MEHAI TECHNOLOGY
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The Current P/E Ratio of MEHAI TECHNOLOGY is 12.30.
| Share Price | ₹1.2 | Jul 31,2026 |
| Market Cap | ₹95.3 Cr | |
| Earnings-TTM | ₹7.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 12.30x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹95.3 Cr] as on Jul 31,2026
(/) Earnings [ ₹7.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.30x ]
Thus, for MEHAI TECHNOLOGY , the investors are currently willing to pay 12.30 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 Mar2025 to Mar2023 averaged 25.75x.
- MEHAI TECHNOLOGY 's operated at median p/e ratio of 36.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, MEHAI TECHNOLOGY 's p/e ratio peaked in Mar2023 at 37.39x.
- MEHAI TECHNOLOGY 's p/e ratio hit its five-year low in Mar2024 of 3.77x.
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 | 7.75 | 12.30 | 95.3 |
| HITACHI ENERGY INDIA LTD | 987.84 | 145.21 | 143,440.0 |
| ABB INDIA LTD | 1,555.18 | 99.28 | 154,395.0 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,238.14 | 109.82 | 135,974.0 |
| SIEMENS LTD | 1,284.80 | 104.19 | 133,860.0 |
| GE VERNOVA T&D INDIA LTD | 1,233.25 | 89.74 | 110,674.0 |
| WAAREE ENERGIES LTD | 4,003.13 | 19.24 | 77,033.0 |
| HAVELLS INDIA LTD | 1,601.65 | 49.41 | 79,138.7 |
| SUZLON ENERGY LTD | 3,144.29 | 20.98 | 65,970.3 |
| APAR INDUSTRIES LTD | 1,181.18 | 48.86 | 57,718.1 |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 212.56 | 152.67 | 32,452.4 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs MEHAI TECHNOLOGY 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 12.30x |
| Max industry PE | 152.67x |
| Median industry PE | 89.74x |
| Average industry PE | 77.43x |
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