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HARSHIL AGROTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of HARSHIL AGROTECH is 5.73.

Share Price ₹0.5Dec 05,2025
Market Cap ₹47.6 Cr
Earnings-TTM₹8.3 CrTTM-Standalone Results
Price/Earnings5.73xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HARSHIL AGROTECH

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of HARSHIL AGROTECH is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 5.73x.

- 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 RatioMarket Cap
HARSHIL AGROTECH 8.315.7347.6
BHARAT HEAVY ELECTRICALS LTD502.33192.5396,714.3
THERMAX LTD590.2357.4433,900.6
JYOTI CNC AUTOMATION LTD346.1362.4921,629.1
TRIVENI TURBINE LTD343.0050.5317,331.2
KIRLOSKAR BROTHERS LTD375.2033.7912,677.2
ELECON ENGINEERING COMPANY LTD513.0720.7610,650.0
PRAJ INDUSTRIES LTD105.5454.065,705.6
KIRLOSKAR OIL ENGINES LTD487.8233.6816,431.2
TEGA INDUSTRIES LTD230.7762.1214,334.4
SHRIRAM PISTONS & RINGS LTD549.5222.7412,498.0

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs HARSHIL AGROTECH 's P/E Ratio

Top 10 Industry PeersPE 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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