HLE GLASCOAT
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The Current P/E Ratio of HLE GLASCOAT is 41.34.
Share Price | ₹272.0 | Apr 25,2025 |
Market Cap | ₹1,857.4 Cr | |
Earnings-TTM | ₹44.9 Cr | TTM-Consolidated Results |
Price/Earnings | 41.34x | 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 [ ₹1,857.4 Cr] as on Apr 25,2025
(/) Earnings [ ₹44.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 41.34x ]
Thus, for HLE GLASCOAT , the investors are currently willing to pay 41.34 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 | 44.93 | 41.34 | 1,857.4 |
BHARAT HEAVY ELECTRICALS LTD | 456.39 | 169.26 | 77,249.6 |
THERMAX LTD | 609.53 | 67.38 | 41,071.4 |
JYOTI CNC AUTOMATION LTD | 306.68 | 80.28 | 24,619.7 |
TRIVENI TURBINE LTD | 339.57 | 47.42 | 16,102.1 |
KIRLOSKAR BROTHERS LTD | 422.40 | 32.64 | 13,785.4 |
ELECON ENGINEERING COMPANY LTD | 406.97 | 28.50 | 11,598.1 |
PRAJ INDUSTRIES LTD | 271.05 | 34.30 | 9,297.3 |
KIRLOSKAR OIL ENGINES LTD | 494.99 | 21.55 | 10,664.9 |
TEGA INDUSTRIES LTD | 182.41 | 50.84 | 9,274.4 |
SHRIRAM PISTONS & RINGS LTD | 480.48 | 17.07 | 8,204.1 |
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 | 17.07x |
Max industry PE | 169.26x |
Median industry PE | 41.34x |
Average industry PE | 53.69x |
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