HLE GLASCOAT
|
The Current P/E Ratio of HLE GLASCOAT is 74.08.
| Share Price | ₹434.4 | Sep 29,2026 |
| Market Cap | ₹3,019.1 Cr | |
| Earnings-TTM | ₹40.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 74.08x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹3,019.1 Cr] as on Sep 29,2026
(/) Earnings [ ₹40.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 74.08x ]
Thus, for HLE GLASCOAT , the investors are currently willing to pay 74.08 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 Mar2026 to Mar2022 averaged 46.99x.
- HLE GLASCOAT 's operated at median p/e ratio of 35.23x 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 Mar2022 of 25.54x.
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 | 40.75 | 74.08 | 3,019.1 |
| BHARAT HEAVY ELECTRICALS LTD | 2,373.63 | 60.64 | 143,948.0 |
| THERMAX LTD | 590.83 | 66.39 | 39,222.7 |
| KIRLOSKAR OIL ENGINES LTD | 534.60 | 65.47 | 34,998.5 |
| TRIVENI TURBINE LTD | 337.30 | 51.33 | 17,314.4 |
| JYOTI CNC AUTOMATION LTD | 321.72 | 75.21 | 24,197.8 |
| INOX INDIA LTD | 254.84 | 73.93 | 18,841.4 |
| AZAD ENGINEERING LTD | 139.29 | 135.16 | 18,826.6 |
| TEGA INDUSTRIES LTD | -6.53 | -2,372.05 | 15,489.5 |
| ELECON ENGINEERING COMPANY LTD | 236.06 | 45.61 | 10,767.8 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 96.94 | 97.44 | 9,446.0 |
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 | -2,372.05x |
| Max industry PE | 135.16x |
| Median industry PE | 66.39x |
| Average industry PE | -147.89x |
You may also like the below Video Courses