HMT
|
The Current P/E Ratio of HMT is -15.68.
| Share Price | ₹58.0 | Aug 14,2026 |
| Market Cap | ₹2,062.5 Cr | |
| Earnings-TTM | ₹-131.5 Cr | TTM-Consolidated Results |
| Price/Earnings | -15.68x | 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 [ ₹2,062.5 Cr] as on Aug 14,2026
(/) Earnings [ ₹-131.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -15.68x ]
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 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 | -131.53 | -15.68 | 2,062.5 |
| BHARAT HEAVY ELECTRICALS LTD | 2,373.63 | 61.92 | 146,978.0 |
| THERMAX LTD | 590.83 | 81.70 | 48,270.2 |
| KIRLOSKAR OIL ENGINES LTD | 534.60 | 57.16 | 30,558.4 |
| TRIVENI TURBINE LTD | 337.30 | 55.82 | 18,828.9 |
| JYOTI CNC AUTOMATION LTD | 321.72 | 58.38 | 18,780.6 |
| INOX INDIA LTD | 254.84 | 69.20 | 17,635.3 |
| AZAD ENGINEERING LTD | 139.29 | 126.00 | 17,550.7 |
| TEGA INDUSTRIES LTD | -6.53 | -1,960.86 | 12,804.4 |
| ELECON ENGINEERING COMPANY LTD | 236.06 | 41.11 | 9,705.3 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 96.94 | 99.17 | 9,613.9 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs HMT 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -1,960.86x |
| Max industry PE | 126.00x |
| Median industry PE | 58.38x |
| Average industry PE | -120.55x |
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