{"id":313158,"date":"2026-10-16T11:32:31","date_gmt":"2026-10-16T06:02:31","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=313158"},"modified":"2026-10-16T11:32:31","modified_gmt":"2026-10-16T06:02:31","slug":"modinsu-best-stock-in-its-sector","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/","title":{"rendered":"Is Modern Insulators the Best Stock in Its Sector? A Look at the Numbers"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Modern Insulators CMP Rs 485 (16 Oct 2026). Market cap Rs 2,286 Cr. ROE 14.69%. P\/E 24.28x versus Industry P\/E 45.89x.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Modern Insulators is one of the names investors compare when screening the Electricals sector. Whether it is the best stock in its sector depends on whether an investor prioritises return ratios, valuation or balance sheet strength. This article sets it against two named peers and the sector benchmark so you can judge for yourself.<\/p>\n<\/p><\/div>\n<p>Is <a href=\"https:\/\/univest.in\/stocks\/modinsu\/modern-insulators-ltd-share-price-today\">Modern Insulators<\/a> the best stock in its sector? The stock trades on the NSE at Rs 485 as of 16 October 2026, within its 52-week range of Rs 115.73 to Rs 579.00. The sections below cover the business, the key ratios, a peer comparison and a closer look at valuation.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/abbott-india-best-stock-in-its-sector\">Is Abbott India the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=modinsu-best-stock-in-its-sector\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/#About_Modern_Insulators\" title=\"About Modern Insulators\">About Modern Insulators<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/#Is_Modern_Insulators_the_Best_Stock_in_Its_Sector\" title=\"Is Modern Insulators the Best Stock in Its Sector?\">Is Modern Insulators the Best Stock in Its Sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/#How_Modern_Insulators_Compares_Against_Its_Electricals_Sector_Peers\" title=\"How Modern Insulators Compares Against Its Electricals Sector Peers\">How Modern Insulators Compares Against Its Electricals Sector Peers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/#What_Makes_Modern_Insulators_Worth_Watching_in_Electricals\" title=\"What Makes Modern Insulators Worth Watching in Electricals\">What Makes Modern Insulators Worth Watching in Electricals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/#Modern_Insulators_Valuation_Is_It_Justified\" title=\"Modern Insulators Valuation: Is It Justified?\">Modern Insulators Valuation: Is It Justified?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/#How_to_Track_Modern_Insulators_Before_You_Invest\" title=\"How to Track Modern Insulators Before You Invest\">How to Track Modern Insulators Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/#Is_Modern_Insulators_the_best_stock_in_its_sector\" title=\"Is Modern Insulators the best stock in its sector?\">Is Modern Insulators the best stock in its sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/#What_is_the_current_share_price_of_Modern_Insulators\" title=\"What is the current share price of Modern Insulators?\">What is the current share price of Modern Insulators?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/#What_sector_does_Modern_Insulators_belong_to\" title=\"What sector does Modern Insulators belong to?\">What sector does Modern Insulators belong to?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/#How_does_Modern_Insulators_compare_to_its_sector_peers_on_PE\" title=\"How does Modern Insulators compare to its sector peers on P\/E?\">How does Modern Insulators compare to its sector peers on P\/E?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/#What_is_Modern_Insulators_return_on_equity\" title=\"What is Modern Insulators&#8217; return on equity?\">What is Modern Insulators&#8217; return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/modinsu-best-stock-in-its-sector\/#Should_I_invest_in_Modern_Insulators_based_on_its_sector_position\" title=\"Should I invest in Modern Insulators based on its sector position?\">Should I invest in Modern Insulators based on its sector position?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"About_Modern_Insulators\"><\/span><strong>About Modern Insulators<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Modern Insulators Ltd is a Rajasthan based manufacturer of electrical insulators. Its insulators are used on power transmission and distribution lines and in substations, so its demand follows investment in the electricity grid. At a market capitalisation of Rs 2,286 Cr, it is tracked as part of the Electricals sector on Univest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_Modern_Insulators_the_Best_Stock_in_Its_Sector\"><\/span><strong>Is Modern Insulators the Best Stock in Its Sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Modern Insulators makes its case as the best stock in its sector primarily on valuation relative to its Industry P\/E, backed by its return on equity. Modern Insulators&#8217; 24.28x P\/E is below the 45.89x Industry P\/E and Skipper at 28.80x, though above Transrail Lighting at 16.00x, while its 14.69% ROE is lower than Transrail Lighting at 17.69%, though higher than Skipper at 14.29%, and its debt to equity ratio of 0.13 is below Skipper at 0.64 and Transrail Lighting at 0.30.<\/p>\n<table style=\"width:100%;border-collapse:collapse;\">\n<tr>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Metric<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Modern Insulators<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">CMP (NSE)<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 484.90<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">52-Week High \/ Low<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 579.00 \/ Rs 115.73<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Market Cap<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 2,286 Cr<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">P\/E (TTM) vs Industry P\/E<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">24.28x vs 45.89x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">P\/B<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">4.21<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">ROE<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">14.69%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">EPS (TTM)<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 19.97<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Dividend Yield<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.00%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Debt to Equity<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.13<\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare Modern Insulators Against Other Electricals Sector Stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Modern_Insulators_Compares_Against_Its_Electricals_Sector_Peers\"><\/span><strong>How Modern Insulators Compares Against Its Electricals Sector Peers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets Modern Insulators against 2 other Electricals sector names, using the same live data source for every company. A peer average row is included for P\/E, ROE and debt to equity, calculated across the 2 peer companies.<\/p>\n<table style=\"width:100%;border-collapse:collapse;\">\n<tr>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">P\/E<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/modinsu\/modern-insulators-ltd-share-price-today\">Modern Insulators<\/a><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">2,286<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">24.28<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">14.69%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.13<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Skipper<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">6,470<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">28.80<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">14.29%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.64<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Transrail Lighting<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">6,481<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">16.00<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">17.69%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.30<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>Peer average (2 companies)<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">&#8211;<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>22.40<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>15.99%<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>0.47<\/strong><\/td>\n<\/tr>\n<\/table>\n<p>Measured against the peer averages, Modern Insulators&#8217; P\/E is 8 percent above the 22.40x average, and its ROE is 1.30 percentage points below the 15.99% average. An average of just two companies is a rough guide, so treat the gap as a pointer for further research and not as a verdict.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Makes_Modern_Insulators_Worth_Watching_in_Electricals\"><\/span><strong>What Makes Modern Insulators Worth Watching in Electricals<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Scale:<\/strong> At Rs 2,286 Cr, its market capitalisation is smaller than Skipper (Rs 6,470 Cr) and Transrail Lighting (Rs 6,481 Cr), which is a useful reminder that the peers differ in size as well as in valuation.<\/li>\n<li><strong>Sector drivers:<\/strong> Grid expansion and replacement of ageing network components by utilities support demand for its products.<\/li>\n<li><strong>Key risk:<\/strong> The stock has risen several times from its 52-week low, so price swings can be sharp, and the company depends on orders from a limited set of utility customers.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Modern_Insulators_Valuation_Is_It_Justified\"><\/span><strong>Modern Insulators Valuation: Is It Justified?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At a P\/B ratio of 4.21, the market pays about Rs 4.21 for every rupee of book value, and the EPS (TTM) of Rs 19.97 is the earnings base behind the P\/E. The stock trades about 16 percent below its 52-week high and about 4.2 times its 52-week low. The company does not currently show a dividend yield, so returns for shareholders depend mainly on the share price. As with any single stock, investors should weigh these figures against their own valuation discipline and risk appetite rather than the sector label alone.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/ofss-best-stock-in-its-sector\">Is Oracle Financial Services Software the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Modern Insulators and other Electricals sector stocks.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Track_Modern_Insulators_Before_You_Invest\"><\/span><strong>How to Track Modern Insulators Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Before deciding whether Modern Insulators deserves its label as the best stock in its sector for your own portfolio, compare it directly against Electricals sector peers using the steps below.<\/p>\n<ol>\n<li>Open the Univest Screener and search for Modern Insulators to view live price, valuation ratios, and peer comparisons within the Electricals sector.<\/li>\n<li>Compare its P\/E, P\/B, and ROE against other Electricals sector stocks before deciding if the current valuation fits your strategy.<\/li>\n<li>Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.<\/li>\n<li>Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Modern Insulators gives investors a clear set of numbers to work with, from returns and valuation to leverage and peer standing. Whether it earns the label of best stock in Electricals depends on how much weight you give each of them and on how the business executes from here. Because the stock trades below its sector benchmark, the open question is whether earnings growth will close that gap or whether the discount is deserved. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Is_Modern_Insulators_the_best_stock_in_its_sector\"><\/span><strong>Is Modern Insulators the best stock in its sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. Modern Insulators has a 14.69% ROE and trades at 24.28x P\/E against a 45.89x Industry P\/E. Against the 2 peers compared in this article, its ROE is below the 15.99% peer average and its P\/E is above the 22.40x peer average. Its debt to equity ratio of 0.13 is below the 0.47 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_share_price_of_Modern_Insulators\"><\/span><strong>What is the current share price of Modern Insulators?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Modern Insulators was trading at Rs 484.90 on the NSE as of 16 October 2026, and its 52-week range runs from Rs 115.73 to Rs 579.00. That leaves the share price 16 percent short of the 52-week high and 4.2 times the 52-week low. Its market capitalisation is Rs 2,286 Cr and its EPS (TTM) is Rs 19.97, which is the earnings figure behind the 24.28x P\/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_sector_does_Modern_Insulators_belong_to\"><\/span><strong>What sector does Modern Insulators belong to?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Modern Insulators is classified under the Electricals sector on Univest, and that group of listed companies is the reference point for the 45.89x Industry P\/E used in this article. The 2 named peers compared here are Skipper and Transrail Lighting, chosen as comparable listed names so that the P\/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Electricals sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Modern_Insulators_compare_to_its_sector_peers_on_PE\"><\/span><strong>How does Modern Insulators compare to its sector peers on P\/E?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Modern Insulators&#8217; P\/E of 24.28x is above the 22.40x average of the 2 named peers, with Skipper at 28.80x and Transrail Lighting at 16.00x. It also sits below the 45.89x Industry P\/E, which is the benchmark for the wider Electricals sector. A P\/E that is above a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P\/B ratio of 4.21 gives one more view of how the market values its book value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Modern_Insulators_return_on_equity\"><\/span><strong>What is Modern Insulators&#8217; return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Modern Insulators reported a return on equity of 14.69%, which is below the 15.99% average of its named peers, with Skipper at 14.29% and Transrail Lighting at 17.69%. ROE shows how much profit a company generates on every rupee of shareholders&#8217; equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.13 against a peer average of 0.47. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_invest_in_Modern_Insulators_based_on_its_sector_position\"><\/span><strong>Should I invest in Modern Insulators based on its sector position?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Sector position is only one input into an investment decision. Modern Insulators has a 14.69% ROE and a 24.28x P\/E, which make it worth researching further, and its dividend yield is 0.00%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Is Modern Insulators the best stock in its sector?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. Modern Insulators has a 14.69% ROE and trades at 24.28x P\/E against a 45.89x Industry P\/E. Against the 2 peers compared in this article, its ROE is below the 15.99% peer average and its P\/E is above the 22.40x peer average. Its debt to equity ratio of 0.13 is below the 0.47 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.\"}},{\"@type\":\"Question\",\"name\":\"What is the current share price of Modern Insulators?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Modern Insulators was trading at Rs 484.90 on the NSE as of 16 October 2026, and its 52-week range runs from Rs 115.73 to Rs 579.00. That leaves the share price 16 percent short of the 52-week high and 4.2 times the 52-week low. Its market capitalisation is Rs 2,286 Cr and its EPS (TTM) is Rs 19.97, which is the earnings figure behind the 24.28x P\/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.\"}},{\"@type\":\"Question\",\"name\":\"What sector does Modern Insulators belong to?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Modern Insulators is classified under the Electricals sector on Univest, and that group of listed companies is the reference point for the 45.89x Industry P\/E used in this article. The 2 named peers compared here are Skipper and Transrail Lighting, chosen as comparable listed names so that the P\/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Electricals sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.\"}},{\"@type\":\"Question\",\"name\":\"How does Modern Insulators compare to its sector peers on P\/E?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Modern Insulators' P\/E of 24.28x is above the 22.40x average of the 2 named peers, with Skipper at 28.80x and Transrail Lighting at 16.00x. It also sits below the 45.89x Industry P\/E, which is the benchmark for the wider Electricals sector. A P\/E that is above a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P\/B ratio of 4.21 gives one more view of how the market values its book value.\"}},{\"@type\":\"Question\",\"name\":\"What is Modern Insulators' return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Modern Insulators reported a return on equity of 14.69%, which is below the 15.99% average of its named peers, with Skipper at 14.29% and Transrail Lighting at 17.69%. ROE shows how much profit a company generates on every rupee of shareholders' equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.13 against a peer average of 0.47. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.\"}},{\"@type\":\"Question\",\"name\":\"Should I invest in Modern Insulators based on its sector position?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Sector position is only one input into an investment decision. Modern Insulators has a 14.69% ROE and a 24.28x P\/E, which make it worth researching further, and its dividend yield is 0.00%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Is Modern Insulators the best stock in its Electricals sector? A data-driven comparison against named peers on P\/E, ROE and more.<\/p>\n","protected":false},"author":35,"featured_media":313157,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[5839,1019],"class_list":["post-313158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-sector-stocks","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["313157"],"rank_math_title":["Is Modern Insulators the Best Stock in Its Sector? A Look at the Numbers"],"rank_math_description":["Is Modern Insulators the best stock in its Electricals sector? A data-driven comparison against named peers on P\/E, ROE and more."],"rank_math_focus_keyword":["Is Modern Insulators the Best Stock in Its Sector? A Look at the Numbers"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/is-modern-insulators-the-best-stock-in-its-sector-a-look-at-the-numbers.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/313158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=313158"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/313158\/revisions"}],"predecessor-version":[{"id":313160,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/313158\/revisions\/313160"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/313157"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=313158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=313158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=313158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}