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IRCON INTERNATIONAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of IRCON INTERNATIONAL is 19.81.

Share Price ₹98.7Oct 27,2026
Market Cap ₹9,278.0 Cr
Earnings-TTM₹468.5 CrTTM-Consolidated Results
Price/Earnings19.81xCalculated 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 [ ₹9,278.0 Cr] as on Oct 27,2026

(/) Earnings [ ₹468.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 19.81x ]

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 19.81 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 19.81x.

- IRCON INTERNATIONAL 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 14.75x.

- IRCON INTERNATIONAL 's operated at median p/e ratio of 18.22x 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 Mar2022 of 6.31x.


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 468.4519.819,278.0
LARSEN & TOUBRO LTD21,044.8023.99504,953.0
RAIL VIKAS NIGAM LTD805.1746.8737,738.9
IRB INFRASTRUCTURE DEVELOPERS LTD954.1420.0419,119.5
KALPATARU PROJECTS INTERNATIONAL LTD1,128.5719.8722,421.6
CEMINDIA PROJECTS LTD601.2036.9522,213.8
TECHNO ELECTRIC & ENGINEERING COMPANY LTD431.0722.449,675.0
ENGINEERS INDIA LTD686.8720.4914,073.5
KEC INTERNATIONAL LTD553.6215.958,829.9
AFCONS INFRASTRUCTURE LTD143.6453.637,703.3
WAAREE RENEWABLE TECHNOLOGIES LTD476.3614.897,092.1

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

Top 10 Industry PeersPE Ratio
Min industry PE 14.89x
Max industry PE 53.63x
Median industry PE 20.49x
Average industry PE 26.81x



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