PETRONET LNG
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The Current P/E Ratio of PETRONET LNG is 13.18.
Share Price | ₹297.4 | May 07,2024 |
Market Cap | ₹44,602.5 Cr | |
Earnings-TTM | ₹3,384.2 Cr | TTM-Consolidated Results |
Price/Earnings | 13.18x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PETRONET LNG
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹44,602.5 Cr] as on May 07,2024
(/) Earnings [ ₹3,384.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.18x ]
Thus, for PETRONET LNG , the investors are currently willing to pay 13.18 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 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 | 13.18 | 44,602.5 |
GAIL (INDIA) LTD | 6,479.20 | 19.56 | 126,735.0 |
LINDE INDIA LTD | 420.74 | 161.71 | 68,035.9 |
CONFIDENCE PETROLEUM INDIA LTD | 115.12 | 23.86 | 2,746.8 |
IRM ENERGY LTD | 87.53 | 26.35 | 2,306.1 |
REFEX INDUSTRIES LTD | 110.27 | 15.90 | 1,753.7 |
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 | 13.18x |
Max industry PE | 161.71x |
Median industry PE | 23.86x |
Average industry PE | 43.43x |
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