Valuation Watch: 12 mid-cap stocks with sky-high PE ratios

A P/E ratio above 100 indicates that a company's stock is trading at more than 100 times its trailing 12-month earnings, often reflecting strong growth expectations or rich valuations. The ratio is calculated using the latest end-of-day stock price and trailing 12-month (TTM) earnings per share. Based on a valuation scan by StockEdge.com, we have highlighted the top 12 stocks from the NSE midcap pack with the highest TTM P/E ratios, using financials up to the March 2026 quarter and excluding banking and financial stocks.
While a high P/E suggests strong growth expectations from investors, it can also signal overvaluation or speculative buying. It's important to assess the company's fundamentals and market conditions for a more accurate evaluation.

TTM Price to Earning (PE): 678.7x | Industry: Aviation

TTM Price to Earning (PE): 444.85x | Industry: Information Technology

TTM Price to Earning (PE): 187.9x | Industry: Healthcare

TTM Price to Earning (PE): 180.15x | Industry: Healthcare

TTM Price to Earning (PE): 153.89x | Industry: Power

TTM Price to Earning (PE): 141.75x | Industry: Information Technology

TTM Price to Earning (PE): 121.16x | Industry: Capital Goods

TTM Price to Earning (PE): 121.06x | Industry: Gas Transmission

TTM Price to Earning (PE): 112.86x | Industry: Consumer Durables

TTM Price to Earning (PE): 111.63x | Industry: Industrial Gases & Fuels

TTM Price to Earning (PE): 109.91x | Industry: Information Technology