HEG
|
The Current P/E Ratio of HEG is 47.51.
Share Price | ₹480.7 | Apr 21,2025 |
Market Cap | ₹9,277.5 Cr | |
Earnings-TTM | ₹195.3 Cr | TTM-Consolidated Results |
Price/Earnings | 47.51x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HEG
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹9,277.5 Cr] as on Apr 21,2025
(/) Earnings [ ₹195.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 47.51x ]
Thus, for HEG , the investors are currently willing to pay 47.51 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 HEG !
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 HEG over the last five years.
Historical PE (Price/Earnings) ratio chart of HEG
PE Ratio Performance Analysis for HEG
- HEG 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.89x.
- HEG 's operated at median p/e ratio of 12.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HEG 's p/e ratio peaked in Mar2020 at 27.67x.
- HEG 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does HEG 's P/E Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?
Peer Comparison (Electrodes & Welding Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HEG | 195.26 | 47.51 | 9,277.5 |
GRAPHITE INDIA LTD | 425.00 | 22.33 | 9,490.4 |
ESAB INDIA LTD | 172.24 | 41.72 | 7,186.5 |
ADOR WELDING LTD | 34.53 | 46.48 | 1,604.9 |
DIFFUSION ENGINEERS LTD | 31.45 | 33.06 | 1,039.7 |
DE NORA INDIA LTD | 4.01 | 112.14 | 449.7 |
GEE LTD | 6.68 | 50.04 | 334.3 |
PANASONIC CARBON INDIA COMPANY LTD | 20.60 | 11.55 | 237.9 |
D&H INDIA LTD | 3.69 | 48.20 | 177.7 |
Electrodes & Welding Equipment Industry Benchmark (Top 10) PE Analysis vs HEG 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.55x |
Max industry PE | 112.14x |
Median industry PE | 46.48x |
Average industry PE | 45.89x |
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