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HITECH CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of HITECH CORPORATION is 44.64.

Share Price ₹190.4Sep 29,2025
Market Cap ₹327.5 Cr
Earnings-TTM₹7.3 CrTTM-Standalone Results
Price/Earnings44.64xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HITECH CORPORATION

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 HITECH CORPORATION is calculated as :

Current Market Cap [ ₹327.5 Cr] as on Sep 29,2025

(/) Earnings [ ₹7.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 44.64x ]

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

Thus, for HITECH CORPORATION , the investors are currently willing to pay 44.64 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 latest p/e ratio is 44.64x.

- 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 RatioMarket Cap
HITECH CORPORATION 7.3444.64327.5
SUPREME INDUSTRIES LTD782.1068.3953,489.1
ASTRAL LTD478.6076.8036,754.6
FINOLEX INDUSTRIES LTD352.9535.4112,496.4
GARWARE HITECH FILMS LTD325.8920.806,779.7
TIME TECHNOPLAST LTD410.5323.699,726.2
EPL LTD397.0016.976,737.0
SHAILY ENGINEERING PLASTICS LTD116.8388.1810,302.2
RESPONSIVE INDUSTRIES LTD200.3523.734,755.0
JAIN IRRIGATION SYSTEMS LTD23.25158.813,692.4
POLYPLEX CORPORATION LTD200.7816.223,256.2

Plastic Products Industry Benchmark (Top 10) PE Analysis vs HITECH CORPORATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 16.22x
Max industry PE 158.81x
Median industry PE 35.41x
Average industry PE 52.15x



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