HITECH PIPES
|
The Current P/E Ratio of HITECH PIPES is 26.16.
| Share Price | ₹100.4 | Nov 25,2025 |
| Market Cap | ₹2,039.1 Cr | |
| Earnings-TTM | ₹78.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 26.16x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HITECH PIPES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,039.1 Cr] as on Nov 25,2025
(/) Earnings [ ₹78.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.16x ]
Thus, for HITECH PIPES , the investors are currently willing to pay 26.16 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 PIPES !
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 PIPES over the last five years.
Historical PE (Price/Earnings) ratio chart of HITECH PIPES
PE Ratio Performance Analysis for HITECH PIPES
- HITECH PIPES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 21.37x.
- HITECH PIPES 's operated at median p/e ratio of 27.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HITECH PIPES 's p/e ratio peaked in Mar2024 at 47.53x.
- HITECH PIPES 's p/e ratio hit its five-year low in Mar2022 of 1.53x.
How does HITECH PIPES 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
| Peer Comparison (Steel & Iron Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| HITECH PIPES | 77.96 | 26.16 | 2,039.1 |
| JSW STEEL LTD | 6,500.00 | 41.83 | 271,886.0 |
| TATA STEEL LTD | 6,432.57 | 32.28 | 207,662.0 |
| JINDAL STAINLESS LTD | 2,836.75 | 21.72 | 61,604.8 |
| STEEL AUTHORITY OF INDIA LTD | 2,159.99 | 25.29 | 54,626.2 |
| APL APOLLO TUBES LTD | 1,048.79 | 45.00 | 47,198.1 |
| MOTHERSON SUMI WIRING INDIA LTD | 613.35 | 50.59 | 31,029.6 |
| SHYAM METALICS AND ENERGY LTD | 968.51 | 23.54 | 22,802.3 |
| WELSPUN CORP LTD | 1,523.91 | 14.96 | 22,804.6 |
| RATNAMANI METALS & TUBES LTD | 619.52 | 26.41 | 16,363.3 |
| SARDA ENERGY & MINERALS LTD | 1,021.00 | 16.86 | 17,212.1 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs HITECH PIPES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 14.96x |
| Max industry PE | 50.59x |
| Median industry PE | 26.16x |
| Average industry PE | 29.51x |
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