HITECH CORPORATION
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The Current P/E Ratio of HITECH CORPORATION is 199.31.
| Share Price | ₹142.0 | Feb 27,2026 |
| Market Cap | ₹244.2 Cr | |
| Earnings-TTM | ₹1.2 Cr | TTM-Standalone Results |
| Price/Earnings | 199.31x | 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 [ ₹244.2 Cr] as on Feb 27,2026
(/) Earnings [ ₹1.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 199.31x ]
Thus, for HITECH CORPORATION , the investors are currently willing to pay 199.31 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 | 1.23 | 199.31 | 244.2 |
| SUPREME INDUSTRIES LTD | 732.13 | 68.95 | 50,483.6 |
| ASTRAL LTD | 499.70 | 89.63 | 44,789.4 |
| FINOLEX INDUSTRIES LTD | 456.31 | 25.18 | 11,488.1 |
| GARWARE HITECH FILMS LTD | 307.82 | 31.73 | 9,767.3 |
| TIME TECHNOPLAST LTD | 454.11 | 19.96 | 9,063.2 |
| EPL LTD | 402.50 | 17.24 | 6,938.2 |
| SHAILY ENGINEERING PLASTICS LTD | 158.34 | 56.61 | 8,964.2 |
| RESPONSIVE INDUSTRIES LTD | 179.85 | 25.64 | 4,612.3 |
| JAIN IRRIGATION SYSTEMS LTD | 11.10 | 226.42 | 2,513.3 |
| POLYPLEX CORPORATION LTD | -5.35 | -495.80 | 2,652.5 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs HITECH CORPORATION 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -495.80x |
| Max industry PE | 226.42x |
| Median industry PE | 31.73x |
| Average industry PE | 24.08x |
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