HARSHIL AGROTECH
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The Current P/E Ratio of HARSHIL AGROTECH is -14.81.
| Share Price | ₹0.4 | Feb 23,2026 |
| Market Cap | ₹37.3 Cr | |
| Earnings-TTM | ₹-2.5 Cr | TTM-Standalone Results |
| Price/Earnings | -14.81x | 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 [ ₹37.3 Cr] as on Feb 23,2026
(/) Earnings [ ₹-2.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -14.81x ]
Thus, for HARSHIL AGROTECH , the investors are currently willing to pay -14.81 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 | -2.52 | -14.81 | 37.3 |
| BHARAT HEAVY ELECTRICALS LTD | 760.05 | 118.68 | 90,202.9 |
| THERMAX LTD | 681.12 | 55.21 | 37,605.1 |
| JYOTI CNC AUTOMATION LTD | 354.40 | 55.19 | 19,559.5 |
| TRIVENI TURBINE LTD | 343.10 | 45.69 | 15,675.3 |
| KIRLOSKAR BROTHERS LTD | 380.50 | 33.68 | 12,816.6 |
| ELECON ENGINEERING COMPANY LTD | 478.54 | 19.97 | 9,556.1 |
| PRAJ INDUSTRIES LTD | 52.05 | 109.19 | 5,683.5 |
| KIRLOSKAR OIL ENGINES LTD | 529.06 | 38.46 | 20,347.5 |
| TEGA INDUSTRIES LTD | 195.99 | 66.15 | 12,964.0 |
| SHRIRAM PISTONS & RINGS LTD | 554.24 | 24.44 | 13,544.9 |
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 | -14.81x |
| Max industry PE | 118.68x |
| Median industry PE | 45.69x |
| Average industry PE | 50.17x |
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