Bright Solar (NSE:BRIGHT) PE Ratio (TTM): 116.67 (As of Aug. 18, 2026)

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NSE:BRIGHT Bright Solar Ltd NSE:BRIGHT
6 GF Score
Price ₹2.80
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What is Bright Solar PE Ratio (TTM)?

Bright Solar NSE:BRIGHT 6 PE Ratio (TTM) is 116.67 as of Aug. 18, 2026. GuruFocus rates NSE:BRIGHT with a GF Score™ of 6/100.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-08-18), Bright Solar's share price is ₹2.80. Bright Solar's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 was ₹0.02. Therefore, Bright Solar's PE Ratio (TTM) for today is 116.67.


The historical rank and industry rank for Bright Solar's PE Ratio (TTM) or its related term are showing as below:

NSE:BRIGHT' s PE Ratio (TTM) Range Over the Past 10 Years
Min: At Loss   Med: At Loss   Max: At Loss
Current: At Loss



NSE:BRIGHT's PE Ratio (TTM) is not ranked
in the Semiconductors industry.
Industry Median: 43.71 vs NSE:BRIGHT: At Loss

Bright Solar's Earnings per Share (Diluted) for the six months ended in Mar. 2025 was ₹0.01. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 was ₹0.02.

As of today (2026-08-18), Bright Solar's share price is ₹2.80. Bright Solar's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2025 was ₹-0.04. Therefore, Bright Solar's PE Ratio without NRI for today is At Loss.

Bright Solar's EPS without NRI for the six months ended in Mar. 2025 was ₹-0.06. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2025 was ₹-0.04.

Bright Solar's EPS (Basic) for the six months ended in Mar. 2025 was ₹0.01. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2025 was ₹0.02.


Bright Solar  (NSE:BRIGHT) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Bright Solar PE Ratio (TTM) Related Terms


Bright Solar PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Bright Solar's PE Ratio (TTM) 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.

Bright Solar PE Ratio (TTM) Chart

Bright Solar Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.44 At Loss 185.00 At Loss 116.67

Bright Solar Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
PE Ratio (TTM) 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 Premium Member Only Premium Member Only Premium Member Only 185.00 At Loss At Loss At Loss 116.67

NSE:BRIGHT vs FSLR, ENPH, NXT: PE Ratio (TTM) Comparison

For the Solar subindustry, Bright Solar's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Bright Solar PE Ratio (TTM) vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Bright Solar's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Bright Solar's PE Ratio (TTM) falls into.


NSE:BRIGHT
6GF Score
Bright Solar Ltd NSE:BRIGHT
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
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Bright Solar PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Bright Solar's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=2.80/0.024
=116.67

Bright Solar's Share Price of today is ₹2.80.
For company reported semi-annually, Bright Solar's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0.02.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 116.67 mean?
Bright Solar (NSE:BRIGHT) has a PE Ratio (TTM) of 116.67 as of Aug. 18, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Bright Solar and its competitors.
Is Bright Solar's PE Ratio (TTM) too high?
Bright Solar's current PE Ratio (TTM) is 116.67. The Semiconductors industry median PE Ratio (TTM) is 43.71. Bright Solar's value of 116.67 is 166.9% above this industry median. Overall, Bright Solar has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Bright Solar's PE Ratio (TTM) compare to FSLR and ENPH?
Bright Solar's PE Ratio (TTM) of 116.67 can be compared against companies in the Semiconductors industry. The industry median PE Ratio (TTM) is 43.71. Bright Solar's value of 116.67 is 166.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for a Semiconductors company?
The median PE Ratio (TTM) among Semiconductors companies is 43.71, based on 657 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bright Solar's current PE Ratio (TTM) of 116.67 is 166.9% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Bright Solar and its competitors. For the Semiconductors industry, the median PE Ratio (TTM) is 43.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Solar's current PE Ratio (TTM) is 116.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Solar stock overvalued right now?
Bright Solar (NSE:BRIGHT) has a current PE Ratio (TTM) of 116.67. The current PE Ratio (TTM) is 116.67 and 166.9% above the Semiconductors industry median of 43.71. Bright Solar's overall GF Score™ is 6/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Bright Solar (NSE:BRIGHT), the current PE Ratio (TTM) is 116.67 as of Aug. 18, 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.

Bright Solar Business Description

Address Shyamal Cross Road, S.F-203, Shangrila Arcade, Opposite Shyamal 3A Row Houses, Satellite, Ahmedabad, GJ, IND, 380 015
Bright Solar Ltd is engaged in the business of manufacturing of solar pump and pumping system & other solar products and Infrastructure projects which includes Rural water supply projects & EPC projects of Water treatment & Sewerage treatment plant unit. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Sale of Services- Installation of Systems and Consulting of Project Tendering, Infrastructure projects, FMCG Business and Drone Services Business. The company generates the majority of its revenue from Solar Water Pumping and other system sales.
6GF Score

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₹2.80
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