RISHABH INSTRUMENTS
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The Current P/E Ratio of RISHABH INSTRUMENTS is 29.51.
| Share Price | ₹623.5 | Oct 30,2026 |
| Market Cap | ₹2,419.2 Cr | |
| Earnings-TTM | ₹82.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 29.51x | 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 [ ₹2,419.2 Cr] as on Oct 30,2026
(/) Earnings [ ₹82.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 29.51x ]
Thus, for RISHABH INSTRUMENTS , the investors are currently willing to pay 29.51 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 | 29.51 | 2,419.2 |
| HITACHI ENERGY INDIA LTD | 1,150.39 | 106.78 | 122,841.0 |
| ABB INDIA LTD | 1,555.18 | 87.25 | 135,685.0 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,362.79 | 92.94 | 126,660.0 |
| SIEMENS LTD | 1,238.20 | 94.48 | 116,986.0 |
| GE VERNOVA T&D INDIA LTD | 1,436.95 | 71.66 | 102,969.0 |
| WAAREE ENERGIES LTD | 3,878.56 | 17.06 | 66,159.8 |
| HAVELLS INDIA LTD | 1,637.41 | 38.82 | 63,556.3 |
| SUZLON ENERGY LTD | 2,259.00 | 20.60 | 46,532.3 |
| APAR INDUSTRIES LTD | 1,376.66 | 47.76 | 65,745.3 |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 183.76 | 142.26 | 26,142.4 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs RISHABH INSTRUMENTS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 17.06x |
| Max industry PE | 142.26x |
| Median industry PE | 71.66x |
| Average industry PE | 68.10x |
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