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Thermax PE Ratio

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Thermax Ltd

NSE: THERMAX

PE

62.5

Last updated on: May 06, 2025

Key Highlights

  • The P/E Ratio of Thermax Ltd is 62.5 as of 06 May 15:30 PM .
  • The P/E Ratio of Thermax Ltd changed from 39.2 on March 2020 to 73.2 on March 2024 . This represents a CAGR of 13.30% over 5 years.
  • The Latest Trading Price of Thermax Ltd is ₹ 3220 as of 06 May 15:30 .
  • The PE Ratio of Capital Goods-Non Electrical Equipment Industry has changed from 24.1 to 46.0 in 5 years. This represents a CAGR of 13.80%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Capital Goods-Non Electrical Equipment industry is 46.0. 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 139.8. The PE Ratio of Textiles industry is 37.1 in 2024.

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

₹ 3220

-28.55 (-0.88%)

stock direction

Last updated on: May 06, 2025

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
06 May 20253220
05 May 20253248.55
02 May 20253236.55
30 Apr 20253282.75
29 Apr 20253351.15
28 Apr 20253410.85
25 Apr 20253446.85
24 Apr 20253629.2
23 Apr 20253446.9
22 Apr 20253446.7

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 Ltd38708
Cummins India Ltd81518
Jyoti CNC Automation Ltd26519
Carborundum Universal Ltd19336
Grindwell Norton Ltd18151
Jupiter Wagons Ltd15182

PE Ratio of Thermax Ltd Explained

38708

Market cap

619

Earnings

62.5X

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 Capital Goods-Non 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. 8,090 crore company headquartered in Pune, India.
  • The Company offers integrated solutions in heating, cooling, power generation, water treatment and recycling, air pollution control and chemicals, with an emphasis 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 62.53 as on 6 May 2025.

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

The average industry PE Ratio of Capital Goods-Non Electrical Equipment is 46.0 as on 6 May 2025.

What was the PE Ratio of Thermax Ltd last year?

The PE Ratio of Thermax Ltd was 57.26 last year, now the PE ratio is 62.53, showing a year-on-year growth of 9.2%.

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

The PE Ratio of Thermax Ltd is 62.53. This ratio indicates that investors are willing to pay 62.53 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 9.2% whereas, the EPS ratio grew by -41.2.

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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