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INOX INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of INOX INDIA is 78.98.

Share Price ₹2,214.1Sep 08,2026
Market Cap ₹20,126.2 Cr
Earnings-TTM₹254.8 CrTTM-Consolidated Results
Price/Earnings78.98xCalculated 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 [ ₹20,126.2 Cr] as on Sep 08,2026

(/) Earnings [ ₹254.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 78.98x ]

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 78.98 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 78.98x.

- 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 254.8478.9820,126.2
BHARAT HEAVY ELECTRICALS LTD2,373.6361.97147,100.0
THERMAX LTD590.8373.2043,251.4
KIRLOSKAR OIL ENGINES LTD534.6061.8733,078.1
TRIVENI TURBINE LTD337.3054.7818,476.3
JYOTI CNC AUTOMATION LTD321.7273.2823,576.9
AZAD ENGINEERING LTD139.29130.9418,238.2
TEGA INDUSTRIES LTD-6.53-1,880.1512,277.4
ELECON ENGINEERING COMPANY LTD236.0640.069,456.2
KRN HEAT EXCHANGER AND REFRIGERATION LTD96.94112.0610,863.2
PRAJ INDUSTRIES LTD30.11206.916,230.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -1,880.15x
Max industry PE 206.91x
Median industry PE 73.20x
Average industry PE -89.65x



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