PETRONET LNG
|
The Current P/E Ratio of PETRONET LNG is 13.65.
| Share Price | ₹308.0 | Apr 16,2024 |
| Market Cap | ₹46,192.5 Cr | |
| Earnings-TTM | ₹3,384.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 13.65x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of PETRONET LNG
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 [ ₹46,192.5 Cr] as on Apr 16,2024
(/) Earnings [ ₹3,384.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.65x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for PETRONET LNG , the investors are currently willing to pay 13.65 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 PETRONET LNG !
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 PETRONET LNG over the last five years.
Thus, for PETRONET LNG , the investors are currently willing to pay 13.65 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 PETRONET LNG !
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 PETRONET LNG over the last five years.
Historical PE (Price/Earnings) ratio chart of PETRONET LNG
PE Ratio Performance Analysis for PETRONET LNG
- PETRONET LNG 's latest p/e ratio is 13.65x.
- PETRONET LNG 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.64x.
- PETRONET LNG 's operated at median p/e ratio of 11.09x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PETRONET LNG 's p/e ratio peaked in Mar2019 at 16.85x.
- PETRONET LNG 's p/e ratio hit its five-year low in Mar2022 of 8.45x.
- PETRONET LNG 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.64x.
- PETRONET LNG 's operated at median p/e ratio of 11.09x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PETRONET LNG 's p/e ratio peaked in Mar2019 at 16.85x.
- PETRONET LNG 's p/e ratio hit its five-year low in Mar2022 of 8.45x.
How does PETRONET LNG '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 |
|---|---|---|---|
| PETRONET LNG | 3,384.18 | 13.65 | 46,192.5 |
| GAIL (INDIA) LTD | 6,479.20 | 20.88 | 135,316.0 |
| LINDE INDIA LTD | 420.74 | 140.05 | 58,922.4 |
| CONFIDENCE PETROLEUM INDIA LTD | 115.12 | 24.56 | 2,827.8 |
| IRM ENERGY LTD | 87.53 | 21.81 | 1,909.5 |
| REFEX INDUSTRIES LTD | 110.27 | 14.83 | 1,635.2 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PE Analysis vs PETRONET LNG 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 13.65x |
| Max industry PE | 140.05x |
| Median industry PE | 21.81x |
| Average industry PE | 39.30x |
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