Harsha Engineers International (NSE:HARSHA) PEG Ratio: 2.12 (As of Jul. 08, 2026) — 10% Above Median


NSE:HARSHA Harsha Engineers International Ltd NSE:HARSHA
85 GF Score
Price ₹434.50
GF Value ₹499.38
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Harsha Engineers International PEG Ratio?

Harsha Engineers International NSE:HARSHA +0.20% 85 PEG Ratio is 2.12 as of Jul. 08, 2026, which is 10% above its 10-year median of 1.92. GuruFocus rates NSE:HARSHA with a GF Score™ of 85/100 and a GF Value™ of ₹499.38 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,280 Industrial Products companies, Harsha Engineers International ranks worse than 55.63% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Harsha Engineers International's PE Ratio without NRI is 25.45. Harsha Engineers International's 5-Year EBITDA growth rate is 12.00%. Therefore, Harsha Engineers International's PEG Ratio for today is 2.12.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Harsha Engineers International's PEG Ratio or its related term are showing as below:

NSE:HARSHA' s PEG Ratio Range Over the Past 10 Years
Min: 1.62   Med: 1.92   Max: 2.13
Current: 2.12


During the past 7 years, Harsha Engineers International's highest PEG Ratio was 2.13. The lowest was 1.62. And the median was 1.92.


NSE:HARSHA's PEG Ratio is ranked worse than
55.63% of 1280 companies
in the Industrial Products industry
Industry Median: 1.83 vs NSE:HARSHA: 2.12

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Harsha Engineers International  (NSE:HARSHA) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Harsha Engineers International PEG Ratio Related Terms


Harsha Engineers International PEG Ratio Historical Data

* Premium members only.

The historical data trend for Harsha Engineers International's PEG Ratio 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.

Harsha Engineers International PEG Ratio Chart

Harsha Engineers International Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PEG Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 2.65 1.64

Harsha Engineers International Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.65 0.00 0.00 0.00 1.64

NSE:HARSHA vs SNA, RBC, LECO: PEG Ratio Comparison

For the Tools & Accessories subindustry, Harsha Engineers International's PEG Ratio, along with its competitors' market caps and PEG Ratio 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.


Harsha Engineers International PEG Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harsha Engineers International's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Harsha Engineers International's PEG Ratio falls into.


NSE:HARSHA
85GF Score
Harsha Engineers International Ltd NSE:HARSHA
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Harsha Engineers International PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Harsha Engineers International's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=25.449540209688/12.00
=2.12

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 2.12 mean?
Harsha Engineers International (NSE:HARSHA) has a PEG Ratio of 2.12 as of Jul. 08, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Harsha Engineers International and its competitors. This is 10% above median its historical median of 1.92. Over the past decade, Harsha Engineers International's PEG Ratio has ranged from 1.62 to 2.13. According to the industry distribution chart, Harsha Engineers International ranks #712 out of 1280 companies in the Industrial Products industry, placing it in the top 55.6%.
Is Harsha Engineers International's PEG Ratio too high?
Harsha Engineers International's current PEG Ratio of 2.12 is 10% above median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 2.13. The Industrial Products industry median PEG Ratio is 1.83. Harsha Engineers International's value of 2.12 is 15.8% above this industry median. Based on the distribution chart, Harsha Engineers International ranks #712 out of 1280 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Harsha Engineers International has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harsha Engineers International's PEG Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Harsha Engineers International ranks #712 out of 1280 companies for PEG Ratio. This places Harsha Engineers International in the lower half of its industry. The industry median PEG Ratio is 1.83. Harsha Engineers International's value of 2.12 is 15.8% above this benchmark. Historically, Harsha Engineers International's own PEG Ratio has ranged from 1.62 to 2.13 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 1.83, Harsha Engineers International 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 PEG Ratio for an Industrial Products company?
The median PEG Ratio among Industrial Products companies is 1.83, based on 1,280 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harsha Engineers International's current PEG Ratio of 2.12 is 15.8% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Harsha Engineers International and its competitors. For the Industrial Products industry, the median PEG Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harsha Engineers International's current PEG Ratio is 2.12, which is 10% above median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harsha Engineers International stock overvalued right now?
Based on GuruFocus' analysis, Harsha Engineers International (NSE:HARSHA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹499.38, compared to a current price of ₹434.50 — trading 13% below its estimated fair value. The current PEG Ratio is 2.12, which is 10% above median its 10-year median of 1.92 and 15.8% above the Industrial Products industry median of 1.83. Harsha Engineers International's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Harsha Engineers International (NSE:HARSHA), the current PEG Ratio is 2.12 as of Jul. 08, 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 Harsha Engineers International (NSE:HARSHA) Overvalued in 2026?

Based on GuruFocus' analysis, Harsha Engineers International stock appears to be undervalued. The current stock price of ₹434.50 is trading 13% below its estimated GF Value™ of ₹499.38. GuruFocus considers Harsha Engineers International to be Modestly Undervalued.

Key valuation signals for NSE:HARSHA:

  • PEG Ratio: 2.12 (10% above median its 10-year median of 1.92)
  • GF Value™: ₹499.38 vs. price of ₹434.50 (13% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 15.8% above the Industrial Products median (#712 of 1280)

No single metric tells the full story. See the NSE:HARSHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harsha Engineers International Business Description

Other Exchanges 543600:India
Address NH-8A,Sarkhej-Bavla Highway, Changodar, Ahmedabad, GJ, IND, 382213
Harsha Engineers International Ltd is a manufacturer of precision bearing cages. The company supplies its products to customers covering five continents such as North America, Europe, Asia, South America, and Africa. It comprises two segments: Engineering business, under which the company manufactures bearing cages (in brass, steel, and polyamide materials), complex and specialized precision stamped components, welded assemblies and brass castings and cages & bronze bushings: and Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.
85GF Score

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PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹434.50
Price
₹499.38
GF Value