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IRCON INTERNATIONAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of IRCON INTERNATIONAL is 20.46.

Share Price ₹121.2Mar 27,2026
Market Cap ₹11,394.2 Cr
Earnings-TTM₹556.8 CrTTM-Consolidated Results
Price/Earnings20.46xCalculated 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 [ ₹11,394.2 Cr] as on Mar 27,2026

(/) Earnings [ ₹556.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 20.46x ]

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 20.46 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 20.46x.

- IRCON INTERNATIONAL 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 12.17x.

- IRCON INTERNATIONAL 's operated at median p/e ratio of 6.88x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IRCON INTERNATIONAL 's p/e ratio peaked in Mar2024 at 22.15x.

- IRCON INTERNATIONAL 's p/e ratio hit its five-year low in Mar2021 of 5.31x.


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 556.8220.4611,394.2
LARSEN & TOUBRO LTD18,975.3025.85490,544.0
RAIL VIKAS NIGAM LTD1,005.9554.7155,034.1
IRB INFRASTRUCTURE DEVELOPERS LTD768.8232.1624,723.7
KEC INTERNATIONAL LTD681.0120.8514,201.8
AFCONS INFRASTRUCTURE LTD450.2123.0210,364.2
KALPATARU PROJECTS INTERNATIONAL LTD818.2022.3918,322.2
NCC LTD767.5611.218,607.8
TECHNO ELECTRIC & ENGINEERING COMPANY LTD468.8325.6012,001.5
GR INFRAPROJECTS LTD911.288.567,798.4
ITD CEMENTATION INDIA LTD463.4419.569,067.0

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

Top 10 Industry PeersPE Ratio
Min industry PE 8.56x
Max industry PE 54.71x
Median industry PE 22.39x
Average industry PE 24.03x



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