PETRONET LNG
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The Current P/E Ratio of PETRONET LNG is 13.35.
Share Price | ₹316.1 | Jan 31,2025 |
Market Cap | ₹47,415.0 Cr | |
Earnings-TTM | ₹3,550.4 Cr | TTM-Consolidated Results |
Price/Earnings | 13.35x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PETRONET LNG
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹47,415.0 Cr] as on Jan 31,2025
(/) Earnings [ ₹3,550.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.35x ]
Thus, for PETRONET LNG , the investors are currently willing to pay 13.35 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 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 | 3,550.41 | 13.35 | 47,415.0 |
GAIL (INDIA) LTD | 10,793.70 | 10.79 | 116,511.0 |
LINDE INDIA LTD | 437.41 | 122.45 | 53,560.6 |
CONFIDENCE PETROLEUM INDIA LTD | 74.76 | 30.47 | 2,277.8 |
IRM ENERGY LTD | 67.28 | 19.16 | 1,289.1 |
REFEX INDUSTRIES LTD | 143.84 | 42.06 | 6,049.6 |
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 | 10.79x |
Max industry PE | 122.45x |
Median industry PE | 30.47x |
Average industry PE | 39.71x |
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