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INOX INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of INOX INDIA is 66.02.

Share Price ₹1,875.1Jun 25,2026
Market Cap ₹17,025.5 Cr
Earnings-TTM₹257.9 CrTTM-Consolidated Results
Price/Earnings66.02xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INOX INDIA

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of INOX INDIA is calculated as :

Current Market Cap [ ₹17,025.5 Cr] as on Jun 25,2026

(/) Earnings [ ₹257.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 66.02x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for INOX INDIA , the investors are currently willing to pay 66.02 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of INOX INDIA !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of INOX INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of INOX INDIA


PE Ratio Performance Analysis for INOX INDIA

- INOX INDIA 's latest p/e ratio is 66.02x.

- INOX INDIA 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 27.58x.

- INOX INDIA 's operated at median p/e ratio of 40.14x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INOX INDIA 's p/e ratio peaked in Mar2024 at 56.5x.

- INOX INDIA 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does INOX INDIA 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
INOX INDIA 257.8966.0217,025.5
BHARAT HEAVY ELECTRICALS LTD1,539.2191.03140,118.0
THERMAX LTD720.6779.7457,469.7
KIRLOSKAR OIL ENGINES LTD557.7264.7636,116.7
TRIVENI TURBINE LTD350.7060.6821,281.5
JYOTI CNC AUTOMATION LTD336.0051.4617,291.0
AZAD ENGINEERING LTD133.5697.6713,045.2
TEGA INDUSTRIES LTD136.5895.1712,998.6
ELECON ENGINEERING COMPANY LTD340.5434.3811,706.9
KRN HEAT EXCHANGER AND REFRIGERATION LTD76.47101.497,760.4
PRAJ INDUSTRIES LTD23.85268.726,407.7

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs INOX INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 34.38x
Max industry PE 268.72x
Median industry PE 79.74x
Average industry PE 91.92x



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