HITECH CORPORATION
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The Current P/E Ratio of HITECH CORPORATION is 44.64.
Share Price | ₹190.4 | Sep 29,2025 |
Market Cap | ₹327.5 Cr | |
Earnings-TTM | ₹7.3 Cr | TTM-Standalone Results |
Price/Earnings | 44.64x | Calculated as Market Cap/Earnings |
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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 [ ₹327.5 Cr] as on Sep 29,2025
(/) Earnings [ ₹7.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 44.64x ]
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 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 | 7.34 | 44.64 | 327.5 |
SUPREME INDUSTRIES LTD | 782.10 | 68.39 | 53,489.1 |
ASTRAL LTD | 478.60 | 76.80 | 36,754.6 |
FINOLEX INDUSTRIES LTD | 352.95 | 35.41 | 12,496.4 |
GARWARE HITECH FILMS LTD | 325.89 | 20.80 | 6,779.7 |
TIME TECHNOPLAST LTD | 410.53 | 23.69 | 9,726.2 |
EPL LTD | 397.00 | 16.97 | 6,737.0 |
SHAILY ENGINEERING PLASTICS LTD | 116.83 | 88.18 | 10,302.2 |
RESPONSIVE INDUSTRIES LTD | 200.35 | 23.73 | 4,755.0 |
JAIN IRRIGATION SYSTEMS LTD | 23.25 | 158.81 | 3,692.4 |
POLYPLEX CORPORATION LTD | 200.78 | 16.22 | 3,256.2 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs HITECH CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE 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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