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LINDE INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of LINDE INDIA is 155.58.

Share Price ₹7,673.8May 08,2024
Market Cap ₹65,457.5 Cr
Earnings-TTM₹420.7 CrTTM-Consolidated Results
Price/Earnings155.58xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LINDE INDIA

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 LINDE INDIA is calculated as :

Current Market Cap [ ₹65,457.5 Cr] as on May 08,2024

(/) Earnings [ ₹420.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 155.58x ]

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

Thus, for LINDE INDIA , the investors are currently willing to pay 155.58 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 LINDE INDIA !

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 LINDE INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of LINDE INDIA


PE Ratio Performance Analysis for LINDE INDIA

- LINDE INDIA 's latest p/e ratio is 155.58x.

- LINDE INDIA 's p/e ratio for fiscal years ending Mar2023 to Dec2018 averaged 78.93x.

- LINDE INDIA 's operated at median p/e ratio of 54.83x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LINDE INDIA 's p/e ratio peaked in Dec2018 at 226.26x.

- LINDE INDIA 's p/e ratio hit its five-year low in Dec2019 of 7.77x.


How does LINDE INDIA 's P/E Ratio benchmark against top 10 peers in Industrial Gases & Fuels Industry?

Peer Comparison (Industrial Gases & Fuels Industry)Earnings-TTM (Cr)PE RatioMarket Cap
LINDE INDIA 420.74155.5865,457.5
GAIL (INDIA) LTD6,479.2020.42132,291.0
PETRONET LNG LTD3,384.1813.6446,147.5
CONFIDENCE PETROLEUM INDIA LTD115.1224.682,841.4
IRM ENERGY LTD87.5326.572,326.0
REFEX INDUSTRIES LTD110.2716.381,806.4

Industrial Gases & Fuels Industry Benchmark (Top 10) PE Analysis vs LINDE INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.64x
Max industry PE 155.58x
Median industry PE 24.68x
Average industry PE 42.88x



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