Hind Rectifiers Limited

BSE:504036 Stock Report

Market Cap: ₹20.1b

Hind Rectifiers Valuation

Is 504036 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 504036 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 504036 (₹1172.8) is trading above our estimate of fair value (₹22.84)

Significantly Below Fair Value: 504036 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 504036?

Key metric: As 504036 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 504036. This is calculated by dividing 504036's market cap by their current earnings.
What is 504036's PE Ratio?
PE Ratio84.6x
Earnings₹237.50m
Market Cap₹20.10b

Price to Earnings Ratio vs Peers

How does 504036's PE Ratio compare to its peers?

The above table shows the PE ratio for 504036 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.2x
517059 Salzer Electronics
27.6xn/a₹18.6b
540795 Dynamic Cables
49.8xn/a₹23.3b
530555 Paramount Communications
21.6xn/a₹21.0b
UNIVCABLES Universal Cables
22xn/a₹21.2b
504036 Hind Rectifiers
84.6xn/a₹20.1b

Price-To-Earnings vs Peers: 504036 is expensive based on its Price-To-Earnings Ratio (84.6x) compared to the peer average (30.2x).


Price to Earnings Ratio vs Industry

How does 504036's PE Ratio compare vs other companies in the IN Electrical Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
504058 Indo National
2.7xn/aUS$45.52m
533203 Tarapur Transformers
4.2xn/aUS$6.67m
No more companies available in this PE range
504036 84.6xIndustry Avg. 47.4xNo. of Companies13PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 504036 is expensive based on its Price-To-Earnings Ratio (84.6x) compared to the Indian Electrical industry average (47.2x).


Price to Earnings Ratio vs Fair Ratio

What is 504036's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

504036 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio84.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 504036's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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