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Hind Rectifiers Ltd P/E Ratio

Hind Rectifiers Ltd P/E Ratio

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Hind Rectifiers Ltd

NSE: HIRECT

PE

53

Last updated : 21 May 05:57 AM

Key Highlights

    The P/E Ratio of Hind Rectifiers Ltd is 53 as of 21 May 05:57 AM .a1#The P/E Ratio of Hind Rectifiers Ltd changed from 16 on March 2019 to 0 on March 2023 . This represents a CAGR of -100.00% over 5 years. a1#The Latest Trading Price of Hind Rectifiers Ltd is ₹ 709.4 as of 21 May 11:16 .a1#The PE Ratio of Consumer Durables Industry has changed from -50.7 to 60.6 in 5 years. This represents a CAGR of NaN%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Consumer Durables industry is 60.6. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Retail industry is 94.8. The PE Ratio of Textiles industry is 21.1. In 2023a1#The Market Cap of Hind Rectifiers Ltd changed from ₹ 188.58 crore on March 2019 to ₹ 322.2 crore on March 2023 . This represents a CAGR of 11.31% over 5 years. a1#The Revenue of Hind Rectifiers Ltd changed from ₹ 72.66 crore to ₹ 136.71 crore over 7 quarters. This represents a CAGR of 43.50% a1#The EBITDA of Hind Rectifiers Ltd changed from ₹ -0.25 crore to ₹ 6.58 crore over 7 quarters. This represents a CAGR of NaN% a1#The Net Profit of Hind Rectifiers Ltd changed from ₹ -2.27 crore to ₹ 1.52 crore over 7 quarters. This represents a CAGR of NaN% a1#The Dividend Payout of Hind Rectifiers Ltd changed from 5.61 % on March 2019 to 0 % on March 2023 . This represents a CAGR of -100.00% over 5 years. a1#

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P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '1916
Mar '2010.6
Mar '2137
Mar '2239.4
Mar '230

Fundamental Metrics

Market Cap

1,247 Cr

EPS

13.0

P/E Ratio (TTM) *

53.0

P/B Ratio (TTM) *

10.1

Day’s High

743.95

Day’s Low

705.1

DTE *

0.9

ROE *

14.1

52 Week High

815.35

52 Week Low

212.05

ROCE *

12.7

* All values are consolidated

* All values are consolidated

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Hind Rectifiers Ltd

NSE: HIRECT

PRICE

709.4

-18.40(-2.53%)

stock direction

Last updated : 21 May 11:16

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Hind Rectifiers Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

Asset Value vs Market Value

Market Value

1,183

Asset Value

195

5.1 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

4 Cr

53.0 X

PE Ratio

Market Cap

₹1183Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

4 Cr

53.0 X

PE Ratio

Market Cap

₹1183Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Consumer Durables Industry over time

PE Ratio of Top Sectors

Hind Rectifiers Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Hind Rectifiers Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Hind Rectifiers Ltd's Share Price stands at 709.4. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-21T11:16:00 is 13.02. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 709.4/ 13.02= 53.04.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Hind Rectifiers Ltd's stock is trading at approximately 53.04 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Hind Rectifiers Ltd’s PE Ratio (BSE: HIRECT)

    The Price-to-Earnings (PE) ratio, used to assess Hind Rectifiers Ltd's stock (BSE: HIRECT), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

×

Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '19189
Mar '20195
Mar '21197
Mar '22307
Mar '23322

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '2273
Sep '2278
Dec '2297
Mar '22112
Jun '2398
Sep '23132
Dec '23137

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '220
Sep '22-2
Dec '227
Mar '220
Jun '237
Sep '2311
Dec '237

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '22-2
Sep '22-4
Dec '222
Mar '22-2
Jun '232
Sep '234
Dec '232

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '196
Mar '207
Mar '2112
Mar '228
Mar '230

* All values are a in %

About Hind Rectifiers Ltd

About Hind Rectifiers Ltd

    Hind Rectifiers, known as Hirect, is a leading manufacturer of rectifier equipment and semi-conductor devices. It has a technical collaboration agreement with Electric Research & Development Centre, Kerala, to manufacture transistorised PWM AC drives and with Powersem, Germany, for isopack bridges.

Hind Rectifiers Ltd News Hub

News

Hind Rectifiers to discuss results

Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 8 February...

Read more

01 Feb 2024 13:48

News

Hind Rectifiers announces cessation of director

Hind Rectifiers announced the cessation of Pawan Golyan (DIN: 00356807) as a Non-Executive...

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30 Nov 2023 18:37

News

Hind Rectifiers to conduct board meeting

Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 4 November...

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30 Oct 2023 15:32

News

Hind Rectifiers announces board meeting date

Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 8 August 2...

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01 Aug 2023 09:54

News

Hind Rectifiers to conduct AGM

Hind Rectifiers announced that the 65th Annual General Meeting (AGM) of the company will b...

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28 Jul 2023 17:24

News

Hind Rectifiers to table results

Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 26 May 202...

Read more

24 May 2023 14:12

Product Composition by Percentage (Revenue)

FAQs for PE of Hind Rectifiers Ltd

What is Hind Rectifiers Ltd current share price?

The current market price of Hind Rectifiers Ltd as of May 21, 2024 is ₹709.40.

What is Hind Rectifiers Ltd's market cap?

Hind Rectifiers Ltd's market capitalisation stood at ₹1,183 Cr as of May 21, 2024

What are Hind Rectifiers Ltd's total net assets?

According to Hind Rectifiers Ltd's most recent financial filings, the company's net assets total ₹194.9 Cr.

Is Hind Rectifiers Ltd making a profit or loss?

Hind Rectifiers Ltd's net Profit as of May 21, 2024 is close to ₹4 Cr.
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