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TRANSFORMERS & RECTIFIERS (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of TRANSFORMERS & RECTIFIERS (INDIA) is 31.85.

Share Price ₹285.4Oct 05,2026
Market Cap ₹8,567.7 Cr
Earnings-TTM₹269.0 CrTTM-Consolidated Results
Price/Earnings31.85xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TRANSFORMERS & RECTIFIERS (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 TRANSFORMERS & RECTIFIERS (INDIA) is calculated as :

Current Market Cap [ ₹8,567.7 Cr] as on Oct 05,2026

(/) Earnings [ ₹269.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 31.85x ]

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

Thus, for TRANSFORMERS & RECTIFIERS (INDIA) , the investors are currently willing to pay 31.85 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 TRANSFORMERS & RECTIFIERS (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 TRANSFORMERS & RECTIFIERS (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of TRANSFORMERS & RECTIFIERS (INDIA)


PE Ratio Performance Analysis for TRANSFORMERS & RECTIFIERS (INDIA)

- TRANSFORMERS & RECTIFIERS (INDIA) 's latest p/e ratio is 31.85x.

- TRANSFORMERS & RECTIFIERS (INDIA) 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 38.47x.

- TRANSFORMERS & RECTIFIERS (INDIA) 's operated at median p/e ratio of 28.9x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TRANSFORMERS & RECTIFIERS (INDIA) 's p/e ratio peaked in Mar2025 at 75.09x.

- TRANSFORMERS & RECTIFIERS (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 9.34x.


How does TRANSFORMERS & RECTIFIERS (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
TRANSFORMERS & RECTIFIERS (INDIA) 269.0031.858,567.7
HITACHI ENERGY INDIA LTD1,150.39122.01140,358.0
ABB INDIA LTD1,555.1893.77145,825.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,238.14112.12138,815.0
SIEMENS LTD1,238.20106.63132,028.0
GE VERNOVA T&D INDIA LTD1,305.0483.06108,396.0
WAAREE ENERGIES LTD4,003.1316.8367,367.9
HAVELLS INDIA LTD1,601.6541.2266,019.5
SUZLON ENERGY LTD3,144.2917.0253,528.0
APAR INDUSTRIES LTD1,181.1864.1875,813.4
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD183.76164.8730,296.9

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs TRANSFORMERS & RECTIFIERS (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 16.83x
Max industry PE 164.87x
Median industry PE 83.06x
Average industry PE 77.60x



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