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Hi-tech Pipes Ltd PE Ratio

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Hi-Tech Pipes Ltd

NSE: HITECH

PE

47.6

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of Hi-Tech Pipes Ltd is 47.6 as of 15 Jan 12:16 PM .
  • The P/E Ratio of Hi-Tech Pipes Ltd changed from 3.9 on March 2020 to 47.7 on March 2024 . This represents a CAGR of 65.00% over 5 years.
  • The Latest Trading Price of Hi-Tech Pipes Ltd is ₹ 142.7 as of 15 Jan 12:09 .
  • The PE Ratio of Steel Industry has changed from 12.1 to 21.6 in 5 years. This represents a CAGR of 12.29%.
  • 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 30.4. 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 36.9 in 2024.

Historical P/E Ratio of Hi-Tech Pipes Ltd

No data available

Company Fundamentals for Hi-Tech Pipes Ltd

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Hi-Tech Pipes Ltd

NSE: HITECH

Share Price

₹ 142.7

-1.45 (-1.01%)

stock direction

Last updated on: Jan 15, 2025

Market Price of Hi-Tech Pipes Ltd

1M

1Y

3Y

5Y

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
14 Jan 2025144.15
13 Jan 2025136
10 Jan 2025143.5
09 Jan 2025149.95
08 Jan 2025153.55
07 Jan 2025155
06 Jan 2025149.35
03 Jan 2025158.7
02 Jan 2025157.5
01 Jan 2025158.15

SWOT Analysis Of Hi-Tech Pipes Ltd

Strength

1

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Hi-Tech Pipes Ltd

Asset Value vs Market Value of Hi-Tech Pipes Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Hi-Tech Pipes Ltd2927
JSW Steel Ltd221521
Tata Steel Ltd158541
Jindal Steel & Power Ltd92823
Tube Investments of India Ltd64327

PE Ratio of Hi-Tech Pipes Ltd Explained

``

2927

Market cap

61

Earnings

47.6X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

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, EBITDA and Net Profit of Hi-Tech Pipes Ltd

Revenue

EBITDA

Net Profit

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

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 and undersc

Read more

2024-08-20 00:00:00

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 (Inclusive of GST

Read more

2024-08-20 00:00:00

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 securities, includi

Read more

2024-08-20 00:00:00

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 2024. Powere

Read more

2024-08-14 00:00:00

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

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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 47.57 as on 15 Jan 2025.

What is the average PE Ratio of the Steel industry?

The average industry PE Ratio of Steel is 21.6 as on 15 Jan 2025.

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 47.57, showing a year-on-year growth of 74.6%.

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

The PE Ratio of Hi-Tech Pipes Ltd is 47.57. This ratio indicates that investors are willing to pay 47.57 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 74.6% 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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