Rishabh Instruments (NSE:RISHABH) EV-to-EBIT: 23.07 (As of Aug. 20, 2026) — 12% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:RISHABH Rishabh Instruments Ltd NSE:RISHABH
50 GF Score
Price ₹695.00
GF Value ₹431.18
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Rishabh Instruments EV-to-EBIT?

Rishabh Instruments NSE:RISHABH +4.39% 50 EV-to-EBIT is 23.07 as of Aug. 20, 2026, which is 12% below its 10-year median of 26.13. GuruFocus rates NSE:RISHABH with a GF Score™ of 50/100 and a GF Value™ of ₹431.18 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,783 Hardware companies, Rishabh Instruments ranks worse than 54.46% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Rishabh Instruments's Enterprise Value is ₹25,714 Mil. Rishabh Instruments's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,115 Mil. Therefore, Rishabh Instruments's EV-to-EBIT for today is 23.07.

The historical rank and industry rank for Rishabh Instruments's EV-to-EBIT or its related term are showing as below:

NSE:RISHABH' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.35   Med: 26.13   Max: 49.69
Current: 23.06

During the past 6 years, the highest EV-to-EBIT of Rishabh Instruments was 49.69. The lowest was 12.35. And the median was 26.13.

NSE:RISHABH's EV-to-EBIT is ranked worse than
54.46% of 1783 companies
in the Hardware industry
Industry Median: 19.84 vs NSE:RISHABH: 23.06

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Rishabh Instruments's Enterprise Value for the quarter that ended in Mar. 2026 was ₹12,270 Mil. Rishabh Instruments's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,115 Mil. Rishabh Instruments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.09%.


Rishabh Instruments  (NSE:RISHABH) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Rishabh Instruments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=1114.82/12269.8386
=9.09 %

Rishabh Instruments's Enterprise Value for the quarter that ended in Mar. 2026 was ₹12,270 Mil.
Rishabh Instruments's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,115 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rishabh Instruments EV-to-EBIT Related Terms


Rishabh Instruments EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Rishabh Instruments's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rishabh Instruments EV-to-EBIT Chart

Rishabh Instruments Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial 0.00 0.00 28.97 20.65 11.03

Rishabh Instruments Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.65 20.58 18.30 16.58 11.03

NSE:RISHABH vs COHR, KEYS, GRMN: EV-to-EBIT Comparison

For the Scientific & Technical Instruments subindustry, Rishabh Instruments's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rishabh Instruments EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Rishabh Instruments's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rishabh Instruments's EV-to-EBIT falls into.


NSE:RISHABH
50GF Score
Rishabh Instruments Ltd NSE:RISHABH
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rishabh Instruments EV-to-EBIT Calculation

Rishabh Instruments's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=25714.441/1114.82
=23.07

Rishabh Instruments's current Enterprise Value is ₹25,714 Mil.
Rishabh Instruments's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,115 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 23.07 mean?
Rishabh Instruments (NSE:RISHABH) has a EV-to-EBIT of 23.07 as of Aug. 20, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Rishabh Instruments and its competitors. This is 12% below median its historical median of 26.13. Over the past decade, Rishabh Instruments' EV-to-EBIT has ranged from 12.35 to 49.69. According to the industry distribution chart, Rishabh Instruments ranks #971 out of 1783 companies in the Hardware industry, placing it in the top 54.5%.
Is Rishabh Instruments' EV-to-EBIT too high?
Rishabh Instruments' current EV-to-EBIT of 23.07 is 12% below median its 10-year median of 26.13. Over the past 10 years, this metric has ranged from a low of 12.35 to a high of 49.69. The Hardware industry median EV-to-EBIT is 19.84. Rishabh Instruments' value of 23.07 is 16.3% above this industry median. Based on the distribution chart, Rishabh Instruments ranks #971 out of 1783 companies in the Hardware industry, which is below the industry midpoint. Overall, Rishabh Instruments has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rishabh Instruments' EV-to-EBIT compare to COHR and KEYS?
According to the Hardware industry distribution chart, Rishabh Instruments ranks #971 out of 1783 companies for EV-to-EBIT. This places Rishabh Instruments in the lower half of its industry. The industry median EV-to-EBIT is 19.84. Rishabh Instruments' value of 23.07 is 16.3% above this benchmark. Historically, Rishabh Instruments' own EV-to-EBIT has ranged from 12.35 to 49.69 over the past decade. While the company's 10-year median is 26.13 vs. the industry median of 19.84, Rishabh Instruments has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Hardware company?
The median EV-to-EBIT among Hardware companies is 19.84, based on 1,783 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rishabh Instruments's current EV-to-EBIT of 23.07 is 16.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Rishabh Instruments and its competitors. For the Hardware industry, the median EV-to-EBIT is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rishabh Instruments's current EV-to-EBIT is 23.07, which is 12% below median its own 10-year median of 26.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rishabh Instruments stock overvalued right now?
Based on GuruFocus' analysis, Rishabh Instruments (NSE:RISHABH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹431.18, compared to a current price of ₹695.00 — trading 61.2% above its estimated fair value. The current EV-to-EBIT is 23.07, which is 12% below median its 10-year median of 26.13 and 16.3% above the Hardware industry median of 19.84. Rishabh Instruments' overall GF Score™ is 50/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Rishabh Instruments (NSE:RISHABH), the current EV-to-EBIT is 23.07 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rishabh Instruments (NSE:RISHABH) Overvalued in 2026?

Based on GuruFocus' analysis, Rishabh Instruments stock appears to be overvalued. The current stock price of ₹695.00 is trading 61.2% above its estimated GF Value™ of ₹431.18. GuruFocus considers Rishabh Instruments to be Significantly Overvalued.

Key valuation signals for NSE:RISHABH:

  • EV-to-EBIT: 23.07 (12% below median its 10-year median of 26.13)
  • GF Value™: ₹431.18 vs. price of ₹695.00 (61.2% above fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 16.3% above the Hardware median (#971 of 1783)

No single metric tells the full story. See the NSE:RISHABH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rishabh Instruments Business Description

Other Exchanges 543977:India
Address MIDC Satpur, F-31, Nasik, MH, IND, 422007
Rishabh Instruments Ltd is engaged in designing, developing, and manufacturing test and measuring instruments and industrial control products, and high-pressure aluminum die casting. Its product portfolio comprises analog panel meters, battery chargers, CAM switches, clamp meters, earth testers, isolators, transducers, etc. Geographically, the group generates maximum revenue from Europe (excluding Poland), followed by Poland, Asia, the USA, and other regions.
50GF Score

Get the complete analysis for NSE:RISHABH

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹695.00
Price
₹431.18
GF Value