Hi-Tech Pipes P/E Ratio
Hi-Tech Pipes (HITECH) P/E ratio is 23.25 (Moderate), EPS (TTM) ₹3.77, current price ₹84.79 on NSE vs historical average P/E of 12.4 (75.0th percentile) — High - Growth expectations or overvalued. For live price, revenue and the complete fundamental profile, see Hi-Tech Pipes share price screener.
Current Valuation Metrics
Valuation Signal
Sector Context
Earnings Breakdown (TTM)
HITECH P/E Ratio — Valuation Signal & Historical Context
Hi-Tech Pipes P/E 23.25 vs historical average 12.4, range 0.66–41.18 — signal: Overvalued. See HITECH P/B ratio to compare market price against book value per share.
- Current PE is 87.6% above historical average
- Trading at discount to sector average PE of 41.27
Hi-Tech Pipes P/E Ratio Historical Trend
HITECH annual price-to-earnings ratio — 8 years, EPS and year-end price. Current P/E 23.25 vs historical average 12.4. Read Hi-Tech Pipes dividend policy for the complete payout history and dividend yield track record.
HITECH Historical P/E Ratio — EPS, Year-End Price & Valuation
Hi-Tech Pipes annual P/E ratio, EPS (₹), year-end price and valuation category on NSE.
| Year | P/E Ratio | EPS (₹) | Year-end Price (₹) | Exchange | Valuation |
|---|---|---|---|---|---|
| 2025 | 41.18 | 3.84 | ₹158.13 | NSE | High |
| 2024 | 27.75 | 4.18 | ₹116.00 | NSE | High |
| 2023 | 22.49 | 3.8 | ₹85.45 | NSE | Moderate |
| 2022 | 3.6 | 14.86 | ₹53.50 | NSE | Low |
| 2021 | 0.66 | 30.51 | ₹20.25 | NSE | Low |
| 2020 | 0.77 | 18.75 | ₹14.40 | NSE | Low |
| 2019 | 0.92 | 22.84 | ₹21.00 | NSE | Low |
| 2018 | 1.8 | 22.93 | ₹41.30 | NSE | Low |
HITECH vs Industrial Products Peers — P/E Ratio Comparison
Hi-Tech Pipes P/E 23.25 vs Industrial Products average 41.27, median 22.07 — range 0.07–550.0.
| Company | Symbol | P/E Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Bengal Steel Industries | BENGALS | 0.07 | - | Low |
| Nova Iron & Steel | NOVIS | 0.31 | ₹45 | Low |
| Meenakshi Steel Industri… | MEENST | 0.32 | ₹1 | Low |
| Taparia Tools | TAPARIA | 0.35 | ₹54 | Low |
| Shah Alloys | SHAHALLOYS | 1.32 | ₹136 | Low |
| SMVD Poly Pack | SMVD | 1.34 | ₹15 | Low |
| Pradhin | PRADHIN | 1.9 | ₹20 | Low |
| Advance Multitech | ADVMULT | 1.93 | ₹2 | Low |
| Unison Metals | UNISON | 2.76 | ₹20 | Low |
| Rollatainers | ROLLT | 3.18 | ₹53 | Low |