REFEX INDUSTRIES
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The Current P/E Ratio of REFEX INDUSTRIES is 15.19.
Share Price | ₹144.8 | May 10,2024 |
Market Cap | ₹1,675.3 Cr | |
Earnings-TTM | ₹110.3 Cr | TTM-Consolidated Results |
Price/Earnings | 15.19x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of REFEX INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,675.3 Cr] as on May 10,2024
(/) Earnings [ ₹110.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 15.19x ]
Thus, for REFEX INDUSTRIES , the investors are currently willing to pay 15.19 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 REFEX INDUSTRIES !
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 REFEX INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of REFEX INDUSTRIES
PE Ratio Performance Analysis for REFEX INDUSTRIES
- REFEX INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2018 averaged 7.36x.
- REFEX INDUSTRIES 's operated at median p/e ratio of 4.52x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, REFEX INDUSTRIES 's p/e ratio peaked in Mar2018 at 24.15x.
- REFEX INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 1.53x.
How does REFEX INDUSTRIES '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 |
---|---|---|---|
REFEX INDUSTRIES | 110.27 | 15.19 | 1,675.3 |
GAIL (INDIA) LTD | 6,479.20 | 19.53 | 126,571.0 |
LINDE INDIA LTD | 420.74 | 158.32 | 66,613.0 |
PETRONET LNG LTD | 3,384.18 | 13.29 | 44,970.0 |
CONFIDENCE PETROLEUM INDIA LTD | 115.12 | 23.78 | 2,738.0 |
IRM ENERGY LTD | 87.53 | 26.09 | 2,283.3 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PE Analysis vs REFEX INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 13.29x |
Max industry PE | 158.32x |
Median industry PE | 23.78x |
Average industry PE | 42.70x |
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