MEHAI TECHNOLOGY
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The Current P/E Ratio of MEHAI TECHNOLOGY is 74.90.
Share Price | ₹16.6 | Jul 16,2025 |
Market Cap | ₹566.2 Cr | |
Earnings-TTM | ₹7.6 Cr | TTM-Consolidated Results |
Price/Earnings | 74.90x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MEHAI TECHNOLOGY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹566.2 Cr] as on Jul 16,2025
(/) Earnings [ ₹7.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 74.90x ]
Thus, for MEHAI TECHNOLOGY , the investors are currently willing to pay 74.90 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 MEHAI TECHNOLOGY !
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 MEHAI TECHNOLOGY over the last five years.
Historical PE (Price/Earnings) ratio chart of MEHAI TECHNOLOGY
PE Ratio Performance Analysis for MEHAI TECHNOLOGY
- MEHAI TECHNOLOGY 's p/e ratio for fiscal years ending Mar2024 to Mar2023 averaged 51.96x.
- MEHAI TECHNOLOGY 's operated at median p/e ratio of 66.52x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, MEHAI TECHNOLOGY 's p/e ratio peaked in Mar2024 at 66.52x.
- MEHAI TECHNOLOGY 's p/e ratio hit its five-year low in Mar2023 of 37.39x.
How does MEHAI TECHNOLOGY 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MEHAI TECHNOLOGY | 7.56 | 74.90 | 566.2 |
SIEMENS LTD | 2,189.30 | 50.25 | 110,020.0 |
ABB INDIA LTD | 1,889.13 | 62.28 | 117,653.0 |
HAVELLS INDIA LTD | 1,470.24 | 65.09 | 95,692.9 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 972.98 | 109.27 | 106,313.0 |
SUZLON ENERGY LTD | 2,071.63 | 44.34 | 91,857.8 |
WAAREE ENERGIES LTD | 2,002.17 | 47.18 | 94,467.3 |
HITACHI ENERGY INDIA LTD | 383.98 | 215.35 | 82,691.1 |
GE VERNOVA T&D INDIA LTD | 608.33 | 98.49 | 59,914.9 |
APAR INDUSTRIES LTD | 821.42 | 44.08 | 36,209.1 |
INOX WIND LTD | 440.00 | 61.48 | 27,049.8 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs MEHAI TECHNOLOGY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 44.08x |
Max industry PE | 215.35x |
Median industry PE | 62.28x |
Average industry PE | 79.34x |
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