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Hi-tech Pipes Ltd PE Ratio

Hi-tech Pipes Ltd PE Ratio

stocks purchased

₹ 0.4 Cr

Volume Transacted

(Dec 12, 2024)

stocks purchased

21.8 K

Stocks Traded

(Dec 12, 2024)

Last Updated on: Dec 12, 2024

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Hi-Tech Pipes Ltd

NSE: HITECH

PE

55.2

Last updated on: Dec 12, 2024

Key Highlights

  • The P/E Ratio of Hi-Tech Pipes Ltd is 55.2 as of 12 Dec 15:30 PM .
  • The P/E Ratio of Hi-Tech Pipes Ltd changed from 8.9 on March 2019 to 47.7 on March 2024 . This represents a CAGR of 32.29% over 6 years.
  • The Latest Trading Price of Hi-Tech Pipes Ltd is ₹ 167.35 as of 12 Dec 15:30 .
  • The PE Ratio of Steel Industry has changed from 10.3 to 20.1 in 5 years. This represents a CAGR of 14.31%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.5. The PE Ratio of Retail industry is 157.6. The PE Ratio of Steel industry is 21.6. The PE Ratio of Textiles industry is 37.6 in 2024.

Historical P/E Ratio of Hi-Tech Pipes Ltd

No data available

Company Fundamentals for Hi-Tech Pipes Ltd

No data available

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Hi-Tech Pipes Ltd

NSE: HITECH

Share Price

₹ 167.35

-2.60 (-1.53%)

stock direction

Last updated on: Dec 12, 2024

Market Price of Hi-Tech Pipes Ltd

1M

1Y

3Y

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Monitoring Hi-Tech Pipes Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
12 Dec 2024167.35
11 Dec 2024169.95
10 Dec 2024171.95
09 Dec 2024169.15
06 Dec 2024166.35
05 Dec 2024162.35
04 Dec 2024163.6
03 Dec 2024163.1
02 Dec 2024161.35
29 Nov 2024164.45

SWOT Analysis Of Hi-Tech Pipes Ltd

Strength

1

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Hi-Tech Pipes Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Hi-Tech Pipes Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Hi-Tech Pipes Ltd553,399
JSW Steel Ltd472,46,147
Tata Steel Ltd581,88,314
Jindal Steel & Power Ltd201,02,085
Tube Investments of India Ltd11670,740
Jindal Stainless Ltd2561,947

Key Valuation Metric of Hi-Tech Pipes Ltd

No data available

No data available

PE Ratio of Steel Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Hi-Tech Pipes Ltd

No data available

* All values are in crore

Historical Revenue of Hi-Tech Pipes Ltd

No data available

* All values are in crore

Historical EBITDA of Hi-Tech Pipes Ltd

No data available

* All values are in crore

Historical Net Profit of Hi-Tech Pipes Ltd

No data available

* All values are in crore

Historical Dividend Payout of Hi-Tech Pipes Ltd

No data available

* All values are in %

About Hi-Tech Pipes Ltd

  • Hi-Tech Pipes Limited, (formerly known as Ram Lal Harbans Lal Limited) was incorporated in 1985.
  • The status was converted to Public Limited and the Company was renamed to Hi-Tech Pipes Limited in October, 1986.
  • The Company serves Infrastructure, Constructions, Automobiles, Energy, Agriculture, Oil & Gas, Defense, Engineering& Telecom industries.
  • It is a Multi Product company marking its presence in steel pipes, hollow sections, tubes, cold rolled coils & strips, road crash barriers, solar mounting structures and a variety of other galvanised products.
  • The end uses of these products are in high-rise buildings, metro stations, bridges, dams, refineries, telecom, airports, highways, power projects etc. The Company works with the objective of providing customer satisfaction through superior quality products.

Hi-Tech Pipes Ltd News Hub

News

Hi-Tech Pipes rises after securing orders worth Rs 105 crore from renewable energy sector

'These significant contracts reflect the growing demand for sustainable energy solutions a...

Read more

2024-08-20 00:00:00

News

Hi-Tech Pipes wins order of Rs 105 cr from renewable energy sector

Hi-Tech Pipes has received order for supplying ERW Steel Pipes, totaling of Rs.105 (Inclus...

Read more

2024-08-20 00:00:00

News

Hi-Tech Pipes board approves fund raising upto Rs 600 cr

The company may issue of equity shares or any other equity linked instruments or securitie...

Read more

2024-08-20 00:00:00

News

Hi-Tech Pipes to consider Fund Raising

Hi-Tech Pipes will hold a meeting of the Board of Directors of the Company on 19 August 20...

Read more

2024-08-14 00:00:00

Product Composition

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Hi-Tech Pipes Ltd

What is the current PE Ratio of Hi-Tech Pipes Ltd?

The Current PE Ratio of Hi-Tech Pipes Ltd is 55.23 as on 12 Dec 2024.

What is the average PE Ratio of the Steel industry?

The average industry PE Ratio of Steel is 21.6 as on 12 Dec 2024.

What was the PE Ratio of Hi-Tech Pipes Ltd last year?

The PE Ratio of Hi-Tech Pipes Ltd was 27.24 last year, now the PE ratio is 55.23, showing a year-on-year growth of 102.8%.

What does the PE Ratio of Hi-Tech Pipes Ltd indicate about its stock?

The PE Ratio of Hi-Tech Pipes Ltd is 55.23. This ratio indicates that investors are willing to pay 55.23 times the earnings per share for each share of Hi-Tech Pipes Ltd.

What is the PE Ratio Growth of Hi-Tech Pipes Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Hi-Tech Pipes Ltd grew by 102.8% whereas, the EPS ratio grew by -5.2.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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