ICRA

ICRA Forward P/E

The Forward P/E Ratio of ICRA (ICRA.NS) as of Oct 20, 2026 is 30.59. In the previous year, Forward P/E Ratio was 32.66 — a change of -6.34% (lower).

Forward P/E

30.59

YoY

-6.34%

Last updated:

Forward P/E Ratio of ICRA is 2026 30.59 . Forward P/E Ratio of ICRA was 2025 32.66 . It decreases by -6.34% lower compared to the previous year.

The ICRA Forward P/E history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Forward P/E
Date
Forward P/E
Jan 1, 2019
52.67 INR
Jan 1, 2020
57.72 INR
Jan 1, 2021
67.99 INR
Jan 1, 2022
49.44 INR
Jan 1, 2023
41.05 INR
Jan 1, 2024
36.74 INR
Jan 1, 2025
32.66 INR
Jan 1, 2026
30.59 INR
The ICRA Forward P/E history
YEARForward P/EYoY
30.59-6.34%
32.66-11.13%
36.74-10.50%
41.05-16.97%
49.44-27.28%
67.99+17.77%
57.72+9.60%
52.67-4.47%
55.13-12.04%
62.68-13.91%
72.82-14.16%
84.82+5.32%
80.54—

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ICRA Stock analysis

What does ICRA do? ICRA Ltd generates revenue through its subsidiaries by offering rating, research, analytics, data, and software services across four distinct segments. The Rating, research and other services segment focuses on rating, grading, and industry research, specifically evaluating rupee-denominated debt instruments issued by manufacturing companies, commercial banks, non-banking finance companies, public sector undertakings, and municipalities. This core activity provides essential investment information to stakeholders requiring credit assessments for these entities. The company also monetizes its expertise through Consulting services, which deliver management consulting including risk management, financial advisory, outsourcing, and policy advisory. Additionally, the Knowledge services segment generates income by providing KPO services, while the Market services segment supplies financial information products and services. Together, these offerings allow ICRA Ltd to serve a diverse clientele seeking analytical insights and advisory solutions from its headquarters in Gurgaon, Haryana. ICRA is one of the most popular companies on Eulerpool.

Frequently Asked Questions about ICRA stock

Forward P/E Ratio of ICRA is 30.59 in 2026.

Forward P/E Ratio of ICRA changed from 32.66 to 30.59, representing a -6.34% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Forward P/E Ratio ICRA since 2006 – with annual values, charts, and detailed analysis.

The Forward P/E uses estimated future earnings to value a stock. A lower forward P/E relative to the trailing P/E suggests analysts expect earnings growth.

To evaluate Forward P/E Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Forward P/E Ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Forward P/E Ratio's ICRA with sector peers and the industry average to assess whether it is attractive.

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