LINDE INDIA
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The Current P/E Ratio of LINDE INDIA is 155.58.
Share Price | ₹7,673.8 | May 08,2024 |
Market Cap | ₹65,457.5 Cr | |
Earnings-TTM | ₹420.7 Cr | TTM-Consolidated Results |
Price/Earnings | 155.58x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of LINDE INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
LINDE INDIA | 420.74 | 155.58 | 65,457.5 |
GAIL (INDIA) LTD | 6,479.20 | 20.42 | 132,291.0 |
PETRONET LNG LTD | 3,384.18 | 13.64 | 46,147.5 |
CONFIDENCE PETROLEUM INDIA LTD | 115.12 | 24.68 | 2,841.4 |
IRM ENERGY LTD | 87.53 | 26.57 | 2,326.0 |
REFEX INDUSTRIES LTD | 110.27 | 16.38 | 1,806.4 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PE Analysis vs LINDE INDIA 's P/E Ratio
Top 10 Industry Peers | PE 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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