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Hitech Corporation Ltd PE Ratio

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Hitech Corporation Ltd

NSE: HITECHCORP

PE

24.9

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of Hitech Corporation Ltd is 24.9 as of 15 Jan 11:32 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 ₹ 229.25 as of 15 Jan 11:18 .
  • The PE Ratio of Packaging Industry has changed from 12.3 to 33.0 in 5 years. This represents a CAGR of 21.82%.
  • 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 Packaging industry is 33.0. The PE Ratio of Retail industry is 157.6. The PE Ratio of Textiles industry is 36.9 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

₹ 229.25

3.35 (1.48%)

stock direction

Last updated on: Jan 15, 2025

Market Price of Hitech Corporation Ltd

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1Y

3Y

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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
14 Jan 2025225.9
13 Jan 2025216.75
10 Jan 2025229.8
09 Jan 2025244.1
08 Jan 2025241
07 Jan 2025244.45
06 Jan 2025239.15
03 Jan 2025241.6
02 Jan 2025237.9
01 Jan 2025231.15

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 Ltd388
Garware Hi Tech Films Ltd9637
Inox India Ltd9173
EPL Ltd7646
Polyplex Corporation Ltd3919

PE Ratio of Hitech Corporation Ltd Explained

``

388

Market cap

16

Earnings

24.9X

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

2024-08-08 00:00:00

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

2024-08-02 00:00:00

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

2024-09-19 00:00:00

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

2024-11-08 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 Hitech Corporation Ltd

What is the current PE Ratio of Hitech Corporation Ltd?

The Current PE Ratio of Hitech Corporation Ltd is 24.93 as on 15 Jan 2025.

What is the average PE Ratio of the Packaging industry?

The average industry PE Ratio of Packaging is 33.0 as on 15 Jan 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 24.93, showing a year-on-year growth of 273.2%.

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

The PE Ratio of Hitech Corporation Ltd is 24.93. This ratio indicates that investors are willing to pay 24.93 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 273.2% whereas, the EPS ratio grew by -28.3.
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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