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IGARASHI MOTORS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of IGARASHI MOTORS INDIA is 117.38.

Share Price ₹452.6Jul 20,2026
Market Cap ₹1,425.5 Cr
Earnings-TTM₹12.1 CrTTM-Standalone Results
Price/Earnings117.38xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of IGARASHI MOTORS INDIA

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 IGARASHI MOTORS INDIA is calculated as :

Current Market Cap [ ₹1,425.5 Cr] as on Jul 20,2026

(/) Earnings [ ₹12.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 117.38x ]

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

Thus, for IGARASHI MOTORS INDIA , the investors are currently willing to pay 117.38 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 IGARASHI MOTORS INDIA !

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 IGARASHI MOTORS INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of IGARASHI MOTORS INDIA


PE Ratio Performance Analysis for IGARASHI MOTORS INDIA

- IGARASHI MOTORS INDIA 's latest p/e ratio is 117.38x.

- IGARASHI MOTORS INDIA 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 285.81x.

- IGARASHI MOTORS INDIA 's operated at median p/e ratio of 134.97x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IGARASHI MOTORS INDIA 's p/e ratio peaked in Mar2022 at 949.88x.

- IGARASHI MOTORS INDIA 's p/e ratio hit its five-year low in Mar2025 of 64.35x.


How does IGARASHI MOTORS INDIA 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
IGARASHI MOTORS INDIA 12.15117.381,425.5
HITACHI ENERGY INDIA LTD987.84146.64144,855.0
ABB INDIA LTD1,642.4296.95159,231.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,196.73120.08143,704.0
SIEMENS LTD1,284.80101.90130,915.0
GE VERNOVA T&D INDIA LTD1,233.2592.26113,785.0
WAAREE ENERGIES LTD3,884.1520.9481,316.2
HAVELLS INDIA LTD1,601.6547.0475,338.8
SUZLON ENERGY LTD3,163.3923.0672,952.2
APAR INDUSTRIES LTD976.8957.1955,870.9
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD212.56150.8932,073.4

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs IGARASHI MOTORS INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 20.94x
Max industry PE 150.89x
Median industry PE 96.95x
Average industry PE 88.58x



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