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HAVELLS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of HAVELLS INDIA is 43.52.

Share Price ₹1,150.8Jun 05,2026
Market Cap ₹72,221.1 Cr
Earnings-TTM₹1,659.5 CrTTM-Consolidated Results
Price/Earnings43.52xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HAVELLS INDIA

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 HAVELLS INDIA is calculated as :

Current Market Cap [ ₹72,221.1 Cr] as on Jun 05,2026

(/) Earnings [ ₹1,659.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 43.52x ]

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

Thus, for HAVELLS INDIA , the investors are currently willing to pay 43.52 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 HAVELLS INDIA !

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 HAVELLS INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of HAVELLS INDIA


PE Ratio Performance Analysis for HAVELLS INDIA

- HAVELLS INDIA 's latest p/e ratio is 43.52x.

- HAVELLS INDIA 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 62.76x.

- HAVELLS INDIA 's operated at median p/e ratio of 65.05x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HAVELLS INDIA 's p/e ratio peaked in Mar2024 at 74.71x.

- HAVELLS INDIA 's p/e ratio hit its five-year low in Mar2026 of 44.19x.


How does HAVELLS INDIA 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HAVELLS INDIA 1,659.4743.5272,221.1
HITACHI ENERGY INDIA LTD987.84166.29164,269.0
ABB INDIA LTD1,642.4292.43151,804.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,196.73123.43147,715.0
SIEMENS LTD1,284.80102.61131,832.0
GE VERNOVA T&D INDIA LTD1,233.25104.95129,432.0
WAAREE ENERGIES LTD3,884.1522.6187,828.6
SUZLON ENERGY LTD3,163.3924.0476,053.1
APAR INDUSTRIES LTD976.8957.0455,720.5
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD212.56132.0228,061.2
TD POWER SYSTEMS LTD238.7885.8920,507.3

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs HAVELLS INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 22.61x
Max industry PE 166.29x
Median industry PE 92.43x
Average industry PE 86.80x



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