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HIND RECTIFIERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of HIND RECTIFIERS is 252.07.

Share Price ₹727.8Apr 24,2024
Market Cap ₹1,244.5 Cr
Earnings-TTM₹4.9 CrTTM-Standalone Results
Price/Earnings252.07xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HIND RECTIFIERS

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 HIND RECTIFIERS is calculated as :

Current Market Cap [ ₹1,244.5 Cr] as on Apr 24,2024

(/) Earnings [ ₹4.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 252.07x ]

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

Thus, for HIND RECTIFIERS , the investors are currently willing to pay 252.07 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 HIND RECTIFIERS !

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 HIND RECTIFIERS over the last five years.

Historical PE (Price/Earnings) ratio chart of HIND RECTIFIERS


PE Ratio Performance Analysis for HIND RECTIFIERS

- HIND RECTIFIERS 's latest p/e ratio is 252.07x.

- HIND RECTIFIERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 20.59x.

- HIND RECTIFIERS 's operated at median p/e ratio of 15.99x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HIND RECTIFIERS 's p/e ratio peaked in Mar2022 at 39.42x.

- HIND RECTIFIERS 's p/e ratio hit its five-year low in Mar2023 of 0x.


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

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HIND RECTIFIERS 4.94252.071,244.5
SIEMENS LTD2,005.00100.70201,911.0
ABB INDIA LTD1,248.18107.69134,412.0
HAVELLS INDIA LTD1,182.1083.1098,232.6
CG POWER AND INDUSTRIAL SOLUTIONS LTD897.3392.7883,254.9
SUZLON ENERGY LTD726.2278.4556,969.1
HITACHI ENERGY INDIA LTD100.93344.8934,809.3
APAR INDUSTRIES LTD832.2537.7431,409.0
GE T&D INDIA LTD99.41277.5927,595.4
INOX WIND LTD-209.45-93.8019,646.6
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD213.5981.5217,411.6

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

Top 10 Industry PeersPE Ratio
Min industry PE -93.80x
Max industry PE 344.89x
Median industry PE 92.78x
Average industry PE 123.88x



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