Hi-Tech Pipes Limited

Hi-Tech Pipes Limitedverified

HITECH.BO

Price:

$97.29

Market Cap:

$19.76B

Hi-Tech Pipes Limited manufactures and sells steel products for infrastructure, constructions, automobiles, energy, agriculture, defense, engineering, and telecom industries in India. It offers GI pipes for agriculture and poly houses; steel pipes that are used for firefighting in commercial buildings and housing projects, as well as railing, fencing, road signs, cladding, furniture and containers, solar mounting structure, roof top sheds, infrastructure, airport, and metro stations; casing pipes for use in borewell and water; structural pipes for poles and railings, scaffolding, casing columns, and telecom tower applications; cold rolled coils and strips, which are used in housing, automobi...[Read more]

Industry

Steel

IPO Date

2021-12-16

Stock Exchange

BSE

Ticker

HITECH.BO

The PE Ratio as of May 2025 (TTM) for Hi-Tech Pipes Limited (HITECH.BO) is 25.01

According to Hi-Tech Pipes Limited’s latest financial reports and current stock price. The company's current PE Ratio is 25.01. This represents a change of -38.14% compared to the average of 40.43 of the last 4 quarters.

Hi-Tech Pipes Limited (HITECH.BO) Historical PE Ratio (quarterly & annually)

How has HITECH.BO PE Ratio performed in the past?

The mean historical PE Ratio of Hi-Tech Pipes Limited over the last ten years is 18.10. The current 25.01 PE Ratio has changed 13.72% with respect to the historical average. Over the past ten years (40 quarters), HITECH.BO's PE Ratio was at its highest in in the June 2020 quarter at 61.82. The PE Ratio was at its lowest in in the March 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

18.10

Median

14.92

Minimum

4.22

Maximum

44.39

Hi-Tech Pipes Limited (HITECH.BO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Hi-Tech Pipes Limited PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 392.44%

Maximum Annual PE Ratio = 44.39

Minimum Annual Increase = -55.90%

Minimum Annual PE Ratio = 4.22

Quarterly (TTM)
Annual
YearPE RatioChange
202444.3969.69%
202326.1675.28%
202214.92-28.25%
202120.80392.44%
20204.22-55.90%
20199.58-53.22%
201820.4737.25%
201714.9230.86%
201611.40-19.22%
201514.11-1.12%

Hi-Tech Pipes Limited (HITECH.BO) Average PE Ratio

How has HITECH.BO PE Ratio performed in the past?

The current PE Ratio of Hi-Tech Pipes Limited (HITECH.BO) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

28.49

5-year avg

22.10

10-year avg

18.10

Hi-Tech Pipes Limited (HITECH.BO) PE Ratio vs. Peers

How is HITECH.BO’s PE Ratio compared to its peers?

Hi-Tech Pipes Limited’s PE Ratio is

CompanyPE RatioMarket cap

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