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LINDE INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of LINDE INDIA is 111.79.

Share Price ₹7,005.5Apr 01,2026
Market Cap ₹59,756.5 Cr
Earnings-TTM₹534.6 CrTTM-Consolidated Results
Price/Earnings111.79xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LINDE INDIA

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of LINDE INDIA is calculated as :

Current Market Cap [ ₹59,756.5 Cr] as on Apr 01,2026

(/) Earnings [ ₹534.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 111.79x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for LINDE INDIA , the investors are currently willing to pay 111.79 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 LINDE INDIA !

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 LINDE INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of LINDE INDIA


PE Ratio Performance Analysis for LINDE INDIA

- LINDE INDIA 's latest p/e ratio is 111.79x.

- LINDE INDIA 's p/e ratio for fiscal years ending Mar2025 to Dec2020 averaged 80.74x.

- LINDE INDIA 's operated at median p/e ratio of 63.9x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LINDE INDIA 's p/e ratio peaked in Mar2024 at 125.91x.

- LINDE INDIA 's p/e ratio hit its five-year low in Dec2021 of 41.88x.


How does LINDE INDIA 's P/E Ratio benchmark against top 10 peers in Industrial Gases & Fuels Industry?

Peer Comparison (Industrial Gases & Fuels Industry)Earnings-TTM (Cr)PE RatioMarket Cap
LINDE INDIA 534.56111.7959,756.5
GAIL (INDIA) LTD7,279.9212.7092,478.8
PETRONET LNG LTD3,539.4010.9338,685.0
REFEX INDUSTRIES LTD175.0915.882,780.4
CONFIDENCE PETROLEUM INDIA LTD88.0116.601,460.9
IRM ENERGY LTD48.2115.77760.4

Industrial Gases & Fuels Industry Benchmark (Top 10) PE Analysis vs LINDE INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.93x
Max industry PE 111.79x
Median industry PE 15.88x
Average industry PE 30.61x



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