Home > PE Ratio > HMT

HMT
PE (Price/Earnings) Ratio

The Current P/E Ratio of HMT is -15.68.

Share Price ₹58.0Aug 14,2026
Market Cap ₹2,062.5 Cr
Earnings-TTM₹-131.5 CrTTM-Consolidated Results
Price/Earnings-15.68xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for HMT
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of HMT

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of HMT is calculated as :

Current Market Cap [ ₹2,062.5 Cr] as on Aug 14,2026

(/) Earnings [ ₹-131.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -15.68x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for HMT , the investors are currently willing to pay -15.68 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 latest p/e ratio is -15.68x.

- 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 RatioMarket Cap
HMT -131.53-15.682,062.5
BHARAT HEAVY ELECTRICALS LTD2,373.6361.92146,978.0
THERMAX LTD590.8381.7048,270.2
KIRLOSKAR OIL ENGINES LTD534.6057.1630,558.4
TRIVENI TURBINE LTD337.3055.8218,828.9
JYOTI CNC AUTOMATION LTD321.7258.3818,780.6
INOX INDIA LTD254.8469.2017,635.3
AZAD ENGINEERING LTD139.29126.0017,550.7
TEGA INDUSTRIES LTD-6.53-1,960.8612,804.4
ELECON ENGINEERING COMPANY LTD236.0641.119,705.3
KRN HEAT EXCHANGER AND REFRIGERATION LTD96.9499.179,613.9

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs HMT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -1,960.86x
Max industry PE 126.00x
Median industry PE 58.38x
Average industry PE -120.55x



You may also like the below Video Courses