Hind Rectifiers P/B Ratio
Hind Rectifiers (HIRECT) P/B ratio is 16.46 (High), book value per share ₹298.57 vs Capital Goods average P/B of -0.04 — Very High - Significant premium, high growth expectations or speculative. Compare with HIRECT stock valuation models to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
HIRECT P/B Ratio — Valuation Insights & Book Value Analysis
Hind Rectifiers price-to-book ratio interpretation, valuation status and historical context — current P/B 16.46 (High). For live price, earnings yield and the full fundamental profile, see Hind Rectifiers share price screener.
- Stock appears overvalued with PB of 16.46, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 393.3% above historical average
- Trading at premium to sector average PB of -0.04
Hind Rectifiers P/B Ratio Historical Trend
HIRECT annual price-to-book ratio — 3 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. View HIRECT 52-week high low for the annual high/low range and current price position.
HIRECT Historical P/B Ratio — Book Value Per Share & Year-End Price
Hind Rectifiers annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 3.86 | ₹298.57 | ₹1152.35 | ₹209 | High |
| 2025 | 2.83 | ₹533.33 | ₹1510.80 | ₹160 | Moderate |
| 2024 | 3.32 | ₹416.67 | ₹1383.10 | ₹125 | High |
HIRECT vs Capital Goods Peers — P/B Ratio Comparison
Hind Rectifiers P/B 16.46 vs Capital Goods average -0.04, median 0.64 — range -5.17–1.18.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Lexoraa Industries | LEXORAA | -5.17 | ₹6 | Low |
| Jyoti | JYOTI | -5.14 | ₹153 | Low |
| Miven Machine Tools | MIVENMACH | -4.72 | ₹29 | Low |
| Incon Engineers | INCON | -3.44 | ₹7 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.96 | ₹19 | Low |
| Benara Bearings | BENARA | -1.91 | ₹19 | Low |
| Switching Technologies G… | SWITCHTE | -1.18 | ₹21 | Low |
| HMT | HMT | -1.04 | ₹2,684 | Low |
| TMT India | TMTIND-B1 | -0.51 | ₹3 | Low |