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The Hi-tech Gears Ltd PE Ratio

The Hi-tech Gears Ltd PE Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 22, 2024)

stocks purchased

0.4 K

Stocks Traded

(Nov 22, 2024)

Last Updated on: Nov 23, 2024

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The Hi-Tech Gears Ltd

NSE: HITECHGEAR

PE

25.7

Last updated on: Nov 23, 2024

Key Highlights

  • The P/E Ratio of The Hi-Tech Gears Ltd is 25.7 as of 23 Nov 15:30 PM .
  • The P/E Ratio of The Hi-Tech Gears Ltd changed from 15.5 on March 2019 to 12.6 on March 2024 . This represents a CAGR of -3.39% over 6 years.
  • The Latest Trading Price of The Hi-Tech Gears Ltd is ₹ 775 as of 22 Nov 15:30 .
  • The PE Ratio of Auto Ancillaries Industry has changed from 24.5 to 57.1 in 5 years. This represents a CAGR of 18.44%.
  • The PE Ratio of Auto Ancillaries industry is 33.6. 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 30.3. The PE Ratio of Retail industry is 157.7. The PE Ratio of Textiles industry is 37.6 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

₹ 775

12.50 (1.64%)

stock direction

Last updated on: Nov 22, 2024

Market Price of The Hi-Tech Gears Ltd

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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
22 Nov 2024775
21 Nov 2024762.5
19 Nov 2024740.4
18 Nov 2024765.5
14 Nov 2024775
13 Nov 2024798
12 Nov 2024840
11 Nov 2024848.4
08 Nov 2024891.3
07 Nov 2024881.5

SWOT Analysis Of The Hi-Tech Gears Ltd

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for The Hi-Tech Gears Ltd

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Profitability

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Dividend

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

Market Value

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Asset Value

0

* All values are in Rupees

Competitive Comparison of P/E Ratio

Key Valuation Metric of The Hi-Tech Gears Ltd

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PE Ratio of Auto Ancillaries Industry over time

PE Ratio of Top Sectors

Historical Market Cap of The Hi-Tech Gears Ltd

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* All values are in crore

Historical Revenue of The Hi-Tech Gears Ltd

No data available

* All values are in crore

Historical EBITDA of The Hi-Tech Gears Ltd

No data available

* All values are in crore

Historical Net Profit of The Hi-Tech Gears Ltd

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

News

The Hi-Tech Gears to conduct AGM

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

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2024-08-12 00:00:00

News

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 20...

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2024-08-07 00:00:00

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 8 Novemb...

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2024-10-30 00:00:00

News

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 Sept...

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2024-11-09 00:00:00

Product Composition

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Annual Reports

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Concalls

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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 25.69 as on 23 Nov 2024.

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

The average industry PE Ratio of Auto Ancillaries is 33.6 as on 23 Nov 2024.

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 25.69, showing a year-on-year growth of 25.3%.

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 25.69. This ratio indicates that investors are willing to pay 25.69 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 25.3% whereas, the EPS ratio grew by -32.8.
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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