Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hi-Tech PipesNSE:HITECH +0.55%87 EV-to-EBITDA is 9.92 as of Aug. 25, 2026, which is 3% above its 10-year median of 9.66. GuruFocus rates NSE:HITECH with a GF Score™ of 87/100 and a GF Value™ of ₹141.83 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 529 Steel companies, Hi-Tech Pipes ranks worse than 51.98% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Hi-Tech Pipes's enterprise value is ₹18,257 Mil.
Hi-Tech Pipes's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹1,841 Mil. Therefore, Hi-Tech Pipes's EV-to-EBITDA for today is 9.92.
The historical rank and industry rank for Hi-Tech Pipes's EV-to-EBITDA or its related term are showing as below:
NSE:HITECH'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.24 Med: 9.66 Max: 26.78
Current: 9.92
During the past 12 years, the highest EV-to-EBITDA of Hi-Tech Pipes was 26.78. The lowest was 1.24. And the median was 9.66.
NSE:HITECH's EV-to-EBITDA is ranked worse than 51.98% of 529
companies
in the Steel industry
Industry Median: 9.43
vs NSE:HITECH: 9.92
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Hi-Tech Pipes's PE Ratio (TTM) for today is calculated as:
Hi-Tech Pipes's share price for today is ₹81.16.
Hi-Tech Pipes's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3.730.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Hi-Tech Pipes's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:HITECH vs NUE, STLD, RS: EV-to-EBITDA Comparison
For the Steel subindustry, Hi-Tech Pipes's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hi-Tech Pipes EV-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Hi-Tech Pipes's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Hi-Tech Pipes's EV-to-EBITDA falls into.
Hi-Tech Pipes's current Enterprise Value is ₹18,257 Mil.
Hi-Tech Pipes's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,841 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hi-Tech Pipes (NSE:HITECH) has a EV-to-EBITDA of 9.92 as of Aug. 25, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Hi-Tech Pipes. This is near median its historical median of 9.66. Over the past decade, Hi-Tech Pipes' EV-to-EBITDA has ranged from 1.24 to 26.78. According to the industry distribution chart, Hi-Tech Pipes ranks #275 out of 529 companies in the Steel industry, placing it in the top 52%.
Is Hi-Tech Pipes' EV-to-EBITDA too high?
Hi-Tech Pipes' current EV-to-EBITDA of 9.92 is near median its 10-year median of 9.66. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 26.78. The Steel industry median EV-to-EBITDA is 9.43. Hi-Tech Pipes' value of 9.92 is 5.2% above this industry median. Based on the distribution chart, Hi-Tech Pipes ranks #275 out of 529 companies in the Steel industry, which is below the industry midpoint. Overall, Hi-Tech Pipes has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hi-Tech Pipes' EV-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Hi-Tech Pipes ranks #275 out of 529 companies for EV-to-EBITDA. This places Hi-Tech Pipes in the lower half of its industry. The industry median EV-to-EBITDA is 9.43. Hi-Tech Pipes' value of 9.92 is 5.2% above this benchmark. Historically, Hi-Tech Pipes' own EV-to-EBITDA has ranged from 1.24 to 26.78 over the past decade. While the company's 10-year median is 9.66 vs. the industry median of 9.43, Hi-Tech Pipes has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Steel company?
The median EV-to-EBITDA among Steel companies is 9.43, based on 529 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hi-Tech Pipes's current EV-to-EBITDA of 9.92 is 5.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Hi-Tech Pipes. For the Steel industry, the median EV-to-EBITDA is 9.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi-Tech Pipes's current EV-to-EBITDA is 9.92, which is near median its own 10-year median of 9.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Tech Pipes stock overvalued right now?
Based on GuruFocus' analysis, Hi-Tech Pipes (NSE:HITECH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹141.83, compared to a current price of ₹81.16 — trading 42.8% below its estimated fair value. The current EV-to-EBITDA is 9.92, which is near median its 10-year median of 9.66 and 5.2% above the Steel industry median of 9.43. Hi-Tech Pipes' overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Hi-Tech Pipes (NSE:HITECH), the current EV-to-EBITDA is 9.92 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hi-Tech Pipes (NSE:HITECH) Overvalued in 2026?
Based on GuruFocus' analysis, Hi-Tech Pipes stock appears to be undervalued.
The current stock price of ₹81.16 is trading 42.8% below its estimated GF Value™ of ₹141.83.
GuruFocus considers Hi-Tech Pipes to be Possible Value Trap.
Key valuation signals for NSE:HITECH:
EV-to-EBITDA: 9.92 (near median its 10-year median of 9.66)
GF Value™: ₹141.83 vs. price of ₹81.16 (42.8% below fair value)
Industry Position: 5.2% above the Steel median (#275 of 529)
No single metric tells the full story. See the NSE:HITECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hi-Tech Pipes Ltd manufactures and markets a wide range of steel tubes used in industries like infrastructure, telecom, defense, power distribution, railways, airports, construction, real estate, and automotive. Its products include Black Steel Tubes, Rectangular and Hollow sections, Galvanised Steel Tubes, Metal Beam Highway Crash Barriers, Cold Rolling Coils, Cold Formed Sections, Black Hollow Section and Round Pipes, Galvanized Pipes, Pre-Galvanized Pipes, and Cold Rolled Coils. The Indian steel pipes and tubes industry includes segments such as seamless, ERW, LSAW, HSAW, galvanized iron, ductile iron, and black steel pipes, which serve various applications ranging from high-pressure oil and gas pipelines to water supply and general engineering purposes.
87GF Score
Get the complete analysis for NSE:HITECH
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:HITECH has been successfully added to your 
