HMT
|
The Current P/E Ratio of HMT is -13.72.
| Share Price | ₹51.3 | Oct 23,2026 |
| Market Cap | ₹1,824.2 Cr | |
| Earnings-TTM | ₹-133.0 Cr | TTM-Consolidated Results |
| Price/Earnings | -13.72x | 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 [ ₹1,824.2 Cr] as on Oct 23,2026
(/) Earnings [ ₹-133.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -13.72x ]
Thus, for HMT , the investors are currently willing to pay -13.72 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 | -132.97 | -13.72 | 1,824.2 |
| BHARAT HEAVY ELECTRICALS LTD | 2,815.58 | 47.86 | 134,756.0 |
| THERMAX LTD | 590.83 | 62.43 | 36,886.0 |
| KIRLOSKAR OIL ENGINES LTD | 534.60 | 48.58 | 25,973.4 |
| TRIVENI TURBINE LTD | 337.30 | 41.92 | 14,138.6 |
| JYOTI CNC AUTOMATION LTD | 321.72 | 62.91 | 20,240.7 |
| INOX INDIA LTD | 254.84 | 66.43 | 16,929.8 |
| AZAD ENGINEERING LTD | 139.29 | 115.20 | 16,046.0 |
| TEGA INDUSTRIES LTD | -6.53 | -1,993.31 | 13,016.3 |
| ELECON ENGINEERING COMPANY LTD | 244.69 | 38.26 | 9,360.8 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 96.94 | 68.75 | 6,665.0 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs HMT 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -1,993.31x |
| Max industry PE | 115.20x |
| Median industry PE | 48.58x |
| Average industry PE | -132.24x |
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