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Thermax’s current P/E of 50.33x helps give context to how the market is valuing the stock based on recent earnings and growth expectations.

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Over the last one year, Thermax has declined 9.27% compared to peers like PTC Industries (31.94%), Craftsman Automation (93.84%), Ircon International (-8.54%). From a 5 year perspective, Thermax has underperformed peers relative to PTC Industries (110.47%) and Craftsman Automation (40.10%).

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