HIND RECTIFIERS
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The Current P/E Ratio of HIND RECTIFIERS is 116.76.
| Share Price | ₹1,310.1 | Jul 21,2026 |
| Market Cap | ₹4,506.6 Cr | |
| Earnings-TTM | ₹38.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 116.76x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HIND RECTIFIERS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,506.6 Cr] as on Jul 21,2026
(/) Earnings [ ₹38.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 116.76x ]
Thus, for HIND RECTIFIERS , the investors are currently willing to pay 116.76 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 p/e ratio for fiscal years ending Mar2026 to Mar2024 averaged 51.53x.
- HIND RECTIFIERS 's operated at median p/e ratio of 50.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 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 21.67x.
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 Ratio | Market Cap |
|---|---|---|---|
| HIND RECTIFIERS | 38.60 | 116.76 | 4,506.6 |
| HITACHI ENERGY INDIA LTD | 987.84 | 145.22 | 143,458.0 |
| ABB INDIA LTD | 1,642.42 | 97.20 | 159,638.0 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,196.73 | 120.17 | 143,815.0 |
| SIEMENS LTD | 1,284.80 | 101.68 | 130,634.0 |
| GE VERNOVA T&D INDIA LTD | 1,233.25 | 93.20 | 114,938.0 |
| WAAREE ENERGIES LTD | 3,884.15 | 20.23 | 78,564.8 |
| HAVELLS INDIA LTD | 1,601.65 | 47.70 | 76,405.6 |
| SUZLON ENERGY LTD | 3,163.39 | 23.10 | 73,075.9 |
| APAR INDUSTRIES LTD | 976.89 | 56.83 | 55,516.2 |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 212.56 | 152.66 | 32,448.8 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs HIND RECTIFIERS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 20.23x |
| Max industry PE | 152.66x |
| Median industry PE | 97.20x |
| Average industry PE | 88.61x |
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