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Hirect PE ratio, market cap and valuation

NSE: HIRECTBSE: 504036Industrial ManufacturingSmall Cap

Formerly Hind Rectifiers
Last close ₹985.60down ₹36.70 (3.59%)BSE ₹985.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,022.30.

52-week range of traded prices to 23 Oct 2026
₹565.20Low, 27 Jan 2026₹1,399.00High, 16 Jul 2026
Market cap
₹3,495 Cr997th largest listed
P/E
83.9
P/B
16.8
Dividend yield
0.14%
ROE
22.6%
ROCE
12.9%
Debt to equity
1.15
Volume, NSE
52,42136.6% delivered

Hirect PE ratio and valuation against its own history

Each ratio on 23 Oct 2026 beside its median over each window. The ratios are on standalone accounts to Mar 2025 and consolidated from Mar 2026. The PE ratio is the market cap over the profit of the last twelve months.

  • Price to earnings83.88today

    1 year

    Median 63.65

    Today is at or above 64% of the 247 days

    3 years

    Median 60.89

    Today is at or above 87% of the 726 days

    5 years

    Median 58.35

    Today is at or above 86% of the 995 days

    10 years

    Median 49.11

    Today is at or above 83% of the 1,978 days

  • Price to book16.76today

    1 year

    Median 16.51

    Today is at or above 52% of the 247 days

    3 years

    Median 13.15

    Today is at or above 73% of the 744 days

    5 years

    Median 9.75

    Today is at or above 84% of the 1,240 days

    10 years, since Nov 2018

    Median 3.69

    Today is at or above 90% of the 1,975 days

  • Price to sales3.35today

    1 year

    Median 3.49

    Today is at or above 43% of the 247 days

    3 years

    Median 3.05

    Today is at or above 61% of the 744 days

    5 years

    Median 2.40

    Today is at or above 77% of the 1,240 days

    10 years

    Median 1.19

    Today is at or above 88% of the 2,419 days

  • EV to EBITDA51.00today

    1 year

    Median 35.71

    Today is at or above 72% of the 247 days

    3 years

    Median 33.26

    Today is at or above 89% of the 744 days

    5 years

    Median 32.11

    Today is at or above 87% of the 1,240 days

    10 years, since Nov 2018

    Median 25.70

    Today is at or above 92% of the 1,975 days

  • Dividend yield0.14%today

    1 year

    Median 0.12%

    Today is at or above 84% of the 238 days

    3 years

    Median 0.11%

    Today is at or above 91% of the 735 days

    5 years

    Median 0.13%

    Today is at or above 63% of the 1,231 days

    10 years

    Median 0.12%

    Today is at or above 59% of the 2,382 days

  • Earnings yield1.19%today

    1 year

    Median 1.57%

    Today is at or above 37% of the 247 days

    3 years

    Median 1.17%

    Today is at or above 52% of the 744 days

    5 years

    Median 1.15%

    Today is at or above 53% of the 1,240 days

    10 years

    Median 1.63%

    Today is at or above 44% of the 2,419 days

Each track ranks every trading day in the window from the day the ratio was lowest to the day it was highest; the dot is today. The share under it is how many of those days the ratio was at or below today's level, so a high share means today is higher than on most days in the window. A window is shown only when the ratio is held on most of its trading days; a day after a loss-making year has no P/E. Dividend yield is in per cent. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.

How each ratio is worked out, with today's figures

The twelve months: Filed 11 AugThe balance sheet: Filed 16 May

  • Price to earnings =Market cap÷Net profit, last twelve months₹42 Cr
  • Price to book =Market cap÷Net worth₹209 Cr
  • Price to sales =Market cap÷Revenue, last twelve months₹1,043 Cr
  • Enterprise value =Market cap+Borrowings₹237 Cr−Cash₹4.98 Cr
  • EV to EBITDA =Enterprise value÷Operating profit, last twelve months₹73 Cr
  • Market cap =Close×Shares in issue3,54,58,605at 30 Sep 2026

Consolidated accounts, the twelve months to Jun 2026, balance sheet at Mar 2026, ₹ crore.Hirect financials ›

Hirect valuation at each year end

On the last trading day of each March, the month the company's year ends.Hirect dividend history

RatioMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Market cap (₹ crore)1172171891911973063211,0341,6282,269
Price to earnings152.4Loss18.89.030.143.2Loss209.450.544.9
Price to bookNo balance sheetNo balance sheet2.72.12.02.93.28.811.711.9
Price to sales1.02.10.80.60.60.90.92.22.62.5
EV to EBITDAOperating profit not statedNo balance sheet10.46.412.817.147.027.227.425.6
Dividend yield0.00%0.00%0.00%0.35%0.67%0.22%0.21%0.00%0.13%0.15%
Earnings yield0.7%−2.7%5.3%11.2%3.3%2.3%−0.7%0.5%2.0%2.2%
A ratio that does not exist on the day says why in its cell. The ratios are on standalone accounts to Mar 2025 and consolidated from Mar 2026.

Hirect market cap, ten years

The last trading day of each month.

Market cap, ₹ crore

  • Market cap

Earnings per share, book value and enterprise value

From the close on 23 Oct 2026, with the last twelve months' results.

Enterprise value
₹3,727 Cr
Earnings per share
₹11.75
Book value per share
₹58.82
Dividends, last 12 months
₹1.40
Public's market cap
₹2,006 Cr

Against Industrial Products

191 listed companies in Industrial Products, each priced on its last trading day; Hirect is 28th among them by market cap. Each median leaves out Hirect itself and takes the other companies that have the figure.

Industry median P/E
27.7Across 129 other companies
Industry median P/B
2.8Across 143 other companies
Industry median EV/EBITDA
18.0Across 96 other companies
Industry median dividend yield
0.44%Across 61 other companies