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IRCON INTERNATIONAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of IRCON INTERNATIONAL is 22.07.

Share Price ₹130.7Mar 04,2026
Market Cap ₹12,287.6 Cr
Earnings-TTM₹556.8 CrTTM-Consolidated Results
Price/Earnings22.07xCalculated 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 [ ₹12,287.6 Cr] as on Mar 04,2026

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

(=) P/E Ratio [ 22.07x ]

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 22.07 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 22.07x.

- 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 556.8222.0712,287.6
LARSEN & TOUBRO LTD18,975.3028.14534,033.0
RAIL VIKAS NIGAM LTD1,005.9558.4358,776.7
IRB INFRASTRUCTURE DEVELOPERS LTD768.8231.2624,035.2
KEC INTERNATIONAL LTD681.0121.2414,466.6
AFCONS INFRASTRUCTURE LTD450.2122.8010,264.9
KALPATARU PROJECTS INTERNATIONAL LTD818.2023.4119,151.3
NCC LTD767.5611.749,009.6
TECHNO ELECTRIC & ENGINEERING COMPANY LTD468.8327.8913,076.7
GR INFRAPROJECTS LTD911.289.929,043.7
ITD CEMENTATION INDIA LTD463.4420.499,497.3

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

Top 10 Industry PeersPE Ratio
Min industry PE 9.92x
Max industry PE 58.43x
Median industry PE 22.80x
Average industry PE 25.22x



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