INOX INDIA
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The Current P/E Ratio of INOX INDIA is 41.14.
| Share Price | ₹1,114.0 | Jan 01,2026 |
| Market Cap | ₹10,115.1 Cr | |
| Earnings-TTM | ₹245.9 Cr | TTM-Consolidated Results |
| Price/Earnings | 41.14x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of INOX INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹10,115.1 Cr] as on Jan 01,2026
(/) Earnings [ ₹245.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 41.14x ]
Thus, for INOX INDIA , the investors are currently willing to pay 41.14 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 p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 19.33x.
- INOX INDIA 's operated at median p/e ratio of 0x 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 Ratio | Market Cap |
|---|---|---|---|
| INOX INDIA | 245.85 | 41.14 | 10,115.1 |
| BHARAT HEAVY ELECTRICALS LTD | 502.33 | 201.93 | 101,433.0 |
| THERMAX LTD | 590.23 | 61.80 | 36,477.9 |
| JYOTI CNC AUTOMATION LTD | 346.13 | 65.13 | 22,543.3 |
| TRIVENI TURBINE LTD | 343.00 | 49.80 | 17,080.0 |
| KIRLOSKAR BROTHERS LTD | 375.20 | 34.14 | 12,809.1 |
| ELECON ENGINEERING COMPANY LTD | 513.07 | 21.01 | 10,780.2 |
| PRAJ INDUSTRIES LTD | 105.54 | 55.70 | 5,879.3 |
| KIRLOSKAR OIL ENGINES LTD | 487.82 | 36.58 | 17,846.7 |
| TEGA INDUSTRIES LTD | 230.77 | 63.73 | 14,706.6 |
| SHRIRAM PISTONS & RINGS LTD | 549.52 | 25.22 | 13,860.9 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs INOX INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 21.01x |
| Max industry PE | 201.93x |
| Median industry PE | 49.80x |
| Average industry PE | 59.65x |
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