Larsen & Toubro P/E Ratio

Current P/E Ratio

27.7

High Valuation

High - Growth expectations or overvalued

Larsen & Toubro (LT) P/E ratio is 27.7 (High), EPS (TTM) ₹116.93, current price ₹3785.60 on NSE vs historical average P/E of 22.56 (80.0th percentile) — High - Growth expectations or overvalued. See LT price to book ratio to compare market price against book value per share.

Current Valuation Metrics

P/E Ratio 27.7

Current Price ₹3785.60

EPS (TTM) ₹116.93

Exchange NSE

Valuation Signal

Signal Overvalued

Historical Avg 22.56

Historical Range 14.52 - 34.78

Percentile 80.0%

Sector Context

Sector Average 43.13

Sector Median 18.98

Sector Rank #11 of 169

Sector Percentile 6.5%

Earnings Breakdown (TTM)

TTM EPS ₹133.53

Mar 2026 ₹38.71

Sept 2025 ₹28.54

LT P/E Ratio — Valuation Signal & Historical Context

Larsen & Toubro P/E 27.7 vs historical average 22.56, range 14.52–34.78 — signal: Overvalued. Read LT dividend yield for the complete payout history and dividend yield track record.

Stock appears overvalued with PE of 27.7, suggesting caution for new investments
Current PE is 22.8% above historical average
Trading at discount to sector average PE of 43.13

Larsen & Toubro P/E Ratio Historical Trend

LT annual price-to-earnings ratio — 10 years, EPS and year-end price. Current P/E 27.7 vs historical average 22.56. For live price, revenue and the complete fundamental profile, see Larsen & Toubro share price chart.

LT Historical P/E Ratio — EPS, Year-End Price & Valuation

Larsen & Toubro annual P/E ratio, EPS (₹), year-end price and valuation category on NSE.

Year	P/E Ratio	EPS (₹)	Year-end Price (₹)	Exchange	Valuation
2025	31.03	118.19	₹3667.50	NSE	High
2024	34.78	101.36	₹3525.45	NSE	High
2023	23.09	90.49	₹2089.45	NSE	Moderate
2022	26.74	71.91	₹1922.85	NSE	High
2021	21.84	59.39	₹1297.00	NSE	Moderate
2020	16.01	81.83	₹1309.95	NSE	Moderate
2019	20.71	69.64	₹1441.90	NSE	Moderate
2018	20.42	61.74	₹1260.70	NSE	Moderate
2017	14.52	62.44	₹906.40	NSE	Low
2016	16.43	52.3	₹859.47	NSE	Moderate

LT vs Construction Peers — P/E Ratio Comparison

Larsen & Toubro P/E 27.7 vs Construction average 43.13, median 18.98 — range 0.13–828.14.

Sector Average

43.13

Sector Median

18.98

Lowest P/E

0.13

Highest P/E

828.14

Companies

169

Company	Symbol	P/E Ratio	Market Cap (₹ Cr)	Valuation
Supreme Infrastructure	SUPREMEINF	0.13	₹861	Low
Ashoka Buildcon	ASHOKA	1.35	₹3,477	Low
Sadbhav Engineering	SADBHAV	1.45	₹138	Low
Sadbhav Infrastructure P…	SADBHIN	1.84	₹83	Low
Teerth Gopicon	TGL	2.03	₹25	Low
AVP Infracon	AVPINFRA	3.74	₹166	Low
Sonu Infratech	SONUINFRA	3.97	₹49	Low
Suntech Infra Solutions	SUNTECH	4.23	₹56	Low
Dilip Buildcon	DBL	4.72	₹6,646	Low
VL Infra Projects	VLINFRA	5.13	₹45	Low