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MEHAI TECHNOLOGY
PE (Price/Earnings) Ratio

The Current P/E Ratio of MEHAI TECHNOLOGY is 12.73.

Share Price ₹1.2Jul 03,2026
Market Cap ₹98.7 Cr
Earnings-TTM₹7.7 CrTTM-Consolidated Results
Price/Earnings12.73xCalculated 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 [ ₹98.7 Cr] as on Jul 03,2026

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

(=) P/E Ratio [ 12.73x ]

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 12.73 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 12.73x.

- 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 7.7512.7398.7
HITACHI ENERGY INDIA LTD987.84139.96138,259.0
ABB INDIA LTD1,642.4289.67147,270.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,196.73117.54140,661.0
SIEMENS LTD1,284.8098.09126,022.0
GE VERNOVA T&D INDIA LTD1,233.2591.23112,508.0
WAAREE ENERGIES LTD3,884.1521.1782,245.3
HAVELLS INDIA LTD1,659.4744.6574,099.3
SUZLON ENERGY LTD3,163.3924.7178,155.3
APAR INDUSTRIES LTD976.8958.2956,943.4
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD212.56166.6735,426.9

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

Top 10 Industry PeersPE Ratio
Min industry PE 12.73x
Max industry PE 166.67x
Median industry PE 89.67x
Average industry PE 78.61x



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