THERMAX LTD Peer Comparison
THERMAX · Capital Goods · Current price ₹3,327
Peers tracked
11
THERMAX LTD P/E
52.0x
Sector
Capital Goods
THERMAX LTD vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| BHEL | ₹434.6 | 61.8x | 1,51,330 |
| ABB INDIA LIMITED | ₹6,801 | — | 1,44,119 |
| CG POWER AND IND SOL LTD | ₹846 | 115.4x | 1,33,285 |
| HITACHI ENERGY INDIA LTD | ₹28,990 | 120.4x | 1,29,215 |
| SIEMENS LTD | ₹3,624 | 43.2x | 1,29,058 |
| GE VERNOVA T&D INDIA LTD | ₹3,959.1 | 88.3x | 1,01,371 |
| WAAREE ENERGIES LIMITED | ₹2,565.4 | 18.3x | 73,794 |
| APAR INDUSTRIES LTD. | ₹16,033 | 61.3x | 67,134 |
| SUZLON ENERGY LIMITED | ₹42 | 19.2x | 57,734 |
| THERMAX LTD | ₹3,326.8 | 73.5x | 39,641 |
| DHOOT TRANSMISSION LTD | ₹1,551.8 | 82.0x | 31,742 |
THERMAX LTD versus its peers
THERMAX LTD operates in the Capital Goods space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 52.0x may be cheap in one industry and expensive in another.
More on THERMAX LTD
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

