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EMMVEE PHOTOVOLTAIC POWER
PE (Price/Earnings) Ratio

The Current P/E Ratio of EMMVEE PHOTOVOLTAIC POWER is 21.08.

Share Price ₹335.3Jun 09,2026
Market Cap ₹23,212.8 Cr
Earnings-TTM₹1,101.0 CrTTM-Consolidated Results
Price/Earnings21.08xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of EMMVEE PHOTOVOLTAIC POWER

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of EMMVEE PHOTOVOLTAIC POWER is calculated as :

Current Market Cap [ ₹23,212.8 Cr] as on Jun 09,2026

(/) Earnings [ ₹1,101.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 21.08x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for EMMVEE PHOTOVOLTAIC POWER , the investors are currently willing to pay 21.08 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of EMMVEE PHOTOVOLTAIC POWER !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of EMMVEE PHOTOVOLTAIC POWER over the last five years.

Historical PE (Price/Earnings) ratio chart of EMMVEE PHOTOVOLTAIC POWER


PE Ratio Performance Analysis for EMMVEE PHOTOVOLTAIC POWER

- EMMVEE PHOTOVOLTAIC POWER 's latest p/e ratio is 21.08x.

- EMMVEE PHOTOVOLTAIC POWER 's p/e ratio for fiscal years ending Mar2025 to Mar2023 averaged 0.00x.

- EMMVEE PHOTOVOLTAIC POWER 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, EMMVEE PHOTOVOLTAIC POWER 's p/e ratio peaked in Mar2025 at 0x.

- EMMVEE PHOTOVOLTAIC POWER 's p/e ratio hit its five-year low in Mar2025 of 0x.


How does EMMVEE PHOTOVOLTAIC POWER 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
EMMVEE PHOTOVOLTAIC POWER 1,101.0221.0823,212.8
HITACHI ENERGY INDIA LTD987.84156.12154,218.0
ABB INDIA LTD1,642.4289.35146,752.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,196.73119.87143,447.0
SIEMENS LTD1,284.80100.32128,885.0
GE VERNOVA T&D INDIA LTD1,233.25102.35126,217.0
WAAREE ENERGIES LTD3,884.1522.5387,500.7
HAVELLS INDIA LTD1,659.4743.5372,229.2
SUZLON ENERGY LTD3,163.3923.9975,874.5
APAR INDUSTRIES LTD976.8955.9454,650.0
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD212.56123.5626,263.2

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs EMMVEE PHOTOVOLTAIC POWER 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 21.08x
Max industry PE 156.12x
Median industry PE 89.35x
Average industry PE 78.06x



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