Hitech Corporation Limited

Hitech Corporation Limitedverified

HITECHCORP.NS

Price:

$194

Market Cap:

$3.33B

Hitech Corporation Limited manufactures, sells, and exports rigid plastic containers in India and internationally. Its products have applications in paints and coatings, personal care, home care, food and beverages, health care, agrochemicals, and lubricants. The company was formerly known as Hitech Plast Limited and changed its name to Hitech Corporation Limited in May 2017. The company was incorporated in 1991 and is headquartered in Mumbai, India. Hitech Corporation Limited is a subsidiary of Geetanjali Trading and Investments Private Limited.

Industry

Packaging & Containers

IPO Date

2007-12-20

Stock Exchange

NSE

Ticker

HITECHCORP.NS

The PE Ratio as of May 2025 (TTM) for Hitech Corporation Limited (HITECHCORP.NS) is 22.88

According to Hitech Corporation Limited’s latest financial reports and current stock price. The company's current PE Ratio is 22.88. This represents a change of -42.66% compared to the average of 39.90 of the last 4 quarters.

Hitech Corporation Limited (HITECHCORP.NS) Historical PE Ratio (quarterly & annually)

How has HITECHCORP.NS PE Ratio performed in the past?

The mean historical PE Ratio of Hitech Corporation Limited over the last ten years is 19.38. The current 22.88 PE Ratio has changed 11.70% with respect to the historical average. Over the past ten years (40 quarters), HITECHCORP.NS's PE Ratio was at its highest in in the December 2017 quarter at 206.93. The PE Ratio was at its lowest in in the March 2015 quarter at -861.15.

Quarterly (TTM)
Annual

Average

19.38

Median

17.30

Minimum

9.30

Maximum

35.34

Hitech Corporation Limited (HITECHCORP.NS) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Hitech Corporation 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 = 212.54%

Maximum Annual PE Ratio = 35.34

Minimum Annual Increase = -66.97%

Minimum Annual PE Ratio = 9.30

Quarterly (TTM)
Annual
YearPE RatioChange
202416.4376.70%
20239.30-11.23%
202210.47-16.53%
202112.55-64.50%
202035.34212.54%
201911.31-66.97%
201834.2338.26%
201724.7636.24%
201618.17-14.51%
201521.26106.18%

Hitech Corporation Limited (HITECHCORP.NS) Average PE Ratio

How has HITECHCORP.NS PE Ratio performed in the past?

The current PE Ratio of Hitech Corporation Limited (HITECHCORP.NS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

12.07

5-year avg

16.82

10-year avg

19.38

Hitech Corporation Limited (HITECHCORP.NS) PE Ratio vs. Peers

How is HITECHCORP.NS’s PE Ratio compared to its peers?

Hitech Corporation Limited’s PE Ratio is greater than Hindustan Composites Limited (18.29), greater than Nahar Poly Films Limited (21.57), greater than Gandhi Special Tubes Limited (14.01), less than GRP Limited (69.73), greater than Kabra Extrusiontechnik Limited (22.86),

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