HIND RECTIFIERS
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The Current P/E Ratio of HIND RECTIFIERS is 50.46.
| Share Price | ₹1,399.9 | Jan 13,2026 |
| Market Cap | ₹2,407.7 Cr | |
| Earnings-TTM | ₹47.7 Cr | TTM-Standalone Results |
| Price/Earnings | 50.46x | 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 [ ₹2,407.7 Cr] as on Jan 13,2026
(/) Earnings [ ₹47.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 50.46x ]
Thus, for HIND RECTIFIERS , the investors are currently willing to pay 50.46 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 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 Ratio | Market Cap |
|---|---|---|---|
| HIND RECTIFIERS | 47.72 | 50.46 | 2,407.7 |
| SIEMENS LTD | 1,688.80 | 62.13 | 104,929.0 |
| ABB INDIA LTD | 1,766.99 | 59.54 | 105,206.0 |
| HAVELLS INDIA LTD | 1,455.95 | 61.67 | 89,795.0 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,063.42 | 86.15 | 91,610.6 |
| SUZLON ENERGY LTD | 3,172.50 | 21.05 | 66,795.5 |
| WAAREE ENERGIES LTD | 2,802.45 | 26.67 | 74,734.9 |
| HITACHI ENERGY INDIA LTD | 717.23 | 106.28 | 76,229.2 |
| GE VERNOVA T&D INDIA LTD | 919.85 | 76.03 | 69,934.0 |
| APAR INDUSTRIES LTD | 939.66 | 32.69 | 30,718.1 |
| INOX WIND LTD | 520.57 | 38.21 | 19,892.0 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs HIND RECTIFIERS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 21.05x |
| Max industry PE | 106.28x |
| Median industry PE | 59.54x |
| Average industry PE | 56.44x |
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