Hind Rectifiers Limited (NSE:HIRECT) — Market Cap & Net Worth
Market Cap & Net Worth: Hind Rectifiers Limited (HIRECT)
Hind Rectifiers Limited (NSE:HIRECT) has a market capitalization of $461.98 Million (Rs42.72 Billion) as of September 19, 2026. Listed on the NSE stock exchange, this India-based company holds position #12773 globally and #638 in its home market, demonstrating a -2.42% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Hind Rectifiers Limited's stock price Rs1242.80 by its total outstanding shares 34372239 (34.37 Million). Also see Hind Rectifiers Limited asset portfolio for a full breakdown of the balance sheet.
Hind Rectifiers Limited Market Cap History: 2015 to 2026
Hind Rectifiers Limited's market capitalization history from 2015 to 2026. Data shows growth from $31.18 Million to $461.98 Million (28.41% CAGR). Also see cash efficiency ratio of Hind Rectifiers Limited for how efficiently the company converts equity into cash flow.
Hind Rectifiers Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Hind Rectifiers Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check HIRECT stock price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.09x
Hind Rectifiers Limited's market cap is 0.09 times its annual revenue
Latest Price to Earnings (P/E) Ratio
1.51x
Hind Rectifiers Limited's market cap is 1.51 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $30.36 Million | $939.36 Million | -$15.10 Million | 0.03x | N/A |
| 2017 | $49.09 Million | $1.11 Billion | -$68.18 Million | 0.04x | N/A |
| 2018 | $42.42 Million | $1.25 Billion | $13.14 Million | 0.03x | 3.23x |
| 2019 | $76.98 Million | $2.55 Billion | $117.91 Million | 0.03x | 0.65x |
| 2020 | $55.96 Million | $2.99 Billion | $184.79 Million | 0.02x | 0.30x |
| 2021 | $87.48 Million | $3.05 Billion | $53.31 Million | 0.03x | 1.64x |
| 2022 | $82.90 Million | $3.72 Billion | $77.98 Million | 0.02x | 1.06x |
| 2023 | $200.40 Million | $3.59 Billion | -$63.63 Million | 0.06x | N/A |
| 2024 | $514.13 Million | $5.17 Billion | $125.10 Million | 0.10x | 4.11x |
| 2025 | $561.60 Million | $6.55 Billion | $371.12 Million | 0.09x | 1.51x |
Competitor Companies of HIRECT by Market Capitalization
Companies near Hind Rectifiers Limited in the global market cap rankings as of September 19, 2026. Review HIRECT tangible net assets ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Hind Rectifiers Limited by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #110 globally with a market cap of $194.78 Billion USD ( CN¥1.33 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #193 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Vertiv Holdings Co (NYSE:VRT): Ranked #266 globally with a market cap of $96.01 Billion USD.
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #282 globally with a market cap of $93.70 Billion USD ( ฿3.01 Trillion THB).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #110 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $194.78 Billion | CN¥301.95 |
| #193 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF80.02 |
| #266 | Vertiv Holdings Co | NYSE:VRT | $96.01 Billion | $249.39 |
| #282 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $93.70 Billion | ฿241.00 |
Hind Rectifiers Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, Hind Rectifiers Limited's market cap moved from $31.18 Million to $ 461.98 Million, with a yearly change of 28.41%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs461.98 Million | -17.74% |
| 2025 | Rs561.60 Million | +9.23% |
| 2024 | Rs514.13 Million | +156.56% |
| 2023 | Rs200.40 Million | +141.72% |
| 2022 | Rs82.90 Million | -5.23% |
| 2021 | Rs87.48 Million | +56.33% |
| 2020 | Rs55.96 Million | -27.31% |
| 2019 | Rs76.98 Million | +81.47% |
| 2018 | Rs42.42 Million | -13.60% |
| 2017 | Rs49.09 Million | +61.71% |
| 2016 | Rs30.36 Million | -2.62% |
| 2015 | Rs31.18 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 19th, 2026 the market cap of Hind Rectifiers Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $461.98 Million USD |
| MoneyControl | $461.98 Million USD |
| MarketWatch | $461.98 Million USD |
| marketcap.company | $461.98 Million USD |
| Reuters | $461.98 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Hind Rectifiers Limited
Hind Rectifiers Limited designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally. The company provides traction and aux transformers, IGBT propulsion systems, auxiliary converters and battery chargers, on-board DC rectifiers, traction motors, and electrical switch boards and railway equipment, … Read more