FORBES & COMPANY
|
The Current P/E Ratio of FORBES & COMPANY is 23.16.
Share Price | ₹477.3 | Dec 24,2024 |
Market Cap | ₹615.7 Cr | |
Earnings-TTM | ₹26.6 Cr | TTM-Consolidated Results |
Price/Earnings | 23.16x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of FORBES & COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹615.7 Cr] as on Dec 24,2024
(/) Earnings [ ₹26.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.16x ]
Thus, for FORBES & COMPANY , the investors are currently willing to pay 23.16 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of FORBES & COMPANY !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of FORBES & COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of FORBES & COMPANY
PE Ratio Performance Analysis for FORBES & COMPANY
- FORBES & COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.81x.
- FORBES & COMPANY 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FORBES & COMPANY 's p/e ratio peaked in Mar2023 at 3.93x.
- FORBES & COMPANY 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does FORBES & COMPANY 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
FORBES & COMPANY | 26.58 | 23.16 | 615.7 |
BHARAT ELECTRONICS LTD | 4,498.65 | 47.52 | 213,774.0 |
BHARAT HEAVY ELECTRICALS LTD | 168.85 | 493.39 | 83,308.4 |
THERMAX LTD | 732.69 | 72.21 | 52,905.4 |
TRIVENI TURBINE LTD | 315.52 | 74.25 | 23,425.9 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 28.52 | 14,712.4 |
ELECON ENGINEERING COMPANY LTD | 346.78 | 40.62 | 14,085.6 |
PRAJ INDUSTRIES LTD | 300.36 | 49.86 | 14,976.2 |
SHRIRAM PISTONS & RINGS LTD | 467.27 | 19.39 | 9,060.4 |
KIRLOSKAR BROTHERS LTD | 391.90 | 40.32 | 15,802.0 |
TEGA INDUSTRIES LTD | 164.03 | 64.37 | 10,558.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs FORBES & COMPANY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.39x |
Max industry PE | 493.39x |
Median industry PE | 47.52x |
Average industry PE | 86.69x |
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