HMT
|
The Current P/E Ratio of HMT is -18.66.
| Share Price | ₹68.1 | Jun 30,2026 |
| Market Cap | ₹2,423.1 Cr | |
| Earnings-TTM | ₹-129.8 Cr | TTM-Consolidated Results |
| Price/Earnings | -18.66x | 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 [ ₹2,423.1 Cr] as on Jun 30,2026
(/) Earnings [ ₹-129.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -18.66x ]
Thus, for HMT , the investors are currently willing to pay -18.66 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 | -18.66 | 2,423.1 |
| BHARAT HEAVY ELECTRICALS LTD | 1,539.21 | 93.63 | 144,123.0 |
| THERMAX LTD | 720.67 | 85.38 | 61,532.9 |
| KIRLOSKAR OIL ENGINES LTD | 557.72 | 61.62 | 34,366.4 |
| TRIVENI TURBINE LTD | 350.70 | 62.53 | 21,930.0 |
| JYOTI CNC AUTOMATION LTD | 336.00 | 52.31 | 17,576.4 |
| INOX INDIA LTD | 257.89 | 69.01 | 17,796.4 |
| AZAD ENGINEERING LTD | 133.56 | 99.36 | 13,270.9 |
| TEGA INDUSTRIES LTD | 136.58 | 93.23 | 12,733.0 |
| ELECON ENGINEERING COMPANY LTD | 340.54 | 35.18 | 11,981.8 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 76.47 | 107.64 | 8,230.8 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs HMT 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -18.66x |
| Max industry PE | 107.64x |
| Median industry PE | 69.01x |
| Average industry PE | 67.39x |
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