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MEHAI TECHNOLOGY
PE (Price/Earnings) Ratio

The Current P/E Ratio of MEHAI TECHNOLOGY is 12.30.

Share Price ₹1.2Jul 31,2026
Market Cap ₹95.3 Cr
Earnings-TTM₹7.7 CrTTM-Consolidated Results
Price/Earnings12.30xCalculated 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 [ ₹95.3 Cr] as on Jul 31,2026

(/) Earnings [ ₹7.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 12.30x ]

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 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 latest p/e ratio is 12.30x.

- 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 RatioMarket Cap
MEHAI TECHNOLOGY 7.7512.3095.3
HITACHI ENERGY INDIA LTD987.84145.21143,440.0
ABB INDIA LTD1,555.1899.28154,395.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,238.14109.82135,974.0
SIEMENS LTD1,284.80104.19133,860.0
GE VERNOVA T&D INDIA LTD1,233.2589.74110,674.0
WAAREE ENERGIES LTD4,003.1319.2477,033.0
HAVELLS INDIA LTD1,601.6549.4179,138.7
SUZLON ENERGY LTD3,144.2920.9865,970.3
APAR INDUSTRIES LTD1,181.1848.8657,718.1
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD212.56152.6732,452.4

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

Top 10 Industry PeersPE 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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