Latest Thermax stock price
Thermax P/E Ratio
THERMAX • P/E ratio trend, valuation band, and sector comparison — all formatted to support journal-based trading review.
Current P/E Ratio
61.98
High Valuation
Very High - High growth expectations or significantly overvalued
Current Valuation Metrics
P/E Ratio
61.98
Current Price
₹3023.40
EPS (TTM)
₹56.33
Exchange
NSE
Valuation Signal
Signal
Overvalued
Historical Avg
42.92
Historical Range
32.13 - 56.25
Percentile
100.0%
Sector Context
Sector Average
43.35
Sector Median
31.78
Sector Rank
#11 of 141
Sector Percentile
7.8%
Earnings Breakdown (TTM)
TTM EPS
₹59.91
Sept 2025
₹10.62
Mar 2025
₹18.27
Key P/E Ratio Insights for Thermax
- Stock appears overvalued with PE of 61.98, suggesting caution for new investments
- Current PE is 44.4% above historical average
- Trading at premium to sector average PE of 43.35
View the THERMAX equity price for detailed stock performance.
P/E Ratio Historical Trend for Thermax
Historical P/E ratio trend based on annual earnings data. Lower P/E ratios may indicate undervaluation, while higher ratios suggest growth expectations.
Related Pages for Thermax
Additional stock information and data for THERMAX
Historical P/E Ratio Data
| Year | P/E Ratio | EPS (₹) | Year-end Price (₹) | Exchange | Valuation |
|---|---|---|---|---|---|
| 2024 | 56.25 | 54.96 | ₹3091.40 | NSE | High |
| 2023 | 36.15 | 54.25 | ₹1961.30 | NSE | High |
| 2022 | 51.5 | 35.23 | ₹1814.20 | NSE | High |
| 2021 | 32.13 | 28.16 | ₹904.80 | NSE | High |
| 2019 | 42.4 | 26.67 | ₹1130.70 | NSE | High |
| 2018 | 49.81 | 24.35 | ₹1212.85 | NSE | High |
| 2017 | 41.51 | 17.77 | ₹737.60 | NSE | High |
| 2016 | 33.62 | 26.33 | ₹885.10 | NSE | High |
Sector P/E Ratio Comparison
Comparing Thermax with other companies in Capital Goods sector
Sector Average
43.35
Sector Median
31.78
Lowest P/E
1.15
Highest P/E
295.62
Companies
141
| Company | Symbol | P/E Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Gensol Engineering | GENSOL | 1.15 | ₹95 | Low |
| Galaxy Agrico Exports | GALAGEX | 3.21 | ₹16 | Low |
| Indian Hume Pipe | INDIANHUME | 3.87 | ₹2,226 | Low |
| Harshil Agrotech | HARSHILAGR | 5.67 | ₹48 | Low |
| ATC Energies System | ATCENERGY | 6.2 | ₹69 | Low |
| International Conveyors | INTLCONV | 8.09 | ₹541 | Low |
| Ducon Infratechnologies | DUCON | 8.12 | ₹109 | Low |
| Sugs Lloyd | SUGSLLOYD | 9.94 | ₹215 | Low |
| GE Power | GVPIL | 10.63 | ₹2,169 | Low |
| Austin Engineering Compa… | AUSTENG | 10.64 | ₹45 | Low |