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Hitech Corporation PE Ratio

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Hitech Corporation Ltd

NSE: HITECHCORP

PE

33.2

Last updated on: May 28, 2025

Key Highlights

  • The P/E Ratio of Hitech Corporation Ltd is 33.2 as of 28 May 9.00 AM .
  • The P/E Ratio of Hitech Corporation Ltd changed from 35 on March 2020 to 15.4 on March 2024 . This represents a CAGR of -15.14% over 5 years.
  • The Latest Trading Price of Hitech Corporation Ltd is ₹ 184.45 as of 28 May 15:30 .
  • The PE Ratio of Packaging Industry has changed from 11.8 to 29.1 in 5 years. This represents a CAGR of 19.78%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 14.5. The PE Ratio of IT - Software industry is 26.2. The PE Ratio of Packaging industry is 29.1. The PE Ratio of Retail industry is 139.8. The PE Ratio of Textiles industry is 37.1 in 2024.

Historical P/E Ratio of Hitech Corporation Ltd

No data available

Company Fundamentals for Hitech Corporation Ltd

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Hitech Corporation Ltd

NSE: HITECHCORP

Share Price

₹ 184.45

-1.75 (-0.94%)

stock direction

Last updated on: May 28, 2025

Market Price of Hitech Corporation Ltd

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1Y

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Monitoring Hitech Corporation 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
28 May 2025184.45
27 May 2025186.2
26 May 2025190
23 May 2025193.15
22 May 2025194.25
21 May 2025192.85
20 May 2025192.55
19 May 2025198
16 May 2025191.7
15 May 2025191.1

SWOT Analysis Of Hitech Corporation Ltd

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Hitech Corporation Ltd

Asset Value vs Market Value of Hitech Corporation Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Hitech Corporation Ltd316.81
Inox India Ltd10920
Garware Hi Tech Films Ltd10476
EPL Ltd7812
AGI Greenpac Ltd5564
Uflex Ltd4514

PE Ratio of Hitech Corporation Ltd Explained

316.81

Market cap

8

Earnings

33.2X

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 Packaging Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Hitech Corporation Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Hitech Corporation Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Hitech Corporation Ltd

No data available

* All values are in %

About Hitech Corporation Ltd

  • Hitech Corporation Ltd (Formerly known as Hi-Tech Plast Limited), incorporated in October, 1991, is a leading manufacturer of rigid plastic packaging solutions for a variety of customer segments from industries such as paints and coatings, agrochemicals, personal care, home care, pharmaceuticals, food & beverage and oils & lubricants. Presently, the Company is engaged in the manufacturing of rigid plastic containers specially catering to customers relating to Paints, Lube agro chemical, FMCG, personal and health care and home care product as well as export market.
  • As at March 31, 2023, Geetanjali Trading & Investments Private Limited, the holding company owned 69.11% of the Company's equity share capital. The new manufacturing unit at Masat, Silvassa, Dadra & Nagar Havelli commenced its commercial production in April 2003.

Hitech Corporation Ltd News Hub

Hitech Corporation standalone net profit declines 47.27% in the June 2024 quarter

Net profit of Hitech Corporation declined 47.27% to Rs 4.05 crore in the quarter ended June 2024 as

Read more

08 Aug 24

Hitech Corp. announces board meeting date

Hitech Corp. will hold a meeting of the Board of Directors of the Company on 8 August 2024. Powered

Read more

02 Aug 24

Hitech Corporation Ltd leads gainers in 'B' group

Gautam Gems Ltd, AGI Infra Ltd, Butterfly Gandhimathi Appliances Ltd and Alankit Ltd are among the o

Read more

19 Sept 24

Hitech Corp. to declare Quarterly Result

Hitech Corp. will hold a meeting of the Board of Directors of the Company on 13 November 2024 Powere

Read more

08 Nov 24

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Hitech Corporation Ltd

What is the current PE Ratio of Hitech Corporation Ltd?

The Current PE Ratio of Hitech Corporation Ltd is 33.23 as on 28 May 2025.

What is the average PE Ratio of the Packaging industry?

The average industry PE Ratio of Packaging is 29.1 as on 28 May 2025.

What was the PE Ratio of Hitech Corporation Ltd last year?

The PE Ratio of Hitech Corporation Ltd was 6.68 last year, now the PE ratio is 33.23, showing a year-on-year growth of 397.5%.

What does the PE Ratio of Hitech Corporation Ltd indicate about its stock?

The PE Ratio of Hitech Corporation Ltd is 33.23. This ratio indicates that investors are willing to pay 33.23 times the earnings per share for each share of Hitech Corporation Ltd.

What is the PE Ratio Growth of Hitech Corporation Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Hitech Corporation Ltd grew by 397.5% whereas, the EPS ratio grew by -19.2.

How does the PE ratio of Hitech Corporation Ltd compare to industry peers?

The PE ratio of Hitech Corporation Ltd PE Ratio can indicate whether it is overvalued or undervalued compared to competitors in the same industry. A lower PE ratio may suggest an undervalued stock, while a higher PE ratio could indicate premium pricing.

Is a high PE ratio for Hitech Corporation Ltd PE Ratio good or bad?

A high PE ratio may indicate strong future growth expectations, but it can also suggest overvaluation. It is best to compare it with industry averages and historical trends of Hitech Corporation Ltd PE Ratio.

What factors influence the PE ratio of Hitech Corporation Ltd PE Ratio?

The PE ratio of Hitech Corporation Ltd PE Ratio is influenced by factors such as earnings growth, investor sentiment, macroeconomic conditions, and sector trends.

How often does the PE ratio of Hitech Corporation Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Hitech Corporation Ltd PE Ratio fluctuate, and it is updated whenever there is a significant movement in either of these factors.

Where can I find the latest PE ratio of Hitech Corporation Ltd PE Ratio?

You can check the latest PE ratio of Hitech Corporation Ltd PE Ratio on BlinkX Website above or any other stock market platforms, or at the company’s official website.

What is a good PE ratio for Hitech Corporation Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare Hitech Corporation Ltd PE ratio with its historical average and competitors.

Can the PE ratio of Hitech Corporation Ltd PE Ratio predict future stock performance?

While the Hitech Corporation Ltd PE ratio is a useful indicator of valuation, it should be used alongside other financial metrics and market analysis to make informed investment decisions.
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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