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The Hi-Tech Gears Ltd P/E Ratio

The Hi-Tech Gears Ltd P/E Ratio

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The Hi-Tech Gears Ltd

NSE: HITECHGEAR

PE

40.9

Last updated : 18 May 06:45 AM

Key Highlights

    The P/E Ratio of The Hi-Tech Gears Ltd is 40.9 as of 18 May 06:45 AM .a1#The P/E Ratio of The Hi-Tech Gears Ltd changed from 15.5 on March 2019 to 20.5 on March 2023 . This represents a CAGR of 5.75% over 5 years. a1#The Latest Trading Price of The Hi-Tech Gears Ltd is ₹ 1149 as of 17 May 15:30 .a1#The PE Ratio of Auto Ancillaries Industry has changed from 24.5 to 58.7 in 5 years. This represents a CAGR of 19.10%a1# The PE Ratio of Auto Ancillaries industry is 30.1. The PE Ratio of Automobile industry is 27.2. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Retail industry is 94.8. The PE Ratio of Textiles industry is 21.1. In 2024a1#The Market Cap of The Hi-Tech Gears Ltd changed from ₹ 552.59 crore on March 2019 to ₹ 474.22 crore on March 2023 . This represents a CAGR of -3.01% over 5 years. a1#The Revenue of The Hi-Tech Gears Ltd changed from ₹ 293.87 crore to ₹ 275.08 crore over 7 quarters. This represents a CAGR of -3.71% a1#The EBITDA of The Hi-Tech Gears Ltd changed from ₹ 33.71 crore to ₹ 42.82 crore over 7 quarters. This represents a CAGR of 14.65% a1#The Net Profit of The Hi-Tech Gears Ltd changed from ₹ 0.37 crore to ₹ 14.91 crore over 7 quarters. This represents a CAGR of 726.61% a1#The Dividend Payout of The Hi-Tech Gears Ltd changed from 18.52 % on March 2019 to 9.32 % on March 2023 . This represents a CAGR of -12.83% over 5 years. a1#

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P/E Ratio Over Time

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.

P/E Ratio Over Time

Period
Mar '1915.5
Mar '2016.1
Mar '2111.3
Mar '220
Mar '2320.5

Fundamental Metrics

Market Cap

2,131 Cr

EPS

25.2

P/E Ratio (TTM) *

40.9

P/B Ratio (TTM) *

4.4

Day’s High

1170.0

Day’s Low

1100.0

DTE *

0.8

ROE *

8.0

52 Week High

1275.75

52 Week Low

252.35

ROCE *

10.0

* All values are consolidated

* All values are consolidated

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The Hi-Tech Gears Ltd

NSE: HITECHGEAR

PRICE

1149.15

13.95(1.23%)

stock direction

Last updated : 17 May 15:30

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of The Hi-Tech Gears Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

Asset Value vs Market Value

Market Value

1,936

Asset Value

460

3.2 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

113 Cr

40.9 X

PE Ratio

Market Cap

₹1936Cr

PE Ratio

PS Ratio

PB 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

PS Ratio

PB Ratio

Earnings

113 Cr

40.9 X

PE Ratio

Market Cap

₹1936Cr

PE Ratio

PS Ratio

PB 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

The Hi-Tech Gears Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For The Hi-Tech Gears Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, The Hi-Tech Gears Ltd's Share Price stands at 1149.15. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-17T00:00:00 is 25.22. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 1149.15/ 25.22= 40.88.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that The Hi-Tech Gears Ltd's stock is trading at approximately 40.88 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding The Hi-Tech Gears Ltd’s PE Ratio (BSE: HITECHGEAR)

    The Price-to-Earnings (PE) ratio, used to assess The Hi-Tech Gears Ltd's stock (BSE: HITECHGEAR), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '19553
Mar '20133
Mar '21325
Mar '22404
Mar '23474

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22294
Sep '22316
Dec '22279
Mar '22287
Jun '23267
Sep '23362
Dec '23275

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '2234
Sep '2241
Dec '2240
Mar '2234
Jun '2336
Sep '23114
Dec '2343

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '220
Sep '224
Dec '223
Mar '2217
Jun '239
Sep '2372
Dec '2315

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1919
Mar '2036
Mar '2110
Mar '227
Mar '239

* All values are a in %

About The Hi-Tech Gears Ltd

About The Hi-Tech Gears Ltd

    Incorporated in 1986, Hi-Tech Gears (HTGL) manufactures automotive gears and shafts at Bhiwadi, Rajasthan, mainly for Hero Honda Motors (HHML). Company has succeeded in opening up the export market and has commenced supply to M/s Cummins world wide.

The Hi-Tech Gears Ltd News Hub

News

The Hi-Tech Gears schedules board meeting

The Hi-Tech Gears will hold a meeting of the Board of Directors of the Company on 13 Febru...

Read more

06 Feb 2024 15:40

News

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 7 Novemb...

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30 Oct 2023 15:27

News

Board of Hi-Tech Gears appoints directors

The Hi-Tech Gears announced the appointment of the following directors in the board meetin...

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27 Oct 2023 09:40

News

The Hi-Tech Gears to hold AGM

The Hi-Tech Gears announced that the 37th Annual General Meeting (AGM) of the company will...

Read more

31 Aug 2023 17:29

News

The Hi-Tech Gears to hold board meeting

The Hi-Tech Gears will hold a meeting of the Board of Directors of the Company on 14 Augus...

Read more

08 Aug 2023 12:41

News

Board of The Hi-Tech Gears recommends final dividend

The Hi-Tech Gears announced that the Board of Directors of the Company at its meeting held...

Read more

30 May 2023 16:41

Product Composition by Percentage (Revenue)

FAQs for PE of The Hi-Tech Gears Ltd

What is The Hi-Tech Gears Ltd current share price?

The current market price of The Hi-Tech Gears Ltd as of May 18, 2024 is ₹1149.15.

What is The Hi-Tech Gears Ltd's market cap?

The Hi-Tech Gears Ltd's market capitalisation stood at ₹1,936 Cr as of May 18, 2024

What are The Hi-Tech Gears Ltd's total net assets?

According to The Hi-Tech Gears Ltd's most recent financial filings, the company's net assets total ₹460.0 Cr.

Is The Hi-Tech Gears Ltd making a profit or loss?

The Hi-Tech Gears Ltd's net Profit as of May 18, 2024 is close to ₹113 Cr.
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