Home > PE Ratio > HARSHIL AGROTECH

HARSHIL AGROTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of HARSHIL AGROTECH is 31.42.

Share Price ₹5.0Apr 04,2025
Market Cap ₹352.8 Cr
Earnings-TTM₹11.2 CrTTM-Standalone Results
Price/Earnings31.42xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for HARSHIL AGROTECH
Please provide your vote to see the results
HARSHIL AGROTECH is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of HARSHIL AGROTECH

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 HARSHIL AGROTECH is calculated as :

Current Market Cap [ ₹352.8 Cr] as on Apr 04,2025

(/) Earnings [ ₹11.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 31.42x ]

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

Thus, for HARSHIL AGROTECH , the investors are currently willing to pay 31.42 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 HARSHIL AGROTECH !

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 HARSHIL AGROTECH over the last five years.

Historical PE (Price/Earnings) ratio chart of HARSHIL AGROTECH


PE Ratio Performance Analysis for HARSHIL AGROTECH

- HARSHIL AGROTECH 's latest p/e ratio is 31.42x.

- HARSHIL AGROTECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.21x.

- HARSHIL AGROTECH 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HARSHIL AGROTECH 's p/e ratio peaked in Mar2024 at 1.02x.

- HARSHIL AGROTECH 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does HARSHIL AGROTECH 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HARSHIL AGROTECH 11.2331.42352.8
BHARAT HEAVY ELECTRICALS LTD456.39163.5874,655.4
THERMAX LTD609.5369.4542,333.9
JYOTI CNC AUTOMATION LTD306.6875.8323,254.0
TRIVENI TURBINE LTD339.5748.5516,485.1
KIRLOSKAR BROTHERS LTD422.4031.9213,481.2
ELECON ENGINEERING COMPANY LTD364.1526.779,749.1
PRAJ INDUSTRIES LTD271.0534.559,364.4
KIRLOSKAR OIL ENGINES LTD494.9921.2010,495.0
TEGA INDUSTRIES LTD182.4151.299,354.9
SHRIRAM PISTONS & RINGS LTD480.4816.748,042.8

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs HARSHIL AGROTECH 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 16.74x
Max industry PE 163.58x
Median industry PE 34.55x
Average industry PE 51.94x



You may also like the below Video Courses