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HIND RECTIFIERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of HIND RECTIFIERS is 67.01.

Share Price ₹1,681.3Sep 05,2025
Market Cap ₹2,891.8 Cr
Earnings-TTM₹43.2 CrTTM-Standalone Results
Price/Earnings67.01xCalculated 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 [ ₹2,891.8 Cr] as on Sep 05,2025

(/) Earnings [ ₹43.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 67.01x ]

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 67.01 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 67.01x.

- HIND RECTIFIERS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 40.41x.

- HIND RECTIFIERS 's operated at median p/e ratio of 39.42x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HIND RECTIFIERS 's p/e ratio peaked in Mar2024 at 82.49x.

- 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 43.1667.012,891.8
SIEMENS LTD2,034.6054.08110,032.0
ABB INDIA LTD1,798.5860.37108,580.0
HAVELLS INDIA LTD1,410.2670.3799,246.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD998.61116.13115,967.0
SUZLON ENERGY LTD2,093.6637.8979,318.5
WAAREE ENERGIES LTD2,299.9040.2392,531.0
HITACHI ENERGY INDIA LTD505.16166.2984,000.9
GE VERNOVA T&D INDIA LTD764.9992.0770,432.0
APAR INDUSTRIES LTD881.7835.4331,244.7
INOX WIND LTD490.1751.4125,197.7

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

Top 10 Industry PeersPE Ratio
Min industry PE 35.43x
Max industry PE 166.29x
Median industry PE 60.37x
Average industry PE 71.93x



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