HARSHIL AGROTECH
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The Current P/E Ratio of HARSHIL AGROTECH is 5.73.
| Share Price | ₹0.5 | Dec 05,2025 |
| Market Cap | ₹47.6 Cr | |
| Earnings-TTM | ₹8.3 Cr | TTM-Standalone Results |
| Price/Earnings | 5.73x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HARSHIL AGROTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹47.6 Cr] as on Dec 05,2025
(/) Earnings [ ₹8.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 5.73x ]
Thus, for HARSHIL AGROTECH , the investors are currently willing to pay 5.73 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of HARSHIL AGROTECH !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of HARSHIL AGROTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of HARSHIL AGROTECH
PE Ratio Performance Analysis for HARSHIL AGROTECH
- HARSHIL AGROTECH 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 5.73x.
- HARSHIL AGROTECH 's operated at median p/e ratio of 0.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HARSHIL AGROTECH 's p/e ratio peaked in Mar2025 at 27.94x.
- HARSHIL AGROTECH 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does HARSHIL AGROTECH 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
| Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| HARSHIL AGROTECH | 8.31 | 5.73 | 47.6 |
| BHARAT HEAVY ELECTRICALS LTD | 502.33 | 192.53 | 96,714.3 |
| THERMAX LTD | 590.23 | 57.44 | 33,900.6 |
| JYOTI CNC AUTOMATION LTD | 346.13 | 62.49 | 21,629.1 |
| TRIVENI TURBINE LTD | 343.00 | 50.53 | 17,331.2 |
| KIRLOSKAR BROTHERS LTD | 375.20 | 33.79 | 12,677.2 |
| ELECON ENGINEERING COMPANY LTD | 513.07 | 20.76 | 10,650.0 |
| PRAJ INDUSTRIES LTD | 105.54 | 54.06 | 5,705.6 |
| KIRLOSKAR OIL ENGINES LTD | 487.82 | 33.68 | 16,431.2 |
| TEGA INDUSTRIES LTD | 230.77 | 62.12 | 14,334.4 |
| SHRIRAM PISTONS & RINGS LTD | 549.52 | 22.74 | 12,498.0 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs HARSHIL AGROTECH 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 5.73x |
| Max industry PE | 192.53x |
| Median industry PE | 50.53x |
| Average industry PE | 54.17x |
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