22.4 vs 33.2). This is a data comparison, not a recommendation.
LT vs RELIANCE — full comparison
| Metric | LT | RELIANCE |
|---|---|---|
| Share price | ₹3,942.1 | ₹1,291 |
| P/E ratio (lower = cheaper) | 33.20 | 22.40 |
| ROE (higher = better) | 15.90% | 8.91% |
| ROCE (higher = better) | 14.60% | 10.30% |
| Dividend yield | 0.96% | 0.46% |
| Annualised return (history) | +7.4% | -6.7% |
| Volatility (lower = steadier) | 25% | 21% |
| 1-year forecast (Monte Carlo median) | ₹4,112.4 | ₹1,180.9 |
| Cheapest MTF margin | 22.5% (Dhan) | 22% (Dhan) |
How LT and RELIANCE compare
- On valuation, Reliance Industries Ltd is cheaper on earnings (P/E 22.4 vs 33.2).
- On profitability, Larsen & Toubro Ltd earns a higher return on equity (ROE 15.9% vs 8.9%).
- For income, Larsen & Toubro Ltd pays a higher dividend yield (0.96% vs 0.46%).
- On recent momentum, Larsen & Toubro Ltd has the stronger annualised return (+7.4% vs -6.7%).
- On risk, Reliance Industries Ltd has been less volatile (annualised volatility 21% vs 25%).
- For margin trading, Reliance Industries Ltd has the lower MTF margin requirement (22% via Dhan).
Not investment advice. This page compares publicly available metrics and a statistical forecast for information only. The 1-year forecast is a Monte Carlo projection from historical volatility, not a prediction. Do your own research or consult a SEBI-registered adviser before investing.
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