Thermax Ltd PE Ratio

Thermax PE Ratio

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Thermax Ltd

NSE: THERMAX

PE

78.7

Last updated on: Sep 05, 2026

Key Highlights

  • The P/E Ratio of Thermax Ltd is 78.7 as of 05 Sep 15:30 PM The P/E Ratio of Thermax Ltd changed from 73.3 on March 2021 to 51.4 on March 2026 . This represents a CAGR of -5.74% over 6 years The Latest Trading Price of Thermax Ltd is ₹ 3634 as of 04 Sep 15:30 The PE Ratio of Capital Goods - Electrical Equipment Industry has changed from -41.3 to 50.0 in 5 years. This represents a CAGR of NaN% The PE Ratio of Automobile industry is 12.5. The PE Ratio of Capital Goods - Electrical Equipment industry is 38.5. The PE Ratio of Finance industry is 16.3. The PE Ratio of IT - Software industry is 18.6. The PE Ratio of Retail industry is 93.7. The PE Ratio of Textiles industry is 36.5 in 2026 .

Historical P/E Ratio of Thermax Ltd

No data available

Company Fundamentals for Thermax Ltd

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Thermax Ltd

NSE: THERMAX

Share Price

₹ 3634.35

-95.35 (-2.56%)

stock direction

Last updated on: Sep 04, 2026

Market Price of Thermax Ltd

1M

1Y

3Y

5Y

Monitoring Thermax 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
04 Sep 20263634.35
03 Sep 20263729.7
02 Sep 20263752.55
01 Sep 20263918.95
31 Aug 20263900.55
28 Aug 20263943
27 Aug 20263961.45
26 Aug 20263963.45
25 Aug 20263996.2
24 Aug 20263977.05

SWOT Analysis Of Thermax Ltd

Strength

3

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Thermax Ltd

Asset Value vs Market Value of Thermax Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Thermax Ltd43305
ABB India Ltd157234
Bharat Heavy Electricals Ltd150895
Siemens Ltd141594
CG Power & Industrial Solutions Ltd140837

PE Ratio of Thermax Ltd Explained

43305

Market cap

593

Earnings

78.7X

PE Ratio

PE Ratio of Capital Goods - Electrical Equipment Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Thermax Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Thermax Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Thermax Ltd

No data available

* All values are in %

About Thermax Ltd

  • Incorporated in 1966 as Wanson India by A.S. Bhathena, Thermax Group is a Rs. 9,323 Crore company headquartered in Pune, India.
  • The Company provide integrated solutions in heating, cooling, power generation, water treatment and recycling, air pollution control and chemicals, emphasizing on ensuring clean air, clean energy and clean water.
  • As a one-stop utility solutions provider, Thermax extends comprehensive operations and maintenance support allied to each of its business verticals as well as a multitude of several specialised services, including retrofitting, revamping, upgrading, and auditing. Additionally, the Company has expanded its services portfolio by introducing digital solutions catering to all asset lifecycle need for a diverse range of its products.
  • It operate globally through 34 international and 22 domestic offices, 14 manufacturing facilities - 10 in India and 4 overseas, spanning Europe and South East Asia.

Thermax Ltd News Hub

Thermax Q1 PAT soars 97% YoY to Rs 116 cr

Revenue from operations stood at Rs 2,184.41 crore during the quarter, grew by 13.01% year on year.

Read more

02 Aug 24

Board of Thermax approves issuance of guarantee on behalf of Thermax (Thailand)

The Board of Thermax at its meeting held on 1 August 2024 has approved issuance of guarantee for an

Read more

01 Aug 24

Board of Thermax approves investment of USD 2.8 mn in Thermax Thailand

The Board of Thermax at its meeting held on 1 August 2024 has approved additional equity investment

Read more

01 Aug 24

Thermax consolidated net profit rises 96.69% in the June 2024 quarter

Net profit of Thermax rose 96.69% to Rs 115.81 crore in the quarter ended June 2024 as against Rs 58

Read more

01 Aug 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 Thermax Ltd

What is the current PE Ratio of Thermax Ltd?

The Current PE Ratio of Thermax Ltd is 78.72 as on 6 Sep 2026.

What is the average PE Ratio of the Capital Goods - Electrical Equipment industry?

The average industry PE Ratio of Capital Goods - Electrical Equipment is 38.3 as on 6 Sep 2026.

What was the PE Ratio of Thermax Ltd last year?

The PE Ratio of Thermax Ltd was 64.88 last year, now the PE ratio is 78.72, showing a year-on-year growth of 21.3%.

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

The PE Ratio of Thermax Ltd is 78.72. This ratio indicates that investors are willing to pay 78.72 times the earnings per share for each share of Thermax Ltd.

What is the PE Ratio Growth of Thermax Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Thermax Ltd grew by 21.3% whereas, the EPS ratio grew by -89.7.

How does the PE ratio of Thermax Ltd compare to industry peers?

The PE ratio of Thermax 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 Thermax 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 Thermax Ltd PE Ratio.

What factors influence the PE ratio of Thermax Ltd PE Ratio?

The PE ratio of Thermax 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 Thermax Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Thermax 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 Thermax Ltd PE Ratio?

You can check the latest PE ratio of Thermax 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 Thermax Ltd PE Ratio?

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

Can the PE ratio of Thermax Ltd PE Ratio predict future stock performance?

While the Thermax 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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