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The Hi-tech Gears Ltd PE Ratio

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The Hi-Tech Gears Ltd

NSE: HITECHGEAR

PE

25.6

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of The Hi-Tech Gears Ltd is 25.6 as of 15 Jan 9.00 AM .
  • 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 ₹ 772.2 as of 15 Jan 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 30.4. 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 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

₹ 772.2

-13.80 (-1.76%)

stock direction

Last updated on: Jan 15, 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
15 Jan 2025772.2
14 Jan 2025786
13 Jan 2025780
10 Jan 2025800
09 Jan 2025810
08 Jan 2025842
07 Jan 2025855
06 Jan 2025835.2
03 Jan 2025843
02 Jan 2025803.3

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 Ltd1450
Samvardhana Motherson International Ltd105122
Bosch Ltd92823
Uno Minda Ltd60772
Sona BLW Precision Forgings Ltd35475

PE Ratio of The Hi-Tech Gears Ltd Explained

``

1450

Market cap

56

Earnings

25.6X

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 2024

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 2024

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

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30 Oct 2024

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 2024

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 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 25.59 as on 15 Jan 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 15 Jan 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 25.59, showing a year-on-year growth of 24.8%.

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 25.59. This ratio indicates that investors are willing to pay 25.59 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 24.8% 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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