TRANSFORMERS & RECTIFIERS (INDIA)
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The Current P/E Ratio of TRANSFORMERS & RECTIFIERS (INDIA) is 35.41.
| Share Price | ₹321.1 | May 26,2026 |
| Market Cap | ₹9,637.9 Cr | |
| Earnings-TTM | ₹272.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 35.41x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TRANSFORMERS & RECTIFIERS (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹9,637.9 Cr] as on May 26,2026
(/) Earnings [ ₹272.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 35.41x ]
Thus, for TRANSFORMERS & RECTIFIERS (INDIA) , the investors are currently willing to pay 35.41 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 p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 41.95x.
- TRANSFORMERS & RECTIFIERS (INDIA) 's operated at median p/e ratio of 31.23x 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 75.08x.
- 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 Ratio | Market Cap |
|---|---|---|---|
| TRANSFORMERS & RECTIFIERS (INDIA) | 272.17 | 35.41 | 9,637.9 |
| HITACHI ENERGY INDIA LTD | 987.84 | 162.35 | 160,371.0 |
| ABB INDIA LTD | 1,642.42 | 87.82 | 144,230.0 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,196.73 | 115.71 | 138,470.0 |
| SIEMENS LTD | 1,487.20 | 87.99 | 130,864.0 |
| GE VERNOVA T&D INDIA LTD | 1,233.25 | 100.62 | 124,094.0 |
| WAAREE ENERGIES LTD | 3,884.15 | 22.87 | 88,833.9 |
| HAVELLS INDIA LTD | 1,659.47 | 45.40 | 75,333.5 |
| SUZLON ENERGY LTD | 3,163.39 | 23.67 | 74,873.1 |
| APAR INDUSTRIES LTD | 973.60 | 51.76 | 50,391.6 |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 245.20 | 134.38 | 32,949.7 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs TRANSFORMERS & RECTIFIERS (INDIA) 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 22.87x |
| Max industry PE | 162.35x |
| Median industry PE | 87.82x |
| Average industry PE | 78.91x |
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