Ice Make Refrigeration Limited

Ice Make Refrigeration Limitedverified

ICEMAKE.NS

Price:

$816

Market Cap:

$12.88B

Ice Make Refrigeration Limited manufactures and supplies refrigeration products and equipment in India. The company offers its products under the categories of cold rooms and storage, commercial refrigeration, industrial refrigeration, transport refrigeration, and ammonia refrigeration products. It provides customized cooling solutions to various industries, including hospitality, frozen, dairy, horticulture, medicare, pharmaceuticals, retail, plastic, chemical, beverages, mineral water, ice cream, bakery, and other industries. The company also exports its products. Ice Make Refrigeration Limited was founded in 1989 and is based in Gandhinagar, India.

Industry

Industrial - Machinery

IPO Date

2017-12-08

Stock Exchange

NSE

Ticker

ICEMAKE.NS

The PE Ratio as of December 2025 (TTM) for Ice Make Refrigeration Limited (ICEMAKE.NS) is 84.65

According to Ice Make Refrigeration Limited’s latest financial reports and current stock price. The company's current PE Ratio is 84.65. This represents a change of 514.02% compared to the average of 13.79 of the last 4 quarters.

Ice Make Refrigeration Limited (ICEMAKE.NS) Historical PE Ratio (quarterly & annually)

How has ICEMAKE.NS PE Ratio performed in the past?

The mean historical PE Ratio of Ice Make Refrigeration Limited over the last ten years is 26.54. The current 84.65 PE Ratio has changed 31.79% with respect to the historical average. Over the past ten years (40 quarters), ICEMAKE.NS's PE Ratio was at its highest in in the December 2020 quarter at 263.25. The PE Ratio was at its lowest in in the June 2025 quarter at -221.43.

Quarterly (TTM)
Annual

Average

26.54

Median

21.13

Minimum

10.32

Maximum

59.27

Ice Make Refrigeration Limited (ICEMAKE.NS) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Ice Make Refrigeration Limited PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 180.69%

Maximum Annual PE Ratio = 59.27

Minimum Annual Increase = -64.66%

Minimum Annual PE Ratio = 10.32

Quarterly (TTM)
Annual
YearPE RatioChange
202559.2797.29%
202430.0451.18%
202319.87-4.54%
202220.82-28.10%
202128.95180.69%
202010.32-38.49%
201916.77-3.60%
201817.40-18.85%
201721.44-47.13%
201640.55-64.66%

Ice Make Refrigeration Limited (ICEMAKE.NS) Average PE Ratio

How has ICEMAKE.NS PE Ratio performed in the past?

The current PE Ratio of Ice Make Refrigeration Limited (ICEMAKE.NS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

36.40

5-year avg

31.79

10-year avg

26.54

Ice Make Refrigeration Limited (ICEMAKE.NS) PE Ratio vs. Peers

How is ICEMAKE.NS’s PE Ratio compared to its peers?

Ice Make Refrigeration Limited’s PE Ratio is greater than Yuken India Limited (52.39), greater than Yuken India Limited (52.39), greater than Sat Industries Limited (19.28), greater than Roto Pumps Limited (48.53), greater than Roto Pumps Limited (48.53), greater than The Yamuna Syndicate Ltd (11.24), greater than Om Infra Limited (37.45), greater than Om Infra Limited (37.45), greater than Eco Recycling Limited (45.37), greater than R & B Denims Limited (33.49),

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