Analysis Article • Jul 29
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- 7D5.1%
- 3M-6.7%
- 1Y7.0%
- YTDn/a
In the last week, the Industrial Gases industry is up 5.1%, with Linde India up 5.1%. This takes the industry's 12 month performance to a gain of 7.0%. Earnings are forecast to grow by 15% 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 |
|---|---|---|---|---|---|---|
| Sat, 08 Aug 2026 | ₹676.9b | ₹33.0b | ₹7.0b | 53.7x | 96.6x | 20.5x |
| Mon, 06 Jul 2026 | ₹673.0b | ₹33.0b | ₹7.0b | 43.6x | 96.1x | 20.4x |
| Wed, 03 Jun 2026 | ₹648.1b | ₹33.3b | ₹7.0b | 40.3x | 92.5x | 19.5x |
| Fri, 01 May 2026 | ₹680.0b | ₹33.2b | ₹7.4b | 47x | 92.4x | 20.5x |
| Sun, 29 Mar 2026 | ₹650.0b | ₹33.2b | ₹7.4b | 43x | 88.3x | 19.6x |
| Tue, 24 Feb 2026 | ₹619.4b | ₹33.2b | ₹7.4b | 52.3x | 84.2x | 18.7x |
| Thu, 22 Jan 2026 | ₹555.0b | ₹31.9b | ₹6.5b | 68.3x | 85.3x | 17.4x |
| Sat, 20 Dec 2025 | ₹569.1b | ₹31.9b | ₹6.5b | 75.5x | 87.5x | 17.8x |
| Mon, 17 Nov 2025 | ₹569.9b | ₹31.9b | ₹6.5b | 81.2x | 87.6x | 17.9x |
| Wed, 15 Oct 2025 | ₹619.9b | ₹32.2b | ₹5.8b | 69x | 106.8x | 19.2x |
| Fri, 12 Sep 2025 | ₹642.7b | ₹31.9b | ₹5.7b | 67x | 113.2x | 20.2x |
| Sun, 10 Aug 2025 | ₹627.8b | ₹31.7b | ₹5.7b | 57.3x | 110.5x | 19.8x |
| Tue, 08 Jul 2025 | ₹656.6b | ₹31.8b | ₹5.7b | 95.9x | 115.6x | 20.7x |
| Thu, 05 Jun 2025 | ₹648.6b | ₹28.7b | ₹4.8b | 79.9x | 133.8x | 22.6x |
| Sat, 03 May 2025 | ₹544.1b | ₹28.2b | ₹4.6b | 72.3x | 117.4x | 19.3x |
| Mon, 31 Mar 2025 | ₹538.9b | ₹28.2b | ₹4.6b | 71.7x | 116.3x | 19.1x |
| Wed, 26 Feb 2025 | ₹545.2b | ₹28.2b | ₹4.6b | 72.7x | 117.7x | 19.3x |
| Fri, 24 Jan 2025 | ₹510.6b | ₹29.1b | ₹4.7b | 75.4x | 108.9x | 17.6x |
| Sun, 22 Dec 2024 | ₹543.2b | ₹26.2b | ₹4.4b | 121.9x | 122.6x | 20.7x |
| Tue, 19 Nov 2024 | ₹558.4b | ₹26.2b | ₹4.5b | 67.6x | 125x | 21.3x |
| Thu, 17 Oct 2024 | ₹721.1b | ₹27.0b | ₹4.5b | 85.8x | 160.6x | 26.7x |
| Sat, 14 Sep 2024 | ₹701.5b | ₹27.0b | ₹4.5b | 84.3x | 156.2x | 26x |
| Mon, 12 Aug 2024 | ₹655.5b | ₹27.0b | ₹4.5b | 77.5x | 146x | 24.3x |
| Wed, 10 Jul 2024 | ₹770.8b | ₹27.7b | ₹4.3b | 101.7x | 177.4x | 27.8x |
| Fri, 07 Jun 2024 | ₹741.2b | ₹27.8b | ₹4.3b | 97.6x | 170.6x | 26.7x |
| Sun, 05 May 2024 | ₹706.5b | ₹27.7b | ₹4.3b | 86.5x | 164.5x | 25.5x |
| Tue, 02 Apr 2024 | ₹547.6b | ₹27.7b | ₹4.3b | 67.7x | 127.5x | 19.8x |
| Thu, 29 Feb 2024 | ₹471.3b | ₹28.1b | ₹4.3b | 7.6x | 109.4x | 16.8x |
| Sat, 27 Jan 2024 | ₹487.7b | ₹28.0b | ₹4.2b | 10.3x | 116.1x | 17.4x |
| Mon, 25 Dec 2023 | ₹488.1b | ₹28.0b | ₹4.2b | 9.4x | 116.2x | 17.5x |
| Wed, 22 Nov 2023 | ₹511.4b | ₹27.9b | ₹4.2b | 7.2x | 121.8x | 18.3x |
| Fri, 20 Oct 2023 | ₹555.5b | ₹27.7b | ₹4.0b | 69.5x | 139.6x | 20.1x |
| Sun, 17 Sep 2023 | ₹504.5b | ₹27.7b | ₹4.0b | 63.2x | 126.7x | 18.2x |
| Tue, 15 Aug 2023 | ₹416.8b | ₹27.7b | ₹4.0b | 52.2x | 104.6x | 15.1x |
Price to Earnings Ratio
104.6x
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 96.6x which is lower than its 3-year average PE of 119x.
- The industry is trading close to its 3-year average PS ratio of 20.4x.
Past Earnings Growth
- The earnings for companies in the Industrial Gases industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 6.1% 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 | 1.27% | |
| Materials | 2.84% | |
| Chemicals | 1.71% | |
| Industrial Gases | 5.14% | |
| Diversified Chemicals | 2.46% | |
| Commodity Chemicals | 2.09% | |
| Specialty Chemicals | 1.79% | |
| Fertilizers and Agricultural Chemicals | -0.068% | |
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 | ₹7.10k | 5.1% +₹29.5b | 11.3% | PE110.3x | |
| ELLEN Ellenbarrie Industrial Gases | ₹292.35 | 11.0% +₹4.1b | -43.9% | PE39.5x | |
| 509449 Bhagawati Oxygen | ₹38.02 | 5.6% +₹4.7m | -13.5% | PE2.7x | |
| 507813 National Oxygen | ₹57.40 | 0.9% +₹2.7m | -58.1% | PE15.8x |