REFEXIndustrial Gases
Refex Industries Ltd — PE Ratio & Valuation Analysis
₹189.49
-4.55%
Current P/E26.33xPrice to earnings
Industry P/E45.88xSector average
4Y Avg P/E25.7x2.7% above avg
✅
42.6% Discount to Industry
REFEX P/E 26.33x vs sector avg 45.88x
📊
Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2025 | ₹12.38 | ₹260 | 21x |
| 2024 | ₹8.36 | ₹481 | 57.5x |
| 2023 | ₹10.77 | ₹120 | 11.2x |
| 2022 | ₹4.32 | ₹56 | 12.9x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
💡
Understanding Refex Industries Ltd Valuation
Refex Industries Ltd (REFEX) currently trades at 26.33x earnings. The Industrial Gases sector average PE is 45.88x. REFEX is trading at a discount to peers — may indicate relative value. Historically, REFEX has traded at an average PE of 25.7x — it is currently above 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
18.91%
Dividend Yield
0.15%
More on Refex Industries Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.