IRM ENERGY
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The Current P/E Ratio of IRM ENERGY is 26.06.
| Share Price | ₹555.0 | Apr 29,2024 |
| Market Cap | ₹2,280.8 Cr | |
| Earnings-TTM | ₹87.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 26.06x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of IRM ENERGY
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)
Current Market Cap [ ₹2,280.8 Cr] as on Apr 29,2024
(/) Earnings [ ₹87.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.06x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for IRM ENERGY , the investors are currently willing to pay 26.06 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 IRM ENERGY !
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 IRM ENERGY over the last five years.
Thus, for IRM ENERGY , the investors are currently willing to pay 26.06 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 IRM ENERGY !
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 IRM ENERGY over the last five years.
Historical PE (Price/Earnings) ratio chart of IRM ENERGY
PE Ratio Performance Analysis for IRM ENERGY
- IRM ENERGY 's latest p/e ratio is 26.06x.
- IRM ENERGY 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.00x.
- IRM ENERGY 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, IRM ENERGY 's p/e ratio peaked in Mar2023 at 0x.
- IRM ENERGY 's p/e ratio hit its five-year low in Mar2023 of 0x.
- IRM ENERGY 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.00x.
- IRM ENERGY 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, IRM ENERGY 's p/e ratio peaked in Mar2023 at 0x.
- IRM ENERGY 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does IRM ENERGY 's P/E Ratio benchmark against top 10 peers in Industrial Gases & Fuels Industry?
| Peer Comparison (Industrial Gases & Fuels Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| IRM ENERGY | 87.53 | 26.06 | 2,280.8 |
| GAIL (INDIA) LTD | 6,479.20 | 21.27 | 137,781.0 |
| LINDE INDIA LTD | 420.74 | 168.15 | 70,748.0 |
| PETRONET LNG LTD | 3,384.18 | 13.52 | 45,765.0 |
| CONFIDENCE PETROLEUM INDIA LTD | 115.12 | 24.90 | 2,866.2 |
| REFEX INDUSTRIES LTD | 110.27 | 17.75 | 1,957.3 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PE Analysis vs IRM ENERGY 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 13.52x |
| Max industry PE | 168.15x |
| Median industry PE | 24.90x |
| Average industry PE | 45.27x |
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