MEHAI TECHNOLOGY
|
The Current P/E Ratio of MEHAI TECHNOLOGY is 12.41.
| Share Price | ₹1.2 | Jul 30,2026 |
| Market Cap | ₹96.2 Cr | |
| Earnings-TTM | ₹7.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 12.41x | 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 [ ₹96.2 Cr] as on Jul 30,2026
(/) Earnings [ ₹7.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.41x ]
Thus, for MEHAI TECHNOLOGY , the investors are currently willing to pay 12.41 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 | 7.75 | 12.41 | 96.2 |
| HITACHI ENERGY INDIA LTD | 987.84 | 140.96 | 139,249.0 |
| ABB INDIA LTD | 1,642.42 | 94.08 | 154,523.0 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,238.14 | 105.92 | 131,146.0 |
| SIEMENS LTD | 1,284.80 | 101.40 | 130,276.0 |
| GE VERNOVA T&D INDIA LTD | 1,233.25 | 87.20 | 107,536.0 |
| WAAREE ENERGIES LTD | 4,003.13 | 18.86 | 75,491.2 |
| HAVELLS INDIA LTD | 1,601.65 | 49.43 | 79,173.2 |
| SUZLON ENERGY LTD | 3,144.29 | 20.73 | 65,173.2 |
| APAR INDUSTRIES LTD | 1,181.18 | 46.85 | 55,332.4 |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 212.56 | 146.00 | 31,034.5 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs MEHAI TECHNOLOGY 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 12.41x |
| Max industry PE | 146.00x |
| Median industry PE | 87.20x |
| Average industry PE | 74.89x |
You may also like the below Video Courses