REFEX RENEWABLES & INFRASTRUCTURE
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The Current P/E Ratio of REFEX RENEWABLES & INFRASTRUCTURE is -3.27.
| Share Price | ₹311.9 | May 25,2026 |
| Market Cap | ₹140.3 Cr | |
| Earnings-TTM | ₹-43.0 Cr | TTM-Consolidated Results |
| Price/Earnings | -3.27x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of REFEX RENEWABLES & INFRASTRUCTURE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹140.3 Cr] as on May 25,2026
(/) Earnings [ ₹-43.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -3.27x ]
Thus, for REFEX RENEWABLES & INFRASTRUCTURE , the investors are currently willing to pay -3.27 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 RENEWABLES & INFRASTRUCTURE !
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 RENEWABLES & INFRASTRUCTURE over the last five years.
Historical PE (Price/Earnings) ratio chart of REFEX RENEWABLES & INFRASTRUCTURE
PE Ratio Performance Analysis for REFEX RENEWABLES & INFRASTRUCTURE
- REFEX RENEWABLES & INFRASTRUCTURE 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 0.00x.
- REFEX RENEWABLES & INFRASTRUCTURE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, REFEX RENEWABLES & INFRASTRUCTURE 's p/e ratio peaked in Mar2025 at 0x.
- REFEX RENEWABLES & INFRASTRUCTURE 's p/e ratio hit its five-year low in Mar2025 of 0x.
How does REFEX RENEWABLES & INFRASTRUCTURE 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?
| Peer Comparison (Engineering - Construction Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| REFEX RENEWABLES & INFRASTRUCTURE | -42.95 | -3.27 | 140.3 |
| LARSEN & TOUBRO LTD | 19,159.40 | 28.99 | 555,478.0 |
| RAIL VIKAS NIGAM LTD | 776.80 | 69.76 | 54,189.7 |
| IRB INFRASTRUCTURE DEVELOPERS LTD | 850.36 | 30.76 | 26,160.9 |
| KALPATARU PROJECTS INTERNATIONAL LTD | 1,030.63 | 21.49 | 22,143.2 |
| CEMINDIA PROJECTS LTD | 590.53 | 27.47 | 16,221.9 |
| TECHNO ELECTRIC & ENGINEERING COMPANY LTD | 448.70 | 31.14 | 13,971.7 |
| ENGINEERS INDIA LTD | 644.21 | 20.11 | 12,952.3 |
| IRCON INTERNATIONAL LTD | 509.26 | 25.89 | 13,186.0 |
| KEC INTERNATIONAL LTD | 605.60 | 21.94 | 13,287.4 |
| AFCONS INFRASTRUCTURE LTD | 250.74 | 47.33 | 11,868.4 |
Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs REFEX RENEWABLES & INFRASTRUCTURE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -3.27x |
| Max industry PE | 69.76x |
| Median industry PE | 27.47x |
| Average industry PE | 29.24x |
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