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Larsen & ToubroLTOUF 95 EV-to-EBITDA is 16.58 as of Jul. 17, 2026, which is 3% above its 10-year median of 16.09. GuruFocus rates LTOUF with a GF Score™ of 95/100 and a GF Value™ of $45.02 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,482 Construction companies, Larsen & Toubro ranks worse than 74.43% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Larsen & Toubro's enterprise value is $64,842 Mil.
Larsen & Toubro's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $3,910 Mil. Therefore, Larsen & Toubro's EV-to-EBITDA for today is 16.58.
The historical rank and industry rank for Larsen & Toubro's EV-to-EBITDA or its related term are showing as below:
LTOUF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.27 Med: 16.09 Max: 22.22
Current: 17.47
During the past 13 years, the highest EV-to-EBITDA of Larsen & Toubro was 22.22. The lowest was 6.27. And the median was 16.09.
LTOUF's EV-to-EBITDA is ranked worse than 74.43% of 1482
companies
in the Construction industry
Industry Median: 9.065
vs LTOUF: 17.47
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Larsen & Toubro's PE Ratio (TTM) for today is calculated as:
Larsen & Toubro's share price for today is $41.95.
Larsen & Toubro's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.305.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Larsen & Toubro's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Engineering & Construction subindustry, Larsen & Toubro's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Larsen & Toubro EV-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Larsen & Toubro's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Larsen & Toubro's EV-to-EBITDA falls into.
Larsen & Toubro's current Enterprise Value is $64,842 Mil.
Larsen & Toubro's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,910 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Larsen & Toubro (LTOUF) has a EV-to-EBITDA of 16.58 as of Jul. 17, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Larsen & Toubro. This is near median its historical median of 16.09. Over the past decade, Larsen & Toubro's EV-to-EBITDA has ranged from 6.27 to 22.22. According to the industry distribution chart, Larsen & Toubro ranks #1103 out of 1482 companies in the Construction industry, placing it in the top 74.4%.
Is Larsen & Toubro's EV-to-EBITDA too high?
Larsen & Toubro's current EV-to-EBITDA of 16.58 is near median its 10-year median of 16.09. Over the past 10 years, this metric has ranged from a low of 6.27 to a high of 22.22. The Construction industry median EV-to-EBITDA is 9.07. Larsen & Toubro's value of 16.58 is 82.9% above this industry median. Based on the distribution chart, Larsen & Toubro ranks #1103 out of 1482 companies in the Construction industry, which is below the industry midpoint. Overall, Larsen & Toubro has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Larsen & Toubro's EV-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Larsen & Toubro ranks #1103 out of 1482 companies for EV-to-EBITDA. This places Larsen & Toubro in the lower half of its industry. The industry median EV-to-EBITDA is 9.07. Larsen & Toubro's value of 16.58 is 82.9% above this benchmark. Historically, Larsen & Toubro's own EV-to-EBITDA has ranged from 6.27 to 22.22 over the past decade. While the company's 10-year median is 16.09 vs. the industry median of 9.07, Larsen & Toubro has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Construction company?
The median EV-to-EBITDA among Construction companies is 9.07, based on 1,482 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Larsen & Toubro's current EV-to-EBITDA of 16.58 is 82.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Larsen & Toubro. For the Construction industry, the median EV-to-EBITDA is 9.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Larsen & Toubro's current EV-to-EBITDA is 16.58, which is near median its own 10-year median of 16.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Larsen & Toubro stock overvalued right now?
Based on GuruFocus' analysis, Larsen & Toubro (LTOUF) is currently considered Fairly Valued. The stock's GF Value™ is $45.02, compared to a current price of $41.95 — trading 6.8% below its estimated fair value. The current EV-to-EBITDA is 16.58, which is near median its 10-year median of 16.09 and 82.9% above the Construction industry median of 9.07. Larsen & Toubro's overall GF Score™ is 95/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Larsen & Toubro (LTOUF), the current EV-to-EBITDA is 16.58 as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Larsen & Toubro (LTOUF) Overvalued in 2026?
Based on GuruFocus' analysis, Larsen & Toubro stock appears to be undervalued.
The current stock price of $41.95 is trading 6.8% below its estimated GF Value™ of $45.02.
GuruFocus considers Larsen & Toubro to be Fairly Valued.
Key valuation signals for LTOUF:
EV-to-EBITDA: 16.58 (near median its 10-year median of 16.09)
GF Value™: $45.02 vs. price of $41.95 (6.8% below fair value)
Industry Position: 82.9% above the Construction median (#1103 of 1482)
No single metric tells the full story. See the LTOUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Larsen & Toubro Ltd is engaged in core, high-impact sectors of the economy, and its integrated capabilities span the entire spectrum of design to delivery. The company's operating segments are: Infrastructure projects, Energy projects, Hi-Tech Manufacturing, and other segments. The majority of its revenue is generated from the Infrastructure projects segment, which comprises engineering and construction of buildings and factories, transportation infrastructure, heavy civil infrastructure, power transmission & distribution, renewables, water & effluent treatment, and minerals and metals. Geographically, the group generates maximum revenue from its operations in India.
95GF Score
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