REFEX RENEWABLES & INFRASTRUCTURE
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The Current P/E Ratio of REFEX RENEWABLES & INFRASTRUCTURE is -3.88.
| Share Price | ₹319.0 | Jan 09,2026 |
| Market Cap | ₹143.6 Cr | |
| Earnings-TTM | ₹-37.0 Cr | TTM-Consolidated Results |
| Price/Earnings | -3.88x | 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 [ ₹143.6 Cr] as on Jan 09,2026
(/) Earnings [ ₹-37.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -3.88x ]
Thus, for REFEX RENEWABLES & INFRASTRUCTURE , the investors are currently willing to pay -3.88 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 | -37.02 | -3.88 | 143.6 |
| LARSEN & TOUBRO LTD | 19,147.10 | 28.93 | 553,912.0 |
| RAIL VIKAS NIGAM LTD | 992.88 | 69.80 | 69,306.1 |
| IRB INFRASTRUCTURE DEVELOPERS LTD | 6,584.14 | 3.81 | 25,061.8 |
| KEC INTERNATIONAL LTD | 683.11 | 26.88 | 18,365.1 |
| AFCONS INFRASTRUCTURE LTD | 502.25 | 26.60 | 13,361.6 |
| KALPATARU PROJECTS INTERNATIONAL LTD | 808.74 | 23.56 | 19,051.4 |
| IRCON INTERNATIONAL LTD | 560.05 | 27.53 | 15,419.8 |
| NCC LTD | 829.92 | 11.25 | 9,336.1 |
| TECHNO ELECTRIC & ENGINEERING COMPANY LTD | 445.57 | 26.28 | 11,707.9 |
| GR INFRAPROJECTS LTD | 905.74 | 10.30 | 9,332.1 |
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 | -3.88x |
| Max industry PE | 69.80x |
| Median industry PE | 26.28x |
| Average industry PE | 22.82x |
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