HEGElectrodes & Refractories
Hindustan Electro Graphite Limited — PE Ratio & Valuation Analysis
₹542.40
+13.75%
Current P/E39.07xPrice to earnings
Industry P/E39.96xSector average
4Y Avg P/E39.8x1.9% below avg
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2.2% Discount to Industry
HEG P/E 39.07x vs sector avg 39.96x
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Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2025 | ₹5.96 | ₹624 | 104.7x |
| 2024 | ₹16.15 | ₹510 | 31.6x |
| 2023 | ₹27.59 | ₹382 | 13.8x |
| 2022 | ₹22.34 | ₹206 | 9.2x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
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Understanding Hindustan Electro Graphite Limited Valuation
Hindustan Electro Graphite Limited (HEG) currently trades at 39.07x earnings. The Electrodes & Refractories sector average PE is 39.96x. HEG is trading at a discount to peers — may indicate relative value. Historically, HEG has traded at an average PE of 39.8x — 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
2.59%
Dividend Yield
0.34%
More on Hindustan Electro Graphite Limited
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.