MEHAI TECHNOLOGY
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The Current P/E Ratio of MEHAI TECHNOLOGY is 18.89.
| Share Price | ₹2.4 | Nov 21,2025 |
| Market Cap | ₹180.4 Cr | |
| Earnings-TTM | ₹9.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 18.89x | 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 [ ₹180.4 Cr] as on Nov 21,2025
(/) Earnings [ ₹9.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 18.89x ]
Thus, for MEHAI TECHNOLOGY , the investors are currently willing to pay 18.89 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 | 9.55 | 18.89 | 180.4 |
| SIEMENS LTD | 1,688.80 | 66.93 | 113,024.0 |
| ABB INDIA LTD | 1,766.99 | 61.05 | 107,876.0 |
| HAVELLS INDIA LTD | 1,455.95 | 62.08 | 90,387.7 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,063.42 | 105.13 | 111,802.0 |
| SUZLON ENERGY LTD | 3,172.50 | 23.82 | 75,565.4 |
| WAAREE ENERGIES LTD | 2,802.45 | 32.70 | 91,651.0 |
| HITACHI ENERGY INDIA LTD | 717.23 | 134.02 | 96,122.8 |
| GE VERNOVA T&D INDIA LTD | 919.85 | 80.85 | 74,368.7 |
| APAR INDUSTRIES LTD | 939.66 | 39.14 | 36,782.7 |
| INOX WIND LTD | 520.57 | 45.75 | 23,815.1 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs MEHAI TECHNOLOGY 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 18.89x |
| Max industry PE | 134.02x |
| Median industry PE | 61.05x |
| Average industry PE | 60.94x |
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