PETRONET LNG
|
The Current P/E Ratio of PETRONET LNG is 12.15.
| Share Price | ₹313.7 | Nov 19,2024 |
| Market Cap | ₹47,055.0 Cr | |
| Earnings-TTM | ₹3,874.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 12.15x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of PETRONET LNG
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)
Current Market Cap [ ₹47,055.0 Cr] as on Nov 19,2024
(/) Earnings [ ₹3,874.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.15x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for PETRONET LNG , the investors are currently willing to pay 12.15 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 PETRONET LNG !
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 PETRONET LNG over the last five years.
Thus, for PETRONET LNG , the investors are currently willing to pay 12.15 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 PETRONET LNG !
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 PETRONET LNG over the last five years.
Historical PE (Price/Earnings) ratio chart of PETRONET LNG
PE Ratio Performance Analysis for PETRONET LNG
- PETRONET LNG 's latest p/e ratio is 12.15x.
- PETRONET LNG 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.43x.
- PETRONET LNG 's operated at median p/e ratio of 10.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PETRONET LNG 's p/e ratio peaked in Mar2021 at 11.48x.
- PETRONET LNG 's p/e ratio hit its five-year low in Mar2022 of 8.45x.
- PETRONET LNG 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.43x.
- PETRONET LNG 's operated at median p/e ratio of 10.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PETRONET LNG 's p/e ratio peaked in Mar2021 at 11.48x.
- PETRONET LNG 's p/e ratio hit its five-year low in Mar2022 of 8.45x.
How does PETRONET LNG '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 |
|---|---|---|---|
| PETRONET LNG | 3,874.12 | 12.15 | 47,055.0 |
| GAIL (INDIA) LTD | 9,795.23 | 12.52 | 122,658.0 |
| LINDE INDIA LTD | 437.41 | 129.40 | 56,602.3 |
| CONFIDENCE PETROLEUM INDIA LTD | 74.76 | 30.69 | 2,294.5 |
| IRM ENERGY LTD | 67.28 | 22.75 | 1,530.3 |
| REFEX INDUSTRIES LTD | 110.68 | 56.10 | 6,208.5 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PE Analysis vs PETRONET LNG 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 12.15x |
| Max industry PE | 129.40x |
| Median industry PE | 30.69x |
| Average industry PE | 43.93x |
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