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LINDE INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of LINDE INDIA is 121.52.

Share Price ₹6,186.3Feb 07,2025
Market Cap ₹52,768.7 Cr
Earnings-TTM₹434.2 CrTTM-Consolidated Results
Price/Earnings121.52xCalculated 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 [ ₹52,768.7 Cr] as on Feb 07,2025

(/) Earnings [ ₹434.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 121.52x ]

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 121.52 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 121.52x.

- LINDE INDIA 's p/e ratio for fiscal years ending Mar2024 to Dec2019 averaged 58.86x.

- LINDE INDIA 's operated at median p/e ratio of 54.83x 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 Dec2019 of 7.77x.


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 434.25121.5252,768.7
GAIL (INDIA) LTD10,793.7010.42112,434.0
PETRONET LNG LTD3,550.4113.3247,287.5
CONFIDENCE PETROLEUM INDIA LTD73.3430.552,240.3
IRM ENERGY LTD67.2819.111,286.0
REFEX INDUSTRIES LTD143.8439.835,728.6

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

Top 10 Industry PeersPE Ratio
Min industry PE 10.42x
Max industry PE 121.52x
Median industry PE 30.55x
Average industry PE 39.12x



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