HLE GLASCOAT
|
The Current P/E Ratio of HLE GLASCOAT is 41.75.
| Share Price | ₹443.0 | Dec 18,2025 |
| Market Cap | ₹3,078.5 Cr | |
| Earnings-TTM | ₹73.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 41.75x | 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 [ ₹3,078.5 Cr] as on Dec 18,2025
(/) Earnings [ ₹73.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 41.75x ]
Thus, for HLE GLASCOAT , the investors are currently willing to pay 41.75 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 | 73.75 | 41.75 | 3,078.5 |
| BHARAT HEAVY ELECTRICALS LTD | 502.33 | 190.66 | 95,774.1 |
| THERMAX LTD | 590.23 | 57.51 | 33,943.5 |
| JYOTI CNC AUTOMATION LTD | 346.13 | 60.20 | 20,835.4 |
| TRIVENI TURBINE LTD | 343.00 | 48.43 | 16,612.7 |
| KIRLOSKAR BROTHERS LTD | 375.20 | 33.93 | 12,731.2 |
| ELECON ENGINEERING COMPANY LTD | 513.07 | 20.62 | 10,581.6 |
| PRAJ INDUSTRIES LTD | 105.54 | 59.08 | 6,235.9 |
| KIRLOSKAR OIL ENGINES LTD | 487.82 | 38.28 | 18,675.8 |
| TEGA INDUSTRIES LTD | 230.77 | 62.10 | 14,329.9 |
| SHRIRAM PISTONS & RINGS LTD | 549.52 | 24.47 | 13,448.0 |
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 | 20.62x |
| Max industry PE | 190.66x |
| Median industry PE | 48.43x |
| Average industry PE | 57.91x |
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