Transformers and Rectifiers (India) logo

Transformers and Rectifiers (India) PE ratio, market cap and valuation

NSE: TARILBSE: 532928Electrical EquipmentSmall Cap

Last close ₹303.90down ₹10.60 (3.37%)BSE ₹303.90

Share price at the NSE close on 23 Oct 2026. Previous close ₹314.50.

52-week range of traded prices to 23 Oct 2026
₹224.05Low, 2 Feb 2026₹488.00High, 23 Oct 2025
Market cap
₹9,122 Cr586th largest listed
P/E
29.1
P/B
5.5
Dividend yield
0.08%
ROE
20.9%
ROCE
19.3%
Debt to equity
0.34
Volume, NSE
33,74,51732.2% delivered

Transformers and Rectifiers (India) 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 2020 and consolidated from Mar 2021. The PE ratio is the market cap over the profit of the last twelve months.

  • Price to earnings29.14today

    1 year

    Median 33.27

    Today is at or above 11% of the 247 days

    3 years

    Median 68.49

    Today is at or above 4% of the 648 days

    5 years

    Median 35.67

    Today is at or above 25% of the 1,144 days

    10 years

    Median 30.72

    Today is at or above 44% of the 2,080 days

  • Price to book5.52today

    1 year

    Median 6.19

    Today is at or above 11% of the 247 days

    3 years

    Median 11.32

    Today is at or above 5% of the 559 days

    5 years

    Median 5.68

    Today is at or above 48% of the 1,055 days

    10 years, since Nov 2018

    Median 1.34

    Today is at or above 69% of the 1,778 days

  • Price to sales3.22today

    1 year

    Median 3.62

    Today is at or above 9% of the 247 days

    3 years

    Median 6.31

    Today is at or above 10% of the 744 days

    5 years

    Median 3.43

    Today is at or above 46% of the 1,240 days

    10 years

    Median 0.59

    Today is at or above 73% of the 2,480 days

  • EV to EBITDA20.65today

    1 year

    Median 23.98

    Today is at or above 9% of the 247 days

    3 years

    Median 40.55

    Today is at or above 4% of the 559 days

    5 years

    Median 22.11

    Today is at or above 46% of the 1,055 days

    10 years, since Nov 2018

    Median 9.60

    Today is at or above 68% of the 1,778 days

  • Dividend yield0.08%today

    1 year

    Median 0.06%

    Today is at or above 88% of the 247 days

    3 years

    Median 0.04%

    Today is at or above 94% of the 744 days

    5 years

    Median 0.07%

    Today is at or above 57% of the 1,240 days

    10 years

    Median 0.00%

    Today is at or above 77% of the 2,480 days

  • Earnings yield3.43%today

    1 year

    Median 3.01%

    Today is at or above 90% of the 247 days

    3 years

    Median 1.46%

    Today is at or above 96% of the 648 days

    5 years

    Median 2.80%

    Today is at or above 75% of the 1,144 days

    10 years

    Median 3.00%

    Today is at or above 66% of the 2,228 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 13 Oct

  • Price to earnings =Market cap÷Net profit, last twelve months₹313 Cr
  • Price to book =Market cap÷Net worth₹1,653 Cr
  • Price to sales =Market cap÷Revenue, last twelve months₹2,831 Cr
  • Enterprise value =Market cap+Borrowings₹574 Cr−Cash₹81 Cr
  • EV to EBITDA =Enterprise value÷Operating profit, last twelve months₹466 Cr
  • Market cap =Close×Shares in issue30,01,65,834at 30 Sep 2026

Consolidated accounts, the twelve months to Sep 2026, ₹ crore.Transformers and Rectifiers (India) financials ›

Transformers and Rectifiers (India) valuation at each year end

On the last trading day of each March, the month the company's year ends.Transformers and Rectifiers (India) dividend history

RatioMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Market cap (₹ crore)539356176722174377545,64116,0957,635
Price to earnings23.0Loss24.39.6Loss22.722.9Earlier quarters restated in the year99.727.8
Price to bookNo balance sheetNo balance sheet0.50.20.61.22.0Shares changed14.65.7
Price to sales0.60.60.20.10.30.40.64.68.73.2
EV to EBITDANo balance sheetNo balance sheet8.34.87.48.79.3Shares changed60.719.7
Dividend yield0.00%0.00%0.00%0.00%0.00%0.30%0.26%0.04%0.02%0.08%
Earnings yield4.4%−0.8%4.1%10.4%−0.7%4.4%4.4%Earlier quarters restated in the year1.0%3.6%
A ratio that does not exist on the day says why in its cell. The ratios are on standalone accounts to Mar 2020 and consolidated from Mar 2021.

Transformers and Rectifiers (India) 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
₹9,615 Cr
P/E to growth
1.27
Earnings per share
₹10.43
Book value per share
₹55.06
Dividends, last 12 months
₹0.25
Public's market cap
₹3,251 Cr

Against Heavy Electrical Equipment

48 listed companies in Heavy Electrical Equipment, each priced on its last trading day; Transformers and Rectifiers (India) is 20th among them by market cap. Each median leaves out Transformers and Rectifiers (India) itself and takes the other companies that have the figure.

Industry median P/E
35.3Across 37 other companies
Industry median P/B
5.4Across 39 other companies
Industry median EV/EBITDA
25.8Across 34 other companies
Industry median dividend yield
0.38%Across 25 other companies