EMMVEE PHOTOVOLTAIC POWER
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The Current P/E Ratio of EMMVEE PHOTOVOLTAIC POWER is 21.08.
| Share Price | ₹335.3 | Jun 09,2026 |
| Market Cap | ₹23,212.8 Cr | |
| Earnings-TTM | ₹1,101.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 21.08x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of EMMVEE PHOTOVOLTAIC POWER
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
|---|---|---|---|
| EMMVEE PHOTOVOLTAIC POWER | 1,101.02 | 21.08 | 23,212.8 |
| HITACHI ENERGY INDIA LTD | 987.84 | 156.12 | 154,218.0 |
| ABB INDIA LTD | 1,642.42 | 89.35 | 146,752.0 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,196.73 | 119.87 | 143,447.0 |
| SIEMENS LTD | 1,284.80 | 100.32 | 128,885.0 |
| GE VERNOVA T&D INDIA LTD | 1,233.25 | 102.35 | 126,217.0 |
| WAAREE ENERGIES LTD | 3,884.15 | 22.53 | 87,500.7 |
| HAVELLS INDIA LTD | 1,659.47 | 43.53 | 72,229.2 |
| SUZLON ENERGY LTD | 3,163.39 | 23.99 | 75,874.5 |
| APAR INDUSTRIES LTD | 976.89 | 55.94 | 54,650.0 |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 212.56 | 123.56 | 26,263.2 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs EMMVEE PHOTOVOLTAIC POWER 's P/E Ratio
| Top 10 Industry Peers | PE 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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