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HIND RECTIFIERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of HIND RECTIFIERS is 99.24.

Share Price ₹1,370.2Dec 03,2024
Market Cap ₹2,356.7 Cr
Earnings-TTM₹23.7 CrTTM-Standalone Results
Price/Earnings99.24xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HIND RECTIFIERS

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 HIND RECTIFIERS is calculated as :

Current Market Cap [ ₹2,356.7 Cr] as on Dec 03,2024

(/) Earnings [ ₹23.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 99.24x ]

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

Thus, for HIND RECTIFIERS , the investors are currently willing to pay 99.24 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 HIND RECTIFIERS !

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 HIND RECTIFIERS over the last five years.

Historical PE (Price/Earnings) ratio chart of HIND RECTIFIERS


PE Ratio Performance Analysis for HIND RECTIFIERS

- HIND RECTIFIERS 's latest p/e ratio is 99.24x.

- HIND RECTIFIERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 33.89x.

- HIND RECTIFIERS 's operated at median p/e ratio of 36.99x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HIND RECTIFIERS 's p/e ratio peaked in Mar2024 at 82.49x.

- HIND RECTIFIERS 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does HIND RECTIFIERS 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HIND RECTIFIERS 23.7599.242,356.7
SIEMENS LTD2,717.80101.30275,309.0
ABB INDIA LTD1,687.9094.64159,751.0
HAVELLS INDIA LTD1,409.8978.13110,160.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD891.28130.52116,329.0
SUZLON ENERGY LTD960.0592.9889,267.2
HITACHI ENERGY INDIA LTD199.34259.9151,811.4
APAR INDUSTRIES LTD850.2548.2040,983.9
GE T&D INDIA LTD394.80119.6247,225.2
INOX WIND LTD178.98150.6126,955.9
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD197.00100.3119,760.8

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

Top 10 Industry PeersPE Ratio
Min industry PE 48.20x
Max industry PE 259.91x
Median industry PE 100.31x
Average industry PE 115.95x



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