Indo Tech Transformers (NSE:INDOTECH) PE Ratio (TTM): 38.93 (As of Jul. 18, 2026) — 71% Above Median

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NSE:INDOTECH Indo Tech Transformers Ltd NSE:INDOTECH
81 GF Score
Price ₹3,400.90
GF Value ₹2,161.30
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Indo Tech Transformers PE Ratio (TTM)?

Indo Tech Transformers NSE:INDOTECH -0.98% 81 PE Ratio (TTM) is 38.93 as of Jul. 18, 2026, which is 71% above its 10-year median of 22.78. GuruFocus rates NSE:INDOTECH with a GF Score™ of 81/100 and a GF Value™ of ₹2,161.30 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,230 Industrial Products companies, Indo Tech Transformers ranks worse than 64.8% on this metric.

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 (2026-07-18), Indo Tech Transformers's share price is ₹3400.90. Indo Tech Transformers's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹87.36. Therefore, Indo Tech Transformers's PE Ratio (TTM) for today is 38.93.

Warning Sign:

Indo Tech Transformers Ltd stock PE Ratio (=39.1) is close to 1-year high of 39.1.


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

NSE:INDOTECH' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 7.15   Med: 22.78   Max: 398.98
Current: 39.1


During the past 13 years, the highest PE Ratio (TTM) of Indo Tech Transformers was 398.98. The lowest was 7.15. And the median was 22.78.


NSE:INDOTECH's PE Ratio (TTM) is ranked worse than
64.8% of 2230 companies
in the Industrial Products industry
Industry Median: 27.63 vs NSE:INDOTECH: 39.10

Indo Tech Transformers's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was ₹22.53. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹87.36.

As of today (2026-07-18), Indo Tech Transformers's share price is ₹3400.90. Indo Tech Transformers's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹87.36. Therefore, Indo Tech Transformers's PE Ratio without NRI for today is 38.93.

During the past 13 years, Indo Tech Transformers's highest PE Ratio without NRI was 398.98. The lowest was 7.15. And the median was 22.78.

Indo Tech Transformers's EPS without NRI for the three months ended in Mar. 2026 was ₹22.53. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹87.36.

During the past 12 months, Indo Tech Transformers's average EPS without NRI Growth Rate was 45.20% per year. During the past 3 years, the average EPS without NRI Growth Rate was 53.30% per year. During the past 5 years, the average EPS without NRI Growth Rate was 73.30% per year.

During the past 13 years, Indo Tech Transformers's highest 3-Year average EPS without NRI Growth Rate was 134.10% per year. The lowest was -64.10% per year. And the median was 43.20% per year.

Indo Tech Transformers's EPS (Basic) for the three months ended in Mar. 2026 was ₹22.53. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹87.36.


Indo Tech Transformers  (NSE:INDOTECH) 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).


Indo Tech Transformers PE Ratio (TTM) Related Terms


Indo Tech Transformers PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Indo Tech Transformers'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.

Indo Tech Transformers PE Ratio (TTM) Chart

Indo Tech Transformers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.04 7.15 22.33 37.42 12.68

Indo Tech Transformers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 37.42 27.06 20.88 18.46 12.68

NSE:INDOTECH vs VRT, BE: PE Ratio (TTM) Comparison

For the Electrical Equipment & Parts subindustry, Indo Tech Transformers'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.


Indo Tech Transformers PE Ratio (TTM) vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Indo Tech Transformers's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Indo Tech Transformers's PE Ratio (TTM) falls into.


NSE:INDOTECH
81GF Score
Indo Tech Transformers Ltd NSE:INDOTECH
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Tech Transformers 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.

Indo Tech Transformers's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=3400.90/87.360
=38.93

Indo Tech Transformers's Share Price of today is ₹3400.90.
Indo Tech Transformers's Earnings per Share (Diluted) 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 ₹87.36.

* 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 38.93 mean?
Indo Tech Transformers (NSE:INDOTECH) has a PE Ratio (TTM) of 38.93 as of Jul. 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 Indo Tech Transformers and its competitors. This is 71% above median its historical median of 22.78. Over the past decade, Indo Tech Transformers' PE Ratio (TTM) has ranged from 7.15 to 398.98. According to the industry distribution chart, Indo Tech Transformers ranks #1445 out of 2230 companies in the Industrial Products industry, placing it in the top 64.8%.
Is Indo Tech Transformers' PE Ratio (TTM) too high?
Indo Tech Transformers' current PE Ratio (TTM) of 38.93 is 71% above median its 10-year median of 22.78. Over the past 10 years, this metric has ranged from a low of 7.15 to a high of 398.98. The Industrial Products industry median PE Ratio (TTM) is 27.63. Indo Tech Transformers' value of 38.93 is 40.9% above this industry median. Based on the distribution chart, Indo Tech Transformers ranks #1445 out of 2230 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Indo Tech Transformers has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Tech Transformers' PE Ratio (TTM) compare to VRT and BE?
According to the Industrial Products industry distribution chart, Indo Tech Transformers ranks #1445 out of 2230 companies for PE Ratio (TTM). This places Indo Tech Transformers in the lower half of its industry. The industry median PE Ratio (TTM) is 27.63. Indo Tech Transformers' value of 38.93 is 40.9% above this benchmark. Historically, Indo Tech Transformers' own PE Ratio (TTM) has ranged from 7.15 to 398.98 over the past decade. While the company's 10-year median is 22.78 vs. the industry median of 27.63, Indo Tech Transformers 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 PE Ratio (TTM) for an Industrial Products company?
The median PE Ratio (TTM) among Industrial Products companies is 27.63, based on 2,230 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. Indo Tech Transformers's current PE Ratio (TTM) of 38.93 is 40.9% 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 Indo Tech Transformers and its competitors. For the Industrial Products industry, the median PE Ratio (TTM) is 27.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Tech Transformers's current PE Ratio (TTM) is 38.93, which is 71% above median its own 10-year median of 22.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Tech Transformers stock overvalued right now?
Based on GuruFocus' analysis, Indo Tech Transformers (NSE:INDOTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,161.30, compared to a current price of ₹3,400.90 — trading 57.4% above its estimated fair value. The current PE Ratio (TTM) is 38.93, which is 71% above median its 10-year median of 22.78 and 40.9% above the Industrial Products industry median of 27.63. Indo Tech Transformers' overall GF Score™ is 81/100 with 4 warning signs to review. 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 Indo Tech Transformers (NSE:INDOTECH), the current PE Ratio (TTM) is 38.93 as of Jul. 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.

Is Indo Tech Transformers (NSE:INDOTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Tech Transformers stock appears to be overvalued. The current stock price of ₹3,400.90 is trading 57.4% above its estimated GF Value™ of ₹2,161.30. GuruFocus considers Indo Tech Transformers to be Significantly Overvalued.

Key valuation signals for NSE:INDOTECH:

  • PE Ratio (TTM): 38.93 (71% above median its 10-year median of 22.78)
  • GF Value™: ₹2,161.30 vs. price of ₹3,400.90 (57.4% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 40.9% above the Industrial Products median (#1445 of 2230)

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


Indo Tech Transformers Business Description

Other Exchanges 532717:India
Address Survey No.153-210, Near Rajakulam, KM-64, Illuppapattu Village, Kancheepuram, TN, IND, 631561
Indo Tech Transformers Ltd is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile sub-station transformers, and various special application transformers, mobile sub-station transformers and sub-stations. The Company has its manufacturing plant located at Kancheepuram in Tamil Nadu. The majority of the geographical revenue of the company is generated in India.
81GF Score

Get the complete analysis for NSE:INDOTECH

PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹3,400.90
Price
₹2,161.30
GF Value