MEHAI TECHNOLOGY
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The Current P/E Ratio of MEHAI TECHNOLOGY is 66.34.
Share Price | ₹15.2 | Sep 02,2025 |
Market Cap | ₹564.6 Cr | |
Earnings-TTM | ₹8.5 Cr | TTM-Consolidated Results |
Price/Earnings | 66.34x | 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 [ ₹564.6 Cr] as on Sep 02,2025
(/) Earnings [ ₹8.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 66.34x ]
Thus, for MEHAI TECHNOLOGY , the investors are currently willing to pay 66.34 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 | 8.51 | 66.34 | 564.6 |
SIEMENS LTD | 2,034.60 | 56.23 | 114,413.0 |
ABB INDIA LTD | 1,798.58 | 61.13 | 109,943.0 |
HAVELLS INDIA LTD | 1,410.26 | 69.67 | 98,255.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 998.61 | 115.68 | 115,518.0 |
SUZLON ENERGY LTD | 2,093.66 | 37.97 | 79,496.7 |
WAAREE ENERGIES LTD | 2,299.90 | 39.95 | 91,883.2 |
HITACHI ENERGY INDIA LTD | 505.16 | 169.40 | 85,576.0 |
GE VERNOVA T&D INDIA LTD | 764.99 | 94.28 | 72,124.5 |
APAR INDUSTRIES LTD | 881.78 | 35.81 | 31,580.7 |
INOX WIND LTD | 490.17 | 51.00 | 24,999.0 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs MEHAI TECHNOLOGY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 35.81x |
Max industry PE | 169.40x |
Median industry PE | 61.13x |
Average industry PE | 72.50x |
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