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Thermax Ltd

NSE: THERMAX BSE: 500411

₹3227.40

(-0.31%)

Tue, 24 Mar 2026, 01:49 pm

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Thermax Debt to Equity Ratio

D/EEVEV/EBITDAP/BP/CFP/EP/SROE %
Particulars20052006200720082009201020112012201320142015201620172018201920202021202220232024
Price to earnings ratio39.1223.5824.637.4656.2418.8113.7121.1636.2260.4730.0648.8854.8633.6439.1973.3870.0657.2873.2564.89
Price to book ratio8.087.749.432.177.535.463.403.634.375.943.724.304.693.632.754.666.266.6710.648.34
Price to sales ratio2.3322.090.632.481.370.911.251.782.381.672.472.901.851.473.203.593.205.104
Price to cash flow ratio17.0611.8640.8211.9712.0740.2818.7766.762642.9527.5330.7923.63024.4319.3354.7351.23187.2944.23
Enterprise value36.63B44.74B71.03B17.89B74.63B66.28B49.79B65.46B86.4B121.78B74.97B99.57B114.51B100.44B72.79B134.32B205.27B241.02B462.04B401.71B
Enterprise value to EBITDA ratio23.6117.0218.903.9323.9712.897.7214.2020.2427.9017.5424.0734.5222.9020.7041.8254.1238.4356.9044.81
Debt to equity ratio0.020000.010.110.170.230.370.290.080.050.090.080.080.100.110.210.290.35
Return on equity %22.3936.9243.0932.9913.9431.9027.4118.3012.5910.0612.4198.8411.367.036.589.2612.2415.5313.53

Thermax Ltd Debt to Equity Ratio

The Thermax Ltd Debt to Equity Ratio is a key financial metric used by investors to evaluate Thermax Ltd's valuation, profitability, and overall financial performance. Tracking the Thermax Ltd Debt to Equity Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.

Thermax Ltd (NSE: THERMAX, BSE: 500411) is currently trading at ₹3227.40, with a market capitalization of ₹384.39B. As a leading company in the Producer manufacturing sector and Industrial machinery industry, monitoring the Thermax Ltd Debt to Equity Ratio is essential for fundamental analysis.

Thermax Ltd Debt to Equity Ratio Current Value

The current Thermax Ltd Debt to Equity Ratio stands at 0.35.

The latest Thermax Ltd Debt to Equity Ratio has increased compared to the previous period, indicating rising valuation or improved investor sentiment.

Thermax Ltd Debt to Equity Ratio Historical Trend

The Thermax Ltd Debt to Equity Ratio has shown the following historical trend:

  • 2024: 0.35
  • 2023: 0.29
  • 2022: 0.21
  • 2021: 0.11
  • 2020: 0.10

The recent rise in Thermax Ltd Debt to Equity Ratio suggests strengthening valuation trends and improving market sentiment.

What Thermax Ltd Debt to Equity Ratio Indicates for Investors

The Thermax Ltd Debt to Equity Ratio plays a crucial role in understanding the company's financial health and valuation.

The D/E ratio measures financial leverage and balance sheet strength.

Thermax Ltd Debt to Equity Ratio Analysis Summary

The Thermax Ltd Debt to Equity Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Thermax Ltd Debt to Equity 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 Thermax Ltd Debt to Equity Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.

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