HITECH CORPORATION
|
The Current P/E Ratio of HITECH CORPORATION is 45.90.
| Share Price | ₹158.0 | Jan 23,2026 |
| Market Cap | ₹271.8 Cr | |
| Earnings-TTM | ₹5.9 Cr | TTM-Standalone Results |
| Price/Earnings | 45.90x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HITECH CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹271.8 Cr] as on Jan 23,2026
(/) Earnings [ ₹5.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 45.90x ]
Thus, for HITECH CORPORATION , the investors are currently willing to pay 45.90 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 HITECH CORPORATION !
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 HITECH CORPORATION over the last five years.
Historical PE (Price/Earnings) ratio chart of HITECH CORPORATION
PE Ratio Performance Analysis for HITECH CORPORATION
- HITECH CORPORATION 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 17.38x.
- HITECH CORPORATION 's operated at median p/e ratio of 12.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HITECH CORPORATION 's p/e ratio peaked in Mar2025 at 38.95x.
- HITECH CORPORATION 's p/e ratio hit its five-year low in Mar2023 of 9.47x.
How does HITECH CORPORATION 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?
| Peer Comparison (Plastic Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| HITECH CORPORATION | 5.92 | 45.90 | 271.8 |
| SUPREME INDUSTRIES LTD | 732.13 | 59.75 | 43,743.0 |
| ASTRAL LTD | 504.70 | 74.55 | 37,627.1 |
| FINOLEX INDUSTRIES LTD | 427.89 | 24.64 | 10,541.9 |
| GARWARE HITECH FILMS LTD | 312.86 | 22.06 | 6,902.2 |
| TIME TECHNOPLAST LTD | 427.97 | 20.25 | 8,665.8 |
| EPL LTD | 412.70 | 14.77 | 6,094.1 |
| SHAILY ENGINEERING PLASTICS LTD | 146.16 | 58.01 | 8,478.9 |
| RESPONSIVE INDUSTRIES LTD | 204.33 | 21.71 | 4,436.4 |
| JAIN IRRIGATION SYSTEMS LTD | 55.47 | 44.33 | 2,459.0 |
| POLYPLEX CORPORATION LTD | 70.17 | 36.71 | 2,575.9 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs HITECH CORPORATION 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 14.77x |
| Max industry PE | 74.55x |
| Median industry PE | 36.71x |
| Average industry PE | 38.43x |
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