HITECH CORPORATION
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The Current P/E Ratio of HITECH CORPORATION is 35.22.
| Share Price | ₹311.0 | Jun 23,2026 |
| Market Cap | ₹534.9 Cr | |
| Earnings-TTM | ₹15.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 35.22x | 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 [ ₹534.9 Cr] as on Jun 23,2026
(/) Earnings [ ₹15.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 35.22x ]
Thus, for HITECH CORPORATION , the investors are currently willing to pay 35.22 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 Mar2011 averaged 13.20x.
- HITECH CORPORATION 's operated at median p/e ratio of 7.59x 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 34.79x.
- HITECH CORPORATION 's p/e ratio hit its five-year low in Mar2013 of 6.42x.
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 | 15.19 | 35.22 | 534.9 |
| SUPREME INDUSTRIES LTD | 852.78 | 52.67 | 44,918.6 |
| ASTRAL LTD | 534.70 | 76.56 | 40,934.2 |
| GARWARE HITECH FILMS LTD | 338.23 | 46.45 | 15,709.7 |
| SHAILY ENGINEERING PLASTICS LTD | 169.91 | 75.78 | 12,876.1 |
| FINOLEX INDUSTRIES LTD | 556.90 | 20.02 | 11,146.9 |
| TIME TECHNOPLAST LTD | 476.61 | 18.48 | 8,806.5 |
| KINGFA SCIENCE & TECHNOLOGY (INDIA) LTD | 185.26 | 37.70 | 6,983.7 |
| RESPONSIVE INDUSTRIES LTD | 148.43 | 36.30 | 5,388.2 |
| PRINCE PIPES AND FITTINGS LTD | 73.19 | 42.90 | 3,139.4 |
| POLYPLEX CORPORATION LTD | 40.93 | 74.16 | 3,035.5 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs HITECH CORPORATION 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 18.48x |
| Max industry PE | 76.56x |
| Median industry PE | 42.90x |
| Average industry PE | 46.93x |
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