No results for ‘’
Hitech Corporation Ltd
₹331.50
(0.41%)
Tue, 25 Aug 2026, 05:51 am
Producer Manufacturing
Miscellaneous Manufacturing
24.5KHitech Corporation PE Ratio
| Particulars | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings ratio | 13.68 | 11.92 | 9.45 | 4.34 | 7.67 | 7.59 | 6.82 | 6.42 | 10.37 | 23.98 | 19.12 | 31.28 | 31.33 | 11.20 | 34.94 | 12.57 | 10.45 | 9.47 | 15.44 | 34.79 |
| Price to book ratio | 3.98 | 2.98 | 2.25 | 0.82 | 1.70 | 1.37 | 0.82 | 0.61 | 0.66 | 1.02 | 2.08 | 2.03 | 1.62 | 1.12 | 0.50 | 1.17 | 1.80 | 1.10 | 1.29 | 1.15 |
| Price to sales ratio | 0.79 | 0.57 | 0.47 | 0.20 | 0.44 | 0.32 | 0.19 | 0.13 | 0.14 | 0.35 | 0.65 | 0.80 | 0.63 | 0.40 | 0.18 | 0.48 | 0.66 | 0.48 | 0.60 | 0.55 |
| Price to cash flow ratio | 5.72 | 30.86 | 9.29 | 2.34 | 9.47 | 12.60 | 4.42 | 1.45 | 4.95 | 7.48 | 8.14 | 9.16 | 7.59 | 2.69 | 2.34 | 4.43 | 6.77 | 4.80 | 8.32 | 9.26 |
| Enterprise value | 97.94Cr | 140Cr | 147Cr | 105Cr | 200Cr | 228Cr | 210Cr | 186Cr | 191Cr | 228Cr | 321Cr | 399Cr | 403Cr | 365Cr | 264Cr | 353Cr | 489Cr | 329Cr | 419Cr | 426Cr |
| Enterprise value to EBITDA ratio | 6.28 | 6.47 | 5.21 | 3.33 | 5.08 | 5.03 | 4.66 | 4.26 | 4.08 | 6.02 | 7.24 | 11.35 | 10.95 | 7.08 | 4.39 | 5.48 | 5.67 | 4.53 | 5.70 | 6.74 |
| Debt to equity ratio | 1.76 | 1.64 | 1.45 | 0.92 | 1.03 | 1.21 | 1.34 | 1.11 | 0.98 | 0.47 | 0.22 | 0.75 | 1.09 | 1.11 | 1.11 | 0.77 | 0.46 | 0.26 | 0.31 | 0.43 |
| Return on equity % | 0 | 31.71 | 28.21 | 22.22 | 24.54 | 19.58 | 12.69 | 9.90 | 6.54 | 5.52 | 9.02 | 6.03 | 4.73 | 10.43 | 1.43 | 9.76 | 18.74 | 12.31 | 8.69 | 3.35 |
Hitech Corporation Ltd Price to Earnings Ratio
The Hitech Corporation Ltd Price to Earnings Ratio is a key financial metric used by investors to evaluate Hitech Corporation Ltd's valuation, profitability, and overall financial performance. Tracking the Hitech Corporation Ltd Price to Earnings Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.
Hitech Corporation Ltd (NSE: HITECHCORP, BSE: 526217) is currently trading at ₹331.50, with a market capitalization of ₹568.52Cr. As a leading company in the Producer manufacturing sector and Miscellaneous manufacturing industry, monitoring the Hitech Corporation Ltd Price to Earnings Ratio is essential for fundamental analysis.
Hitech Corporation Ltd Price to Earnings Ratio Current Value
The current Hitech Corporation Ltd Price to Earnings Ratio stands at 34.79.
The latest Hitech Corporation Ltd Price to Earnings Ratio has increased compared to the previous period, indicating rising valuation or improved investor sentiment.
Hitech Corporation Ltd Price to Earnings Ratio Historical Trend
The Hitech Corporation Ltd Price to Earnings Ratio has shown the following historical trend:
- 2024: 34.79
- 2023: 15.44
- 2022: 9.47
- 2021: 10.45
- 2020: 12.57
The recent rise in Hitech Corporation Ltd Price to Earnings Ratio suggests strengthening valuation trends and improving market sentiment.
What Hitech Corporation Ltd Price to Earnings Ratio Indicates for Investors
The Hitech Corporation Ltd Price to Earnings Ratio plays a crucial role in understanding the company's financial health and valuation.
A higher P/E ratio indicates investors expect strong future earnings growth, while a lower ratio may signal undervaluation.
Hitech Corporation Ltd Price to Earnings Ratio Analysis Summary
The Hitech Corporation Ltd Price to Earnings Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Hitech Corporation Ltd Price to Earnings Ratio should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.
Regular tracking of Hitech Corporation Ltd Price to Earnings Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.