MTAR TechnologiesNSE:MTARTECH -4.96%74 PE Ratio (TTM) is 230.00 as of Jul. 06, 2026, which is 170% above its 10-year median of 85.28. GuruFocus rates NSE:MTARTECH with a GF Score™ of 74/100 and a GF Value™ of ₹3,379.68 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,232 Industrial Products companies, MTAR Technologies ranks worse than 94.44% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-06), MTAR Technologies's share price is
₹7033.50.
MTAR Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹30.58. Therefore, MTAR Technologies's PE Ratio (TTM) for today is 230.00.
The historical rank and industry rank for MTAR Technologies's PE Ratio (TTM) or its related term are showing as below:
NSE:MTARTECH'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 46.96 Med: 85.28 Max: 273.72
Current: 230.32
During the past 9 years, the highest PE Ratio (TTM) of MTAR Technologies was 273.72. The lowest was 46.96. And the median was 85.28.
NSE:MTARTECH's PE Ratio (TTM) is ranked worse than 94.44% of 2232
companies
in the Industrial Products industry
Industry Median: 29.465
vs NSE:MTARTECH: 230.32
During the past 12 months, MTAR Technologies's average EPS without NRIGrowth Rate was 83.10% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was -1.50% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 6.20% per year.
During the past 9 years, MTAR Technologies's highest 3-Year average EPS without NRI Growth Rate was 106.40% per year. The lowest was -3.80% per year. And the median was 8.20% per year.
MTAR Technologies's EPS (Basic) for the
three
months ended in Mar. 2026 was ₹14.40.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹30.58.
MTAR Technologies (NSE:MTARTECH) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
MTAR Technologies PE Ratio (TTM) Related Terms
MTAR Technologies PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for MTAR Technologies's PE Ratio (TTM) 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:MTARTECH vs GEV, ETN, PH: PE Ratio (TTM) Comparison
For the Specialty Industrial Machinery subindustry, MTAR Technologies's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.
MTAR Technologies PE Ratio (TTM) vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MTAR Technologies's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where MTAR Technologies's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
MTAR Technologies's Share Price of today is ₹7033.50.
MTAR Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹30.58.
* 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.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
MTAR Technologies (NSE:MTARTECH) has a PE Ratio (TTM) of 230.00 as of Jul. 06, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on MTAR Technologies and its competitors. This is 170% above median its historical median of 85.28. Over the past decade, MTAR Technologies' PE Ratio (TTM) has ranged from 46.96 to 273.72. According to the industry distribution chart, MTAR Technologies ranks #2108 out of 2232 companies in the Industrial Products industry, placing it in the top 94.4%.
Is MTAR Technologies' PE Ratio (TTM) too high?
MTAR Technologies' current PE Ratio (TTM) of 230.00 is 170% above median its 10-year median of 85.28. Over the past 10 years, this metric has ranged from a low of 46.96 to a high of 273.72. The Industrial Products industry median PE Ratio (TTM) is 29.47. MTAR Technologies' value of 230.00 is 680.6% above this industry median. Based on the distribution chart, MTAR Technologies ranks #2108 out of 2232 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, MTAR Technologies has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTAR Technologies' PE Ratio (TTM) compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MTAR Technologies ranks #2108 out of 2232 companies for PE Ratio (TTM). This places MTAR Technologies in the lower half of its industry. The industry median PE Ratio (TTM) is 29.47. MTAR Technologies' value of 230.00 is 680.6% above this benchmark. Historically, MTAR Technologies' own PE Ratio (TTM) has ranged from 46.96 to 273.72 over the past decade. While the company's 10-year median is 85.28 vs. the industry median of 29.47, MTAR Technologies 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 PE Ratio (TTM) for an Industrial Products company?
The median PE Ratio (TTM) among Industrial Products companies is 29.47, based on 2,232 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MTAR Technologies's current PE Ratio (TTM) of 230.00 is 680.6% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on MTAR Technologies and its competitors. For the Industrial Products industry, the median PE Ratio (TTM) is 29.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTAR Technologies's current PE Ratio (TTM) is 230.00, which is 170% above median its own 10-year median of 85.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTAR Technologies stock overvalued right now?
Based on GuruFocus' analysis, MTAR Technologies (NSE:MTARTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,379.68, compared to a current price of ₹7,033.50 — trading 108.1% above its estimated fair value. The current PE Ratio (TTM) is 230.00, which is 170% above median its 10-year median of 85.28 and 680.6% above the Industrial Products industry median of 29.47. MTAR Technologies' overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For MTAR Technologies (NSE:MTARTECH), the current PE Ratio (TTM) is 230.00 as of Jul. 06, 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 MTAR Technologies (NSE:MTARTECH) Overvalued in 2026?
Based on GuruFocus' analysis, MTAR Technologies stock appears to be overvalued.
The current stock price of ₹7,033.50 is trading 108.1% above its estimated GF Value™ of ₹3,379.68.
GuruFocus considers MTAR Technologies to be Significantly Overvalued.
Key valuation signals for NSE:MTARTECH:
PE Ratio (TTM): 230.00 (170% above median its 10-year median of 85.28)
GF Value™: ₹3,379.68 vs. price of ₹7,033.50 (108.1% above fair value)
Industry Position: 680.6% above the Industrial Products median (#2108 of 2232)
No single metric tells the full story. See the NSE:MTARTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTAR Technologies Ltd is a national player in the precision engineering industry. It is engaged in the manufacturing of mission-critical precision components with close tolerance and in critical assemblies through its precision machining, assembly, specialized fabrication, testing, and quality control processes. A wide range of complex product portfolios meets the varied requirements of the Nuclear, Space and Defence, and Clean Energy sector. Geographically, it operates in India as well as Outside India.
74GF Score
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