HMT
|
The Current P/E Ratio of HMT is -16.27.
| Share Price | ₹59.4 | Mar 13,2026 |
| Market Cap | ₹2,113.0 Cr | |
| Earnings-TTM | ₹-129.8 Cr | TTM-Consolidated Results |
| Price/Earnings | -16.27x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HMT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,113.0 Cr] as on Mar 13,2026
(/) Earnings [ ₹-129.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -16.27x ]
Thus, for HMT , the investors are currently willing to pay -16.27 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 HMT !
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 HMT over the last five years.
Historical PE (Price/Earnings) ratio chart of HMT
PE Ratio Performance Analysis for HMT
- HMT 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 0.47x.
- HMT 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HMT 's p/e ratio peaked in Mar2022 at 1.73x.
- HMT 's p/e ratio hit its five-year low in Mar2025 of 0x.
How does HMT '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 |
|---|---|---|---|
| HMT | -129.83 | -16.27 | 2,113.0 |
| BHARAT HEAVY ELECTRICALS LTD | 760.05 | 118.41 | 89,993.9 |
| THERMAX LTD | 681.12 | 56.37 | 38,395.7 |
| JYOTI CNC AUTOMATION LTD | 354.40 | 45.94 | 16,281.2 |
| TRIVENI TURBINE LTD | 343.10 | 42.60 | 14,615.1 |
| KIRLOSKAR BROTHERS LTD | 380.50 | 31.76 | 12,085.2 |
| ELECON ENGINEERING COMPANY LTD | 478.54 | 17.82 | 8,527.2 |
| PRAJ INDUSTRIES LTD | 52.05 | 107.14 | 5,576.9 |
| KIRLOSKAR OIL ENGINES LTD | 529.06 | 39.90 | 21,111.2 |
| TEGA INDUSTRIES LTD | 195.99 | 67.58 | 13,246.1 |
| SHRIRAM PISTONS & RINGS LTD | 554.24 | 22.72 | 12,593.6 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs HMT 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -16.27x |
| Max industry PE | 118.41x |
| Median industry PE | 42.60x |
| Average industry PE | 48.54x |
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