IRM ENERGY
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The Current P/E Ratio of IRM ENERGY is 23.82.
Share Price | ₹311.5 | Apr 02,2025 |
Market Cap | ₹1,280.1 Cr | |
Earnings-TTM | ₹53.7 Cr | TTM-Consolidated Results |
Price/Earnings | 23.82x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of IRM ENERGY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,280.1 Cr] as on Apr 02,2025
(/) Earnings [ ₹53.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.82x ]
Thus, for IRM ENERGY , the investors are currently willing to pay 23.82 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 IRM ENERGY !
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 IRM ENERGY over the last five years.
Historical PE (Price/Earnings) ratio chart of IRM ENERGY
PE Ratio Performance Analysis for IRM ENERGY
- IRM ENERGY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.69x.
- IRM ENERGY '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, IRM ENERGY 's p/e ratio peaked in Mar2024 at 23.46x.
- IRM ENERGY 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does IRM ENERGY '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 |
---|---|---|---|
IRM ENERGY | 53.73 | 23.82 | 1,280.1 |
GAIL (INDIA) LTD | 10,793.70 | 11.18 | 120,686.0 |
LINDE INDIA LTD | 434.25 | 122.47 | 53,180.7 |
PETRONET LNG LTD | 3,550.41 | 12.63 | 44,842.5 |
REFEX INDUSTRIES LTD | 143.84 | 36.75 | 5,286.1 |
CONFIDENCE PETROLEUM INDIA LTD | 73.34 | 23.04 | 1,690.1 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PE Analysis vs IRM ENERGY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.18x |
Max industry PE | 122.47x |
Median industry PE | 23.82x |
Average industry PE | 38.32x |
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