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The Hi-tech Gears Ltd PE Ratio

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The Hi-Tech Gears Ltd

NSE: HITECHGEAR

PE

22.7

Last updated on: Apr 26, 2025

Key Highlights

  • The P/E Ratio of The Hi-Tech Gears Ltd is 22.7 as of 26 Apr 14:48 PM .
  • The P/E Ratio of The Hi-Tech Gears Ltd changed from 16.1 on March 2020 to 12.6 on March 2024 . This represents a CAGR of -4.78% over 5 years.
  • The Latest Trading Price of The Hi-Tech Gears Ltd is ₹ 586.15 as of 25 Apr 15:30 .
  • The PE Ratio of Auto Ancillaries Industry has changed from 16.7 to 33.5 in 5 years. This represents a CAGR of 14.94%.
  • The PE Ratio of Auto Ancillaries industry is 33.5. 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 26.1. The PE Ratio of Retail industry is 159.2. The PE Ratio of Textiles industry is 37.1 in 2024.

Historical P/E Ratio of The Hi-Tech Gears Ltd

No data available

Company Fundamentals for The Hi-Tech Gears Ltd

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The Hi-Tech Gears Ltd

NSE: HITECHGEAR

Share Price

₹ 586.15

-30.85 (-5.00%)

stock direction

Last updated on: Apr 25, 2025

Market Price of The Hi-Tech Gears Ltd

1M

1Y

3Y

5Y

Monitoring The Hi-Tech Gears 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
25 Apr 2025586.15
24 Apr 2025617
23 Apr 2025616
22 Apr 2025630
16 Apr 2025634
15 Apr 2025632.8
11 Apr 2025602.7
09 Apr 2025574
08 Apr 2025593.25
07 Apr 2025565

SWOT Analysis Of The Hi-Tech Gears Ltd

Strength

4

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for The Hi-Tech Gears Ltd

Asset Value vs Market Value of The Hi-Tech Gears Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
The Hi-Tech Gears Ltd1101
Samvardhana Motherson International Ltd93970
Bosch Ltd82581
Uno Minda Ltd51080
Exide Industries Ltd31493
Sona BLW Precision Forgings Ltd28204

PE Ratio of The Hi-Tech Gears Ltd Explained

1101

Market cap

48

Earnings

22.7X

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 Auto Ancillaries Industry over time

PE Ratio of Top Sectors

Historical Market Cap of The Hi-Tech Gears Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of The Hi-Tech Gears Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of The Hi-Tech Gears Ltd

No data available

* All values are in %

About The Hi-Tech Gears Ltd

  • Incorporated in 1986, Hi-Tech Gears Limited (HTGL) manufactures automotive gears and shafts at Bhiwadi, Rajasthan, mainly for Hero Honda Motors (HHML).
  • The Company is an auto component manufacturer (a Tier 1 supplier).
  • Over a period of time, it acquired additional equipments to cater to the requirement of gears and shafts for HHML and other original equipment manufacturers.
  • The Company is engaged in the business of gears and transmission components. HTGL has tied up with Kyushu Musashi, a subsidiary of Honda Motors, Japan, to manufacture closed-die forgings in India.
  • This particular product is a raw material for transmission gears and shafts.

The Hi-Tech Gears Ltd News Hub

The Hi-Tech Gears to conduct AGM

The Hi-Tech Gears announced that the 38th Annual General Meeting (AGM) of the company will be held o

Read more

12 Aug 24

The Hi-Tech Gears consolidated net profit rises 53.12% in the June 2024 quarter

Net profit of The Hi-Tech Gears rose 53.12% to Rs 14.24 crore in the quarter ended June 2024 as agai

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07 Aug 24

The Hi-Tech Gears to convene board meeting

The Hi-Tech Gears will hold a meeting of the Board of Directors of the Company on 8 November 2024 Po

Read more

30 Oct 24

The Hi-Tech Gears consolidated net profit declines 86.79% in the September 2024 quarter

Net profit of The Hi-Tech Gears declined 86.79% to Rs 9.54 crore in the quarter ended September 2024

Read more

09 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 The Hi-Tech Gears Ltd

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

The Current PE Ratio of The Hi-Tech Gears Ltd is 22.7 as on 26 Apr 2025.

What is the average PE Ratio of the Auto Ancillaries industry?

The average industry PE Ratio of Auto Ancillaries is 33.5 as on 26 Apr 2025.

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

The PE Ratio of The Hi-Tech Gears Ltd was 20.51 last year, now the PE ratio is 22.7, showing a year-on-year growth of 10.7%.

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

The PE Ratio of The Hi-Tech Gears Ltd is 22.7. This ratio indicates that investors are willing to pay 22.7 times the earnings per share for each share of The Hi-Tech Gears Ltd.

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

The PE Ratio of The Hi-Tech Gears Ltd grew by 10.7% whereas, the EPS ratio grew by -28.1.

How does the PE ratio of The Hi-Tech Gears Ltd compare to industry peers?

The PE ratio of The Hi-Tech Gears 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 The Hi-Tech Gears 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 The Hi-Tech Gears Ltd PE Ratio.

What factors influence the PE ratio of The Hi-Tech Gears Ltd PE Ratio?

The PE ratio of The Hi-Tech Gears 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 The Hi-Tech Gears Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of The Hi-Tech Gears 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 The Hi-Tech Gears Ltd PE Ratio?

You can check the latest PE ratio of The Hi-Tech Gears 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 The Hi-Tech Gears Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare The Hi-Tech Gears Ltd PE ratio with its historical average and competitors.

Can the PE ratio of The Hi-Tech Gears Ltd PE Ratio predict future stock performance?

While the The Hi-Tech Gears 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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