LTCivil Construction
Larsen & Toubro Ltd — PE Ratio & Valuation Analysis
₹3504.10
-1.84%
Current P/E34.87xPrice to earnings
Industry P/E18.93xSector average
4Y Avg P/E39.3x11.2% below avg
⚠️
84.2% Premium to Industry
LT P/E 34.87x vs sector avg 18.93x
📊
Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2025 | ₹109.28 | ₹4084 | 37.4x |
| 2024 | ₹93.88 | ₹3608 | 38.4x |
| 2023 | ₹74.45 | ₹3526 | 47.4x |
| 2022 | ₹61.65 | ₹2086 | 33.8x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
💡
Understanding Larsen & Toubro Ltd Valuation
Larsen & Toubro Ltd (LT) currently trades at 34.87x earnings. The Civil Construction sector average PE is 18.93x. LT commands a premium, reflecting high growth expectations. Historically, LT has traded at an average PE of 39.3x — it is currently below that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only — not investment advice.
ROE
16.55%
Dividend Yield
0.83%
More on Larsen & Toubro Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.