HITECH CORPORATION
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The Current P/E Ratio of HITECH CORPORATION is 43.12.
Share Price | ₹200.2 | Jul 24,2025 |
Market Cap | ₹344.3 Cr | |
Earnings-TTM | ₹8.0 Cr | TTM-Standalone Results |
Price/Earnings | 43.12x | 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 [ ₹344.3 Cr] as on Jul 24,2025
(/) Earnings [ ₹8.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 43.12x ]
Thus, for HITECH CORPORATION , the investors are currently willing to pay 43.12 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 | 7.98 | 43.12 | 344.3 |
SUPREME INDUSTRIES LTD | 782.10 | 68.86 | 53,854.3 |
ASTRAL LTD | 518.90 | 76.25 | 39,567.2 |
FINOLEX INDUSTRIES LTD | 759.83 | 17.29 | 13,138.6 |
GARWARE HITECH FILMS LTD | 331.22 | 26.37 | 8,734.1 |
TIME TECHNOPLAST LTD | 394.44 | 26.60 | 10,492.1 |
EPL LTD | 361.60 | 20.54 | 7,427.4 |
SHAILY ENGINEERING PLASTICS LTD | 93.12 | 80.47 | 7,493.0 |
RESPONSIVE INDUSTRIES LTD | 198.87 | 32.09 | 6,381.3 |
JAIN IRRIGATION SYSTEMS LTD | 23.81 | 156.31 | 3,721.7 |
POLYPLEX CORPORATION LTD | 357.72 | 9.88 | 3,535.9 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs HITECH CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.88x |
Max industry PE | 156.31x |
Median industry PE | 32.09x |
Average industry PE | 50.71x |
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