RISHABH INSTRUMENTS
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The Current P/E Ratio of RISHABH INSTRUMENTS is 30.63.
| Share Price | ₹647.3 | Oct 27,2026 |
| Market Cap | ₹2,511.3 Cr | |
| Earnings-TTM | ₹82.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 30.63x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of RISHABH INSTRUMENTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,511.3 Cr] as on Oct 27,2026
(/) Earnings [ ₹82.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 30.63x ]
Thus, for RISHABH INSTRUMENTS , the investors are currently willing to pay 30.63 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 RISHABH INSTRUMENTS !
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 RISHABH INSTRUMENTS over the last five years.
Historical PE (Price/Earnings) ratio chart of RISHABH INSTRUMENTS
PE Ratio Performance Analysis for RISHABH INSTRUMENTS
- RISHABH INSTRUMENTS 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 19.17x.
- RISHABH INSTRUMENTS 's operated at median p/e ratio of 16.53x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RISHABH INSTRUMENTS 's p/e ratio peaked in Mar2024 at 42.63x.
- RISHABH INSTRUMENTS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does RISHABH INSTRUMENTS '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 |
|---|---|---|---|
| RISHABH INSTRUMENTS | 81.98 | 30.63 | 2,511.3 |
| HITACHI ENERGY INDIA LTD | 1,150.39 | 110.00 | 126,541.0 |
| ABB INDIA LTD | 1,555.18 | 89.14 | 138,630.0 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,362.79 | 96.53 | 131,552.0 |
| SIEMENS LTD | 1,238.20 | 96.04 | 118,914.0 |
| GE VERNOVA T&D INDIA LTD | 1,305.04 | 78.28 | 102,163.0 |
| WAAREE ENERGIES LTD | 4,003.13 | 16.33 | 65,354.4 |
| HAVELLS INDIA LTD | 1,637.41 | 38.52 | 63,079.4 |
| SUZLON ENERGY LTD | 3,144.29 | 16.15 | 50,793.8 |
| APAR INDUSTRIES LTD | 1,181.18 | 53.79 | 63,530.0 |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 183.76 | 148.50 | 27,288.9 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs RISHABH INSTRUMENTS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 16.15x |
| Max industry PE | 148.50x |
| Median industry PE | 78.28x |
| Average industry PE | 70.36x |
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