THE HITECH GEARS
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The Current P/E Ratio of THE HITECH GEARS is 26.54.
Share Price | ₹797.9 | Jan 16,2025 |
Market Cap | ₹1,500.0 Cr | |
Earnings-TTM | ₹56.5 Cr | TTM-Consolidated Results |
Price/Earnings | 26.54x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of THE HITECH GEARS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,500.0 Cr] as on Jan 16,2025
(/) Earnings [ ₹56.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.54x ]
Thus, for THE HITECH GEARS , the investors are currently willing to pay 26.54 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 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 Ratio | Market Cap |
---|---|---|---|
THE HITECH GEARS | 56.52 | 26.54 | 1,500.0 |
BOSCH LTD | 2,083.70 | 44.44 | 92,604.7 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3,690.38 | 28.81 | 106,318.0 |
SONA BLW PRECISION FORGINGS LTD | 566.97 | 62.88 | 35,652.0 |
UNO MINDA LTD | 796.76 | 78.00 | 62,144.6 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 409.59 | 52.24 | 21,396.0 |
ENDURANCE TECHNOLOGIES LTD | 769.27 | 38.45 | 29,577.9 |
JBM AUTO LTD | 207.11 | 86.21 | 17,854.7 |
TVS HOLDINGS LTD | 2,135.26 | 9.40 | 20,064.6 |
MINDA CORPORATION LTD | 253.50 | 55.03 | 13,950.3 |
CRAFTSMAN AUTOMATION LTD | 272.18 | 41.54 | 11,306.7 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs THE HITECH GEARS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.40x |
Max industry PE | 86.21x |
Median industry PE | 44.44x |
Average industry PE | 47.59x |
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