HITECHIron & Steel Products
Hi Tech Pipes Ltd — PE Ratio & Valuation Analysis
₹70.93
-3.23%
Current P/E25.97xPrice to earnings
Industry P/E22.05xSector average
4Y Avg P/E39.9x34.9% below avg
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17.8% Premium to Industry
HITECH P/E 25.97x vs sector avg 22.05x
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Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2025 | ₹3.98 | ₹92 | 23.1x |
| 2024 | ₹2.69 | ₹160 | 59.3x |
| 2023 | ₹2.18 | ₹115 | 52.8x |
| 2022 | ₹3.38 | ₹82 | 24.3x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
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Understanding Hi Tech Pipes Ltd Valuation
Hi Tech Pipes Ltd (HITECH) currently trades at 25.97x earnings. The Iron & Steel Products sector average PE is 22.05x. HITECH commands a premium, reflecting high growth expectations. Historically, HITECH has traded at an average PE of 39.9x — it is currently below that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only — not investment advice.
ROE
7.95%
Dividend Yield
0.03%
More on Hi Tech Pipes Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.