HLE GLASCOAT
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The Current P/E Ratio of HLE GLASCOAT is 52.12.
Share Price | ₹471.4 | Jul 01,2025 |
Market Cap | ₹3,219.3 Cr | |
Earnings-TTM | ₹61.8 Cr | TTM-Consolidated Results |
Price/Earnings | 52.12x | 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 [ ₹3,219.3 Cr] as on Jul 01,2025
(/) Earnings [ ₹61.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 52.12x ]
Thus, for HLE GLASCOAT , the investors are currently willing to pay 52.12 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 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 Mar2024 to Mar2020 averaged 36.65x.
- HLE GLASCOAT 's operated at median p/e ratio of 25.54x 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 Mar2020 of 3.24x.
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 | 61.76 | 52.12 | 3,219.3 |
BHARAT HEAVY ELECTRICALS LTD | 474.89 | 194.05 | 92,152.8 |
THERMAX LTD | 626.94 | 63.73 | 39,957.9 |
JYOTI CNC AUTOMATION LTD | 316.01 | 76.72 | 24,243.3 |
TRIVENI TURBINE LTD | 358.50 | 53.73 | 19,261.8 |
KIRLOSKAR BROTHERS LTD | 403.30 | 45.73 | 18,441.5 |
ELECON ENGINEERING COMPANY LTD | 406.97 | 34.94 | 14,219.1 |
PRAJ INDUSTRIES LTD | 218.93 | 42.19 | 9,235.7 |
KIRLOSKAR OIL ENGINES LTD | 475.09 | 26.22 | 12,454.9 |
TEGA INDUSTRIES LTD | 195.65 | 53.41 | 10,449.4 |
SHRIRAM PISTONS & RINGS LTD | 515.56 | 20.87 | 10,759.4 |
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 | 20.87x |
Max industry PE | 194.05x |
Median industry PE | 52.12x |
Average industry PE | 60.34x |
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