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LINDE INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of LINDE INDIA is 105.74.

Share Price ₹6,091.3Oct 07,2026
Market Cap ₹51,958.4 Cr
Earnings-TTM₹491.4 CrTTM-Consolidated Results
Price/Earnings105.74xCalculated 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 [ ₹51,958.4 Cr] as on Oct 07,2026

(/) Earnings [ ₹491.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 105.74x ]

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 105.74 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 105.74x.

- LINDE INDIA 's p/e ratio for fiscal years ending Mar2026 to Dec2021 averaged 90.93x.

- LINDE INDIA 's operated at median p/e ratio of 105.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LINDE INDIA 's p/e ratio peaked in Mar2024 at 125.91x.

- LINDE INDIA 's p/e ratio hit its five-year low in Dec2021 of 41.88x.


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 491.37105.7451,958.4
PETRONET LNG LTD4,093.2410.8744,512.5
REFEX INDUSTRIES LTD287.1312.763,662.6
STALLION INDIA FLUOROCHEMICALS LTD52.0450.852,646.2
IRM ENERGY LTD76.9014.031,079.3

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

Top 10 Industry PeersPE Ratio
Min industry PE 10.87x
Max industry PE 105.74x
Median industry PE 14.03x
Average industry PE 38.85x



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