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HARSHIL AGROTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of HARSHIL AGROTECH is 8.90.

Share Price ₹1.3Aug 01,2025
Market Cap ₹92.5 Cr
Earnings-TTM₹10.4 CrTTM-Standalone Results
Price/Earnings8.90xCalculated 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 [ ₹92.5 Cr] as on Aug 01,2025

(/) Earnings [ ₹10.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 8.90x ]

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 8.90 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 8.90x.

- HARSHIL AGROTECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.21x.

- HARSHIL AGROTECH 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HARSHIL AGROTECH 's p/e ratio peaked in Mar2024 at 1.02x.

- 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 10.398.9092.5
BHARAT HEAVY ELECTRICALS LTD474.89169.8280,644.6
THERMAX LTD668.7367.3045,002.9
JYOTI CNC AUTOMATION LTD316.0172.6622,960.6
TRIVENI TURBINE LTD358.5052.1118,683.2
KIRLOSKAR BROTHERS LTD403.1036.8614,859.0
ELECON ENGINEERING COMPANY LTD510.9024.7712,657.3
PRAJ INDUSTRIES LTD218.9339.418,627.3
KIRLOSKAR OIL ENGINES LTD475.0926.6412,655.3
TEGA INDUSTRIES LTD195.6564.1512,550.9
SHRIRAM PISTONS & RINGS LTD533.3019.7610,536.7

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

Top 10 Industry PeersPE Ratio
Min industry PE 8.90x
Max industry PE 169.82x
Median industry PE 39.41x
Average industry PE 52.94x



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