HMT
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The Current P/E Ratio of HMT is -16.97.
| Share Price | ₹62.0 | Mar 10,2026 |
| Market Cap | ₹2,203.3 Cr | |
| Earnings-TTM | ₹-129.8 Cr | TTM-Consolidated Results |
| Price/Earnings | -16.97x | 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 [ ₹2,203.3 Cr] as on Mar 10,2026
(/) Earnings [ ₹-129.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -16.97x ]
Thus, for HMT , the investors are currently willing to pay -16.97 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 | -16.97 | 2,203.3 |
| BHARAT HEAVY ELECTRICALS LTD | 760.05 | 118.45 | 90,028.8 |
| THERMAX LTD | 681.12 | 55.47 | 37,784.5 |
| JYOTI CNC AUTOMATION LTD | 354.40 | 49.97 | 17,710.6 |
| TRIVENI TURBINE LTD | 343.10 | 43.39 | 14,886.9 |
| KIRLOSKAR BROTHERS LTD | 380.50 | 32.91 | 12,520.8 |
| ELECON ENGINEERING COMPANY LTD | 478.54 | 18.86 | 9,023.1 |
| PRAJ INDUSTRIES LTD | 52.05 | 110.85 | 5,769.9 |
| KIRLOSKAR OIL ENGINES LTD | 529.06 | 39.41 | 20,852.5 |
| TEGA INDUSTRIES LTD | 195.99 | 66.66 | 13,065.1 |
| SHRIRAM PISTONS & RINGS LTD | 554.24 | 24.07 | 13,340.7 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs HMT 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -16.97x |
| Max industry PE | 118.45x |
| Median industry PE | 43.39x |
| Average industry PE | 49.37x |
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