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THE HITECH GEARS
PE (Price/Earnings) Ratio

The Current P/E Ratio of THE HITECH GEARS is 21.72.

Share Price ₹560.0May 09,2025
Market Cap ₹1,052.8 Cr
Earnings-TTM₹48.5 CrTTM-Consolidated Results
Price/Earnings21.72xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of THE HITECH GEARS

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 THE HITECH GEARS is calculated as :

Current Market Cap [ ₹1,052.8 Cr] as on May 09,2025

(/) Earnings [ ₹48.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 21.72x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for THE HITECH GEARS , the investors are currently willing to pay 21.72 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 THE HITECH GEARS !

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 THE HITECH GEARS over the last five years.

Historical PE (Price/Earnings) ratio chart of THE HITECH GEARS


PE Ratio Performance Analysis for THE HITECH GEARS

- THE HITECH GEARS 's latest p/e ratio is 21.72x.

- THE HITECH GEARS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.11x.

- THE HITECH GEARS 's operated at median p/e ratio of 12.63x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THE HITECH GEARS 's p/e ratio peaked in Mar2023 at 20.51x.

- THE HITECH GEARS 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does THE HITECH GEARS 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
THE HITECH GEARS 48.4721.721,052.8
SAMVARDHANA MOTHERSON INTERNATIONAL LTD4,002.3724.2597,065.7
BOSCH LTD2,023.8043.7388,503.6
UNO MINDA LTD849.2461.7752,458.5
SONA BLW PRECISION FORGINGS LTD599.6951.8831,113.9
ENDURANCE TECHNOLOGIES LTD801.3736.2629,054.6
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD434.2154.7623,775.5
TVS HOLDINGS LTD2,472.987.3118,074.4
JBM AUTO LTD250.1558.7914,705.2
MINDA CORPORATION LTD267.0741.9411,202.1
CRAFTSMAN AUTOMATION LTD199.8758.4111,674.2

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs THE HITECH GEARS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 7.31x
Max industry PE 61.77x
Median industry PE 43.73x
Average industry PE 41.89x



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