Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Indian Railway Catering And Tourism (NSE:IRCTC) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Indian Railway Catering And Tourism Forward PE Ratio Related Terms
Indian Railway Catering And Tourism Forward PE Ratio Historical Data
* 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.
Indian Railway Catering And Tourism Forward PE Ratio Chart
Indian Railway Catering And Tourism Annual Data
Trend
2021-03
2025-03
2026-03
Forward PE Ratio
35.97
38.47
25.11
Indian Railway Catering And Tourism Quarterly Data
2020-12
2021-03
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
29.07
35.97
37.90
38.47
42.75
38.85
34.78
25.11
NSE:IRCTC vs BKNG, ABNB, RCL: Forward PE Ratio Comparison
For the Travel Services subindustry, Indian Railway Catering And Tourism's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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.
Indian Railway Catering And Tourism Forward PE Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Indian Railway Catering And Tourism's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Indian Railway Catering And Tourism's Forward PE Ratio falls into.
Indian Railway Catering And Tourism Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Indian Railway Catering And Tourism (NSE:IRCTC) has a Forward PE Ratio of 25.15 as of Aug. 05, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Indian Railway Catering And Tourism and its competitors. According to the industry distribution chart, Indian Railway Catering And Tourism ranks #270 out of 350 companies in the Travel & Leisure industry, placing it in the top 77.1%.
Is Indian Railway Catering And Tourism's Forward PE Ratio too high?
Indian Railway Catering And Tourism's current Forward PE Ratio is 25.15. The Travel & Leisure industry median Forward PE Ratio is 15.49. Indian Railway Catering And Tourism's value of 25.15 is 62.4% above this industry median. Based on the distribution chart, Indian Railway Catering And Tourism ranks #270 out of 350 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Indian Railway Catering And Tourism has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indian Railway Catering And Tourism's Forward PE Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Indian Railway Catering And Tourism ranks #270 out of 350 companies for Forward PE Ratio. This places Indian Railway Catering And Tourism in the lower half of its industry. The industry median Forward PE Ratio is 15.49. Indian Railway Catering And Tourism's value of 25.15 is 62.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Travel & Leisure company?
The median Forward PE Ratio among Travel & Leisure companies is 15.49, based on 350 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indian Railway Catering And Tourism's current Forward PE Ratio of 25.15 is 62.4% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Indian Railway Catering And Tourism and its competitors. For the Travel & Leisure industry, the median Forward PE Ratio is 15.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Railway Catering And Tourism's current Forward PE Ratio is 25.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Railway Catering And Tourism stock overvalued right now?
Based on GuruFocus' analysis, Indian Railway Catering And Tourism (NSE:IRCTC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹955.47, compared to a current price of ₹510.25 — trading 46.6% below its estimated fair value. The current Forward PE Ratio is 25.15 and 62.4% above the Travel & Leisure industry median of 15.49. Indian Railway Catering And Tourism's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Indian Railway Catering And Tourism (NSE:IRCTC), the current Forward PE Ratio is 25.15 as of Aug. 05, 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 Indian Railway Catering And Tourism (NSE:IRCTC) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Railway Catering And Tourism stock appears to be undervalued.
The current stock price of ₹510.25 is trading 46.6% below its estimated GF Value™ of ₹955.47.
GuruFocus considers Indian Railway Catering And Tourism to be Significantly Undervalued.
Key valuation signals for NSE:IRCTC:
Forward PE Ratio: 25.15
GF Value™: ₹955.47 vs. price of ₹510.25 (46.6% below fair value)
Industry Position: 62.4% above the Travel & Leisure median (#270 of 350)
No single metric tells the full story. See the NSE:IRCTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Railway Catering And Tourism Corp Ltd is engaged in catering and hospitality services at stations, on trains, and other locations, and to promote domestic and international tourism through the development of budget hotels, special tour packages, information, and commercial publicity and world-wide reservation systems. The company's segments are Catering, Rail Neer, Internet Ticketing, and Tourism & Train Operation. A vast majority of its revenues are derived from the Catering business.
91GF Score
Get the complete analysis for NSE:IRCTC
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:IRCTC has been successfully added to your 
