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IRCON INTERNATIONAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of IRCON INTERNATIONAL is 26.22.

Share Price ₹241.4Apr 24,2024
Market Cap ₹22,703.7 Cr
Earnings-TTM₹866.0 CrTTM-Consolidated Results
Price/Earnings26.22xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of IRCON INTERNATIONAL

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 IRCON INTERNATIONAL is calculated as :

Current Market Cap [ ₹22,703.7 Cr] as on Apr 24,2024

(/) Earnings [ ₹866.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 26.22x ]

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

Thus, for IRCON INTERNATIONAL , the investors are currently willing to pay 26.22 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 IRCON INTERNATIONAL !

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 IRCON INTERNATIONAL over the last five years.

Historical PE (Price/Earnings) ratio chart of IRCON INTERNATIONAL


PE Ratio Performance Analysis for IRCON INTERNATIONAL

- IRCON INTERNATIONAL 's latest p/e ratio is 26.22x.

- IRCON INTERNATIONAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.02x.

- IRCON INTERNATIONAL 's operated at median p/e ratio of 5.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IRCON INTERNATIONAL 's p/e ratio peaked in Mar2023 at 6.88x.

- IRCON INTERNATIONAL 's p/e ratio hit its five-year low in Mar2020 of 0.74x.


How does IRCON INTERNATIONAL 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
IRCON INTERNATIONAL 865.9826.2222,703.7
LARSEN & TOUBRO LTD15,012.9033.28499,685.0
RAIL VIKAS NIGAM LTD1,375.6443.1159,308.4
GMR AIRPORTS INFRASTRUCTURE LTD-1,531.32-32.4849,730.1
IRB INFRASTRUCTURE DEVELOPERS LTD763.3853.5240,853.8
KEC INTERNATIONAL LTD267.2071.0418,982.1
KALPATARU PROJECTS INTERNATIONAL LTD487.0039.1919,087.4
NCC LTD693.9822.5515,649.1
GR INFRAPROJECTS LTD1,159.5611.1312,910.4
STERLING AND WILSON RENEWABLE ENERGY LTD-210.82-71.1615,002.4
PNC INFRATECH LTD659.5117.2411,369.8

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs IRCON INTERNATIONAL 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -71.16x
Max industry PE 71.04x
Median industry PE 26.22x
Average industry PE 19.42x



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