{"id":313466,"date":"2026-10-16T13:05:11","date_gmt":"2026-10-16T07:35:11","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=313466"},"modified":"2026-10-16T13:05:11","modified_gmt":"2026-10-16T07:35:11","slug":"alpexsolar-best-stock-in-its-sector-2","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/alpexsolar-best-stock-in-its-sector-2\/","title":{"rendered":"Is Alpex Solar 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>Alpex Solar CMP Rs 778 (16 Oct 2026). Market cap Rs 1,987 Cr. ROE 35.87%. P\/E 9.93x 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;\">Alpex Solar 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\/alpexsolar\/alpex-solar-ltd-share-price-today\">Alpex Solar<\/a> the best stock in its sector? The stock trades on the NSE at Rs 778 as of 16 October 2026, within its 52-week range of Rs 660.00 to Rs 1,319.00. 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=alpexsolar-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\/alpexsolar-best-stock-in-its-sector-2\/#About_Alpex_Solar\" title=\"About Alpex Solar\">About Alpex Solar<\/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\/alpexsolar-best-stock-in-its-sector-2\/#Is_Alpex_Solar_the_Best_Stock_in_Its_Sector\" title=\"Is Alpex Solar the Best Stock in Its Sector?\">Is Alpex Solar 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\/alpexsolar-best-stock-in-its-sector-2\/#How_Alpex_Solar_Compares_Against_Its_Electricals_Sector_Peers\" title=\"How Alpex Solar Compares Against Its Electricals Sector Peers\">How Alpex Solar 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\/alpexsolar-best-stock-in-its-sector-2\/#What_Makes_Alpex_Solar_Worth_Watching_in_Electricals\" title=\"What Makes Alpex Solar Worth Watching in Electricals\">What Makes Alpex Solar 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\/alpexsolar-best-stock-in-its-sector-2\/#Alpex_Solar_Valuation_Is_It_Justified\" title=\"Alpex Solar Valuation: Is It Justified?\">Alpex Solar 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\/alpexsolar-best-stock-in-its-sector-2\/#How_to_Track_Alpex_Solar_Before_You_Invest\" title=\"How to Track Alpex Solar Before You Invest\">How to Track Alpex Solar 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\/alpexsolar-best-stock-in-its-sector-2\/#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\/alpexsolar-best-stock-in-its-sector-2\/#Is_Alpex_Solar_the_best_stock_in_its_sector\" title=\"Is Alpex Solar the best stock in its sector?\">Is Alpex Solar 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\/alpexsolar-best-stock-in-its-sector-2\/#What_is_the_current_share_price_of_Alpex_Solar\" title=\"What is the current share price of Alpex Solar?\">What is the current share price of Alpex Solar?<\/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\/alpexsolar-best-stock-in-its-sector-2\/#What_sector_does_Alpex_Solar_belong_to\" title=\"What sector does Alpex Solar belong to?\">What sector does Alpex Solar 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\/alpexsolar-best-stock-in-its-sector-2\/#How_does_Alpex_Solar_compare_to_its_sector_peers_on_PE\" title=\"How does Alpex Solar compare to its sector peers on P\/E?\">How does Alpex Solar 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\/alpexsolar-best-stock-in-its-sector-2\/#What_is_Alpex_Solars_return_on_equity\" title=\"What is Alpex Solar&#8217;s return on equity?\">What is Alpex Solar&#8217;s 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\/alpexsolar-best-stock-in-its-sector-2\/#Should_I_invest_in_Alpex_Solar_based_on_its_sector_position\" title=\"Should I invest in Alpex Solar based on its sector position?\">Should I invest in Alpex Solar based on its sector position?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"About_Alpex_Solar\"><\/span><strong>About Alpex Solar<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Alpex Solar Ltd is a solar photovoltaic module manufacturer. It sells modules to developers and channel partners, and it has been expanding manufacturing capacity to serve rising domestic solar demand. At a market capitalisation of Rs 1,987 Cr, it is tracked as part of the Electricals sector on Univest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_Alpex_Solar_the_Best_Stock_in_Its_Sector\"><\/span><strong>Is Alpex Solar the Best Stock in Its Sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Alpex Solar 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. Alpex Solar&#8217;s 9.93x P\/E is below the 45.89x Industry P\/E, Premier Energies at 24.70x and Vikram Solar at 14.89x, while its 35.87% ROE is higher than Premier Energies at 35.05% and Vikram Solar at 14.85%, and its debt to equity ratio of 0.95 is above Premier Energies at 0.86 and Vikram Solar at 0.20.<\/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;\">Alpex Solar<\/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 777.75<\/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 1,319.00 \/ Rs 660.00<\/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 1,987 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;\">9.93x 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;\">3.75<\/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;\">35.87%<\/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 78.33<\/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;\">0.95<\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare Alpex Solar Against Other Electricals Sector Stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Alpex_Solar_Compares_Against_Its_Electricals_Sector_Peers\"><\/span><strong>How Alpex Solar Compares Against Its Electricals Sector Peers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets Alpex Solar 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\/alpexsolar\/alpex-solar-ltd-share-price-today\">Alpex Solar<\/a><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">1,987<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">9.93<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">35.87%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.95<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Premier Energies<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">41,337<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">24.70<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">35.05%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.86<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Vikram Solar<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">5,316<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">14.89<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">14.85%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.20<\/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>19.80<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>24.95%<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>0.53<\/strong><\/td>\n<\/tr>\n<\/table>\n<p>Measured against the peer averages, Alpex Solar&#8217;s P\/E is 50 percent below the 19.80x average, and its ROE is 10.92 percentage points above the 24.95% 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_Alpex_Solar_Worth_Watching_in_Electricals\"><\/span><strong>What Makes Alpex Solar Worth Watching in Electricals<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Scale:<\/strong> At Rs 1,987 Cr, its market capitalisation is smaller than Premier Energies (Rs 41,337 Cr) and Vikram Solar (Rs 5,316 Cr), which is a useful reminder that the peers differ in size as well as in valuation.<\/li>\n<li><strong>Sector drivers:<\/strong> Rising solar installations in India and policy support for domestic manufacturing influence its order book and utilisation.<\/li>\n<li><strong>Key risk:<\/strong> A debt to equity of 0.95 and a share price well below its 52-week high suggest that financing needs and price competition deserve attention.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Alpex_Solar_Valuation_Is_It_Justified\"><\/span><strong>Alpex Solar Valuation: Is It Justified?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At a P\/B ratio of 3.75, the market pays about Rs 3.75 for every rupee of book value, and the EPS (TTM) of Rs 78.33 is the earnings base behind the P\/E. The stock trades about 41 percent below its 52-week high and about 18 percent above 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 Alpex Solar and other Electricals sector stocks.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Track_Alpex_Solar_Before_You_Invest\"><\/span><strong>How to Track Alpex Solar Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Before deciding whether Alpex Solar 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 Alpex Solar 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>Alpex Solar 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_Alpex_Solar_the_best_stock_in_its_sector\"><\/span><strong>Is Alpex Solar 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. Alpex Solar has a 35.87% ROE and trades at 9.93x P\/E against a 45.89x Industry P\/E. Against the 2 peers compared in this article, its ROE is above the 24.95% peer average and its P\/E is below the 19.80x peer average. Its debt to equity ratio of 0.95 is above the 0.53 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_Alpex_Solar\"><\/span><strong>What is the current share price of Alpex Solar?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Alpex Solar was trading at Rs 777.75 on the NSE as of 16 October 2026, and its 52-week range runs from Rs 660.00 to Rs 1,319.00. That leaves the share price 41 percent short of the 52-week high and 18 percent clear of the 52-week low. Its market capitalisation is Rs 1,987 Cr and its EPS (TTM) is Rs 78.33, which is the earnings figure behind the 9.93x 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_Alpex_Solar_belong_to\"><\/span><strong>What sector does Alpex Solar belong to?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Alpex Solar 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 Premier Energies and Vikram Solar, 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_Alpex_Solar_compare_to_its_sector_peers_on_PE\"><\/span><strong>How does Alpex Solar compare to its sector peers on P\/E?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Alpex Solar&#8217;s P\/E of 9.93x is below the 19.80x average of the 2 named peers, with Premier Energies at 24.70x and Vikram Solar at 14.89x. It also sits below the 45.89x Industry P\/E, which is the benchmark for the wider Electricals sector. A P\/E that is below 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 3.75 gives one more view of how the market values its book value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Alpex_Solars_return_on_equity\"><\/span><strong>What is Alpex Solar&#8217;s return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Alpex Solar reported a return on equity of 35.87%, which is above the 24.95% average of its named peers, with Premier Energies at 35.05% and Vikram Solar at 14.85%. 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 0.95 against a peer average of 0.53. 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_Alpex_Solar_based_on_its_sector_position\"><\/span><strong>Should I invest in Alpex Solar 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. Alpex Solar has a 35.87% ROE and a 9.93x 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 Alpex Solar 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. Alpex Solar has a 35.87% ROE and trades at 9.93x P\/E against a 45.89x Industry P\/E. Against the 2 peers compared in this article, its ROE is above the 24.95% peer average and its P\/E is below the 19.80x peer average. Its debt to equity ratio of 0.95 is above the 0.53 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 Alpex Solar?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Alpex Solar was trading at Rs 777.75 on the NSE as of 16 October 2026, and its 52-week range runs from Rs 660.00 to Rs 1,319.00. That leaves the share price 41 percent short of the 52-week high and 18 percent clear of the 52-week low. Its market capitalisation is Rs 1,987 Cr and its EPS (TTM) is Rs 78.33, which is the earnings figure behind the 9.93x 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 Alpex Solar belong to?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Alpex Solar 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 Premier Energies and Vikram Solar, 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 Alpex Solar compare to its sector peers on P\/E?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Alpex Solar's P\/E of 9.93x is below the 19.80x average of the 2 named peers, with Premier Energies at 24.70x and Vikram Solar at 14.89x. It also sits below the 45.89x Industry P\/E, which is the benchmark for the wider Electricals sector. A P\/E that is below 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 3.75 gives one more view of how the market values its book value.\"}},{\"@type\":\"Question\",\"name\":\"What is Alpex Solar's return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Alpex Solar reported a return on equity of 35.87%, which is above the 24.95% average of its named peers, with Premier Energies at 35.05% and Vikram Solar at 14.85%. 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 0.95 against a peer average of 0.53. 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 Alpex Solar based on its sector position?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Sector position is only one input into an investment decision. Alpex Solar has a 35.87% ROE and a 9.93x 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 Alpex Solar 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":313465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[5839,1019],"class_list":["post-313466","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":["313465"],"rank_math_title":["Is Alpex Solar the Best Stock in Its Sector? A Look at the Numbers"],"rank_math_description":["Is Alpex Solar 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 Alpex Solar the Best Stock in Its Sector? 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