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HIND RECTIFIERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of HIND RECTIFIERS is 99.59.

Share Price ₹1,117.4May 29,2026
Market Cap ₹3,843.7 Cr
Earnings-TTM₹38.6 CrTTM-Consolidated Results
Price/Earnings99.59xCalculated 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 [ ₹3,843.7 Cr] as on May 29,2026

(/) Earnings [ ₹38.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 99.59x ]

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 99.59 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 99.59x.

- HIND RECTIFIERS 's p/e ratio for fiscal years ending Mar2025 to Mar2024 averaged 62.91x.

- HIND RECTIFIERS 's operated at median p/e ratio of 82.49x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 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 Mar2025 of 43.33x.


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 38.6099.593,843.7
HITACHI ENERGY INDIA LTD987.84173.48171,374.0
ABB INDIA LTD1,642.4293.28153,201.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,196.73120.71144,463.0
SIEMENS LTD1,284.80106.40136,707.0
GE VERNOVA T&D INDIA LTD1,233.25106.16130,919.0
WAAREE ENERGIES LTD3,884.1523.3690,720.9
HAVELLS INDIA LTD1,659.4744.5173,857.7
SUZLON ENERGY LTD3,163.3924.7978,425.4
APAR INDUSTRIES LTD976.8953.8452,597.3
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD212.56147.3331,315.5

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

Top 10 Industry PeersPE Ratio
Min industry PE 23.36x
Max industry PE 173.48x
Median industry PE 99.59x
Average industry PE 90.31x



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