REFEX RENEWABLES & INFRASTRUCTURE
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The Current P/E Ratio of REFEX RENEWABLES & INFRASTRUCTURE is -3.97.
| Share Price | ₹340.7 | Sep 07,2026 |
| Market Cap | ₹153.3 Cr | |
| Earnings-TTM | ₹-38.6 Cr | TTM-Consolidated Results |
| Price/Earnings | -3.97x | 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 [ ₹153.3 Cr] as on Sep 07,2026
(/) Earnings [ ₹-38.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -3.97x ]
Thus, for REFEX RENEWABLES & INFRASTRUCTURE , the investors are currently willing to pay -3.97 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 | -38.58 | -3.97 | 153.3 |
| LARSEN & TOUBRO LTD | 19,816.70 | 27.25 | 540,027.0 |
| RAIL VIKAS NIGAM LTD | 805.17 | 53.60 | 43,159.9 |
| IRB INFRASTRUCTURE DEVELOPERS LTD | 954.14 | 24.14 | 23,032.8 |
| KALPATARU PROJECTS INTERNATIONAL LTD | 1,128.57 | 21.32 | 24,055.9 |
| CEMINDIA PROJECTS LTD | 601.20 | 36.25 | 21,793.0 |
| TECHNO ELECTRIC & ENGINEERING COMPANY LTD | 431.07 | 26.53 | 11,434.6 |
| ENGINEERS INDIA LTD | 686.87 | 22.35 | 15,352.2 |
| IRCON INTERNATIONAL LTD | 468.45 | 23.11 | 10,825.3 |
| KEC INTERNATIONAL LTD | 553.62 | 18.89 | 10,457.7 |
| AFCONS INFRASTRUCTURE LTD | 143.64 | 70.23 | 10,088.3 |
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 | -3.97x |
| Max industry PE | 70.23x |
| Median industry PE | 24.14x |
| Average industry PE | 29.06x |
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