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- 7D2.8%
- 3M1.1%
- 1Y12.0%
- YTDn/a
Over the last 7 days, the Industrial Gases industry has risen 2.8%, driven by gains from Linde India of 3.1%. During this same period, the National Oxygen underperformed, falling 20%. This means that the industry has gained 12% over the past year. Earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Indian Industrial Gases Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Jun 2026 | ₹677.0b | ₹33.0b | ₹7.0b | 44.4x | 96.7x | 20.5x |
| Fri, 22 May 2026 | ₹680.9b | ₹32.8b | ₹7.3b | 49.9x | 92.8x | 20.8x |
| Sun, 19 Apr 2026 | ₹673.0b | ₹33.2b | ₹7.4b | 49.3x | 91.4x | 20.3x |
| Tue, 17 Mar 2026 | ₹633.8b | ₹33.2b | ₹7.4b | 43.7x | 86.1x | 19.1x |
| Thu, 12 Feb 2026 | ₹603.5b | ₹32.7b | ₹7.4b | 52.2x | 82x | 18.4x |
| Sat, 10 Jan 2026 | ₹563.5b | ₹31.9b | ₹6.5b | 71.5x | 86.6x | 17.7x |
| Mon, 08 Dec 2025 | ₹569.6b | ₹31.9b | ₹6.5b | 76x | 87.5x | 17.9x |
| Wed, 05 Nov 2025 | ₹596.0b | ₹32.2b | ₹5.8b | 59.5x | 102.7x | 18.5x |
| Fri, 03 Oct 2025 | ₹623.0b | ₹31.9b | ₹5.7b | 69.8x | 109.7x | 19.6x |
| Sun, 31 Aug 2025 | ₹629.3b | ₹31.9b | ₹5.7b | 59.7x | 110.8x | 19.8x |
| Tue, 29 Jul 2025 | ₹643.4b | ₹32.1b | ₹5.7b | 61.9x | 112.9x | 20x |
| Thu, 26 Jun 2025 | ₹569.6b | ₹28.7b | ₹4.8b | 71.5x | 117.5x | 19.9x |
| Sat, 24 May 2025 | ₹608.6b | ₹29.0b | ₹4.7b | 77.5x | 129x | 21x |
| Mon, 21 Apr 2025 | ₹538.0b | ₹28.2b | ₹4.6b | 72.3x | 116.1x | 19.1x |
| Wed, 19 Mar 2025 | ₹529.0b | ₹28.2b | ₹4.6b | 71.7x | 114.2x | 18.7x |
| Fri, 14 Feb 2025 | ₹493.5b | ₹28.2b | ₹4.6b | 70.2x | 106.6x | 17.5x |
| Sun, 12 Jan 2025 | ₹549.9b | ₹26.2b | ₹4.4b | 123.3x | 124.1x | 21x |
| Tue, 10 Dec 2024 | ₹580.2b | ₹26.2b | ₹4.4b | 130.2x | 131x | 22.1x |
| Thu, 07 Nov 2024 | ₹675.7b | ₹27.0b | ₹4.5b | 80.3x | 150.5x | 25x |
| Sat, 05 Oct 2024 | ₹682.7b | ₹27.0b | ₹4.5b | 81.8x | 152x | 25.3x |
| Mon, 02 Sep 2024 | ₹616.5b | ₹27.0b | ₹4.5b | 75.6x | 137.3x | 22.8x |
| Wed, 31 Jul 2024 | ₹682.4b | ₹27.7b | ₹4.3b | 91.2x | 157.1x | 24.6x |
| Fri, 28 Jun 2024 | ₹697.4b | ₹27.7b | ₹4.3b | 93.4x | 160.5x | 25.2x |
| Sun, 26 May 2024 | ₹776.7b | ₹27.7b | ₹4.3b | 94.3x | 180.9x | 28x |
| Tue, 23 Apr 2024 | ₹629.2b | ₹27.7b | ₹4.3b | 77.2x | 146.5x | 22.7x |
| Thu, 21 Mar 2024 | ₹551.7b | ₹27.7b | ₹4.3b | 67.9x | 128.5x | 19.9x |
| Sat, 17 Feb 2024 | ₹493.4b | ₹28.1b | ₹4.3b | 7.5x | 114.5x | 17.6x |
| Mon, 15 Jan 2024 | ₹472.9b | ₹28.0b | ₹4.2b | 11.7x | 112.6x | 16.9x |
| Wed, 13 Dec 2023 | ₹487.8b | ₹27.9b | ₹4.2b | 7.2x | 116.2x | 17.5x |
| Fri, 10 Nov 2023 | ₹521.5b | ₹27.9b | ₹4.2b | 62.5x | 125.4x | 18.7x |
| Sun, 08 Oct 2023 | ₹511.1b | ₹27.7b | ₹4.0b | 64x | 128.4x | 18.5x |
| Tue, 05 Sep 2023 | ₹562.5b | ₹27.7b | ₹4.0b | 70.4x | 141.3x | 20.3x |
| Thu, 03 Aug 2023 | ₹420.4b | ₹26.4b | ₹4.7b | 44.6x | 89.4x | 15.9x |
| Sat, 01 Jul 2023 | ₹368.0b | ₹26.4b | ₹4.7b | 39.1x | 78.3x | 14x |
Price to Earnings Ratio
78.3x
Current Industry PE
- Investors are pessimistic on the Indian Industrial Gases industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 96.7x which is lower than its 3-year average PE of 119x.
- The industry is trading close to its 3-year average PS ratio of 20.2x.
Past Earnings Growth
- The earnings for companies in the Industrial Gases industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 7.8% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Industrial Gases compare with similar industries?
| IN Market | 0.57% | |
| Materials | -0.66% | |
| Chemicals | 0.33% | |
| Industrial Gases | 2.80% | |
| Commodity Chemicals | 3.98% | |
| Diversified Chemicals | 0.021% | |
| Specialty Chemicals | -0.34% | |
| Fertilizers and Agricultural Chemicals | -3.54% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 523457 Linde India | ₹7.13k | 1.5% +₹9.1b | 8.1% | PE110.8x | |
| STALLION Stallion India Fluorochemicals | ₹189.13 | 0.6% +₹131.2m | 142.0% | PE50.1x | |
| 509449 Bhagawati Oxygen | ₹34.12 | 0.4% +₹277.6k | -25.7% | PE2.4x |