HLE GLASCOAT
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The Current P/E Ratio of HLE GLASCOAT is 46.86.
Share Price | ₹500.4 | Oct 10,2025 |
Market Cap | ₹3,477.8 Cr | |
Earnings-TTM | ₹74.2 Cr | TTM-Consolidated Results |
Price/Earnings | 46.86x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HLE GLASCOAT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,477.8 Cr] as on Oct 10,2025
(/) Earnings [ ₹74.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 46.86x ]
Thus, for HLE GLASCOAT , the investors are currently willing to pay 46.86 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 HLE GLASCOAT !
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 HLE GLASCOAT over the last five years.
Historical PE (Price/Earnings) ratio chart of HLE GLASCOAT
PE Ratio Performance Analysis for HLE GLASCOAT
- HLE GLASCOAT 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 43.29x.
- HLE GLASCOAT 's operated at median p/e ratio of 36.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HLE GLASCOAT 's p/e ratio peaked in Mar2024 at 93.88x.
- HLE GLASCOAT 's p/e ratio hit its five-year low in Mar2021 of 11.36x.
How does HLE GLASCOAT 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HLE GLASCOAT | 74.21 | 46.86 | 3,477.8 |
BHARAT HEAVY ELECTRICALS LTD | 231.33 | 360.65 | 83,430.2 |
THERMAX LTD | 668.73 | 57.43 | 38,404.7 |
JYOTI CNC AUTOMATION LTD | 336.51 | 65.30 | 21,973.6 |
TRIVENI TURBINE LTD | 342.60 | 48.95 | 16,771.4 |
KIRLOSKAR BROTHERS LTD | 403.10 | 38.30 | 15,438.7 |
ELECON ENGINEERING COMPANY LTD | 513.07 | 24.33 | 12,481.1 |
PRAJ INDUSTRIES LTD | 140.09 | 45.95 | 6,437.1 |
KIRLOSKAR OIL ENGINES LTD | 453.51 | 28.54 | 12,943.6 |
TEGA INDUSTRIES LTD | 194.08 | 66.67 | 12,938.8 |
SHRIRAM PISTONS & RINGS LTD | 533.30 | 22.08 | 11,774.1 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs HLE GLASCOAT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 22.08x |
Max industry PE | 360.65x |
Median industry PE | 46.86x |
Average industry PE | 73.19x |
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