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- 7D6.7%
- 3M26.6%
- 1Y30.1%
- YTDn/a
Over the last 7 days, the Industrial Gases industry has risen 6.7%, driven by gains from Linde India of 6.7%. This means that the industry has gained 30% over the past year. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Sun, 10 May 2026 | ₹725.3b | ₹33.2b | ₹7.4b | 49.7x | 98.5x | 21.9x |
| Tue, 07 Apr 2026 | ₹652.2b | ₹33.2b | ₹7.4b | 43.5x | 88.6x | 19.7x |
| Thu, 05 Mar 2026 | ₹612.5b | ₹33.2b | ₹7.4b | 47.7x | 83.2x | 18.5x |
| Sat, 31 Jan 2026 | ₹564.9b | ₹32.1b | ₹6.5b | 70.4x | 86.6x | 17.6x |
| Mon, 29 Dec 2025 | ₹575.7b | ₹31.9b | ₹6.5b | 75.9x | 88.5x | 18.1x |
| Wed, 26 Nov 2025 | ₹573.2b | ₹31.9b | ₹6.5b | 78.8x | 88.1x | 18x |
| Fri, 24 Oct 2025 | ₹612.4b | ₹32.2b | ₹5.8b | 67.2x | 105.5x | 19x |
| Sun, 21 Sep 2025 | ₹630.3b | ₹31.9b | ₹5.7b | 66.1x | 111x | 19.8x |
| Tue, 19 Aug 2025 | ₹627.4b | ₹31.9b | ₹5.7b | 57.9x | 110.5x | 19.7x |
| Thu, 17 Jul 2025 | ₹665.1b | ₹31.8b | ₹5.7b | 96.5x | 117.1x | 20.9x |
| Sat, 14 Jun 2025 | ₹615.4b | ₹28.7b | ₹4.8b | 76.7x | 126.9x | 21.5x |
| Mon, 12 May 2025 | ₹524.0b | ₹28.2b | ₹4.6b | 69.4x | 113.1x | 18.6x |
| Wed, 09 Apr 2025 | ₹511.0b | ₹28.2b | ₹4.6b | 69.5x | 110.3x | 18.1x |
| Fri, 07 Mar 2025 | ₹523.8b | ₹28.2b | ₹4.6b | 70x | 113.1x | 18.6x |
| Sun, 02 Feb 2025 | ₹544.1b | ₹29.1b | ₹4.7b | 75.1x | 116x | 18.7x |
| Tue, 31 Dec 2024 | ₹497.3b | ₹26.2b | ₹4.4b | 111.5x | 112.3x | 18.9x |
| Thu, 28 Nov 2024 | ₹600.9b | ₹26.2b | ₹4.4b | 134.8x | 135.6x | 22.9x |
| Sat, 26 Oct 2024 | ₹652.4b | ₹27.0b | ₹4.5b | 77.8x | 145.3x | 24.2x |
| Mon, 23 Sep 2024 | ₹697.1b | ₹27.0b | ₹4.5b | 83.8x | 155.2x | 25.8x |
| Wed, 21 Aug 2024 | ₹632.3b | ₹27.0b | ₹4.5b | 75.4x | 140.8x | 23.4x |
| Fri, 19 Jul 2024 | ₹717.0b | ₹27.7b | ₹4.3b | 95.4x | 165x | 25.9x |
| Sun, 16 Jun 2024 | ₹790.2b | ₹27.7b | ₹4.3b | 103.9x | 181.9x | 28.5x |
| Tue, 14 May 2024 | ₹676.1b | ₹27.7b | ₹4.3b | 82.7x | 157.5x | 24.4x |
| Thu, 11 Apr 2024 | ₹594.0b | ₹27.7b | ₹4.3b | 73.5x | 138.3x | 21.4x |
| Sat, 09 Mar 2024 | ₹475.9b | ₹28.1b | ₹4.3b | 7.4x | 110.5x | 17x |
| Mon, 05 Feb 2024 | ₹473.6b | ₹28.0b | ₹4.2b | 10.6x | 112.7x | 16.9x |
| Wed, 03 Jan 2024 | ₹477.5b | ₹28.0b | ₹4.2b | 11.7x | 113.6x | 17.1x |
| Fri, 01 Dec 2023 | ₹489.9b | ₹27.9b | ₹4.2b | 7.3x | 116.7x | 17.5x |
| Sun, 29 Oct 2023 | ₹508.2b | ₹27.7b | ₹4.0b | 63.6x | 127.7x | 18.4x |
| Tue, 26 Sep 2023 | ₹500.2b | ₹27.7b | ₹4.0b | 62.6x | 125.7x | 18.1x |
| Thu, 24 Aug 2023 | ₹507.4b | ₹27.7b | ₹4.0b | 63.5x | 127.5x | 18.3x |
| Sat, 22 Jul 2023 | ₹389.8b | ₹26.4b | ₹4.7b | 41.4x | 82.9x | 14.8x |
| Mon, 19 Jun 2023 | ₹382.2b | ₹26.4b | ₹4.7b | 40.6x | 81.3x | 14.5x |
| Wed, 17 May 2023 | ₹329.4b | ₹24.9b | ₹3.9b | 41.6x | 83.5x | 13.2x |
Price to Earnings Ratio
83.5x
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 98.5x which is lower than its 3-year average PE of 118x.
- The 3-year average PS ratio of 19.9x is lower than the industry's current PS ratio of 21.9x.
Past Earnings Growth
- The earnings for companies in the Industrial Gases industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 10% 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 | 2.14% | |
| Materials | 3.60% | |
| Chemicals | 4.89% | |
| Industrial Gases | 6.65% | |
| Diversified Chemicals | 7.46% | |
| Commodity Chemicals | 5.80% | |
| Specialty Chemicals | 4.82% | |
| Fertilizers and Agricultural Chemicals | 1.74% | |
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 | ₹7.81k | 6.7% +₹41.7b | 28.4% | PE112.9x | |
| ELLEN Ellenbarrie Industrial Gases | ₹284.55 | 6.1% +₹2.3b | n/a | PE40.2x | |
| STALLION Stallion India Fluorochemicals | ₹160.95 | 7.3% +₹1.3b | 151.4% | PE40.4x | |
| 507813 National Oxygen | ₹77.91 | 12.6% +₹43.9m | -21.7% | PE38.4x | |
| 509449 Bhagawati Oxygen | ₹37.50 | 5.2% +₹4.3m | -3.8% | PE58.9x |