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MEHAI TECHNOLOGY
PE (Price/Earnings) Ratio

The Current P/E Ratio of MEHAI TECHNOLOGY is 74.90.

Share Price ₹16.6Jul 16,2025
Market Cap ₹566.2 Cr
Earnings-TTM₹7.6 CrTTM-Consolidated Results
Price/Earnings74.90xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MEHAI TECHNOLOGY

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of MEHAI TECHNOLOGY is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 74.90x.

- 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 RatioMarket Cap
MEHAI TECHNOLOGY 7.5674.90566.2
SIEMENS LTD2,189.3050.25110,020.0
ABB INDIA LTD1,889.1362.28117,653.0
HAVELLS INDIA LTD1,470.2465.0995,692.9
CG POWER AND INDUSTRIAL SOLUTIONS LTD972.98109.27106,313.0
SUZLON ENERGY LTD2,071.6344.3491,857.8
WAAREE ENERGIES LTD2,002.1747.1894,467.3
HITACHI ENERGY INDIA LTD383.98215.3582,691.1
GE VERNOVA T&D INDIA LTD608.3398.4959,914.9
APAR INDUSTRIES LTD821.4244.0836,209.1
INOX WIND LTD440.0061.4827,049.8

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs MEHAI TECHNOLOGY 's P/E Ratio

Top 10 Industry PeersPE 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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