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
55.55
High Valuation
Very High - High growth expectations or significantly overvalued
Current Valuation Metrics
P/E Ratio
55.55
Current Price
₹3101.80
EPS (TTM)
₹56.33
Exchange
NSE
Valuation Signal
Signal
Overvalued
Historical Avg
45.37
Historical Range
32.13 - 64.97
Percentile
77.8%
Sector Context
Sector Average
40.31
Sector Median
27.99
Sector Rank
#11 of 163
Sector Percentile
6.7%
Earnings Breakdown (TTM)
TTM EPS
₹60.54
Sept 2025
₹10.62
Mar 2025
₹18.27
Key P/E Ratio Insights for Thermax
- Stock appears overvalued with PE of 55.55, suggesting caution for new investments
- Current PE is 22.4% above historical average
- Trading at premium to sector average PE of 40.31
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 |
|---|---|---|---|---|---|
| 2025 | 64.97 | 60.54 | ₹3933.45 | NSE | High |
| 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
40.31
Sector Median
27.99
Lowest P/E
0.04
Highest P/E
341.17
Companies
163
| Company | Symbol | P/E Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Hindustan Udyog | ZHINUDYP | 0.04 | ₹2 | Low |
| Gensol Engineering | GENSOL | 1.17 | ₹96 | Low |
| Indian Hume Pipe | INDIANHUME | 2.9 | ₹1,752 | Low |
| ATC Energies System | ATCENERGY | 5.11 | ₹58 | Low |
| Jyoti | JYOTI | 6.44 | ₹148 | Low |
| International Conveyors | INTLCONV | 6.46 | ₹502 | Low |
| Sampat Aluminium | SAMPAT | 6.72 | ₹45 | Low |
| Hariyana Ship Breakers | HRYNSHP | 6.72 | ₹68 | Low |
| Ducon Infratechnologies | DUCON | 8.21 | ₹108 | Low |
| Smarten Power Systems | SMARTEN | 8.63 | ₹113 | Low |