GANGA FORGING
|
The Current P/E Ratio of GANGA FORGING is 130.07.
Share Price | ₹6.6 | Jan 30,2025 |
Market Cap | ₹89.0 Cr | |
Earnings-TTM | ₹0.7 Cr | TTM-Standalone Results |
Price/Earnings | 130.07x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GANGA FORGING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹89.0 Cr] as on Jan 30,2025
(/) Earnings [ ₹0.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 130.07x ]
Thus, for GANGA FORGING , the investors are currently willing to pay 130.07 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 GANGA FORGING !
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 GANGA FORGING over the last five years.
Historical PE (Price/Earnings) ratio chart of GANGA FORGING
PE Ratio Performance Analysis for GANGA FORGING
- GANGA FORGING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 76.00x.
- GANGA FORGING 's operated at median p/e ratio of 19.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GANGA FORGING 's p/e ratio peaked in Mar2024 at 263.64x.
- GANGA FORGING 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does GANGA FORGING 's P/E Ratio benchmark against top 10 peers in Forgings Industry?
Peer Comparison (Forgings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GANGA FORGING | 0.68 | 130.07 | 89.0 |
BHARAT FORGE LTD | 897.07 | 63.14 | 56,643.9 |
CIE AUTOMOTIVE INDIA LTD | 582.01 | 30.36 | 17,670.7 |
RAMKRISHNA FORGINGS LTD | 383.57 | 35.75 | 13,714.2 |
MM FORGINGS LTD | 131.64 | 15.68 | 2,064.5 |
LGB FORGE LTD | -5.09 | -56.50 | 287.5 |
HILTON METAL FORGING LTD | 3.86 | 59.39 | 229.1 |
KALYANI FORGE LTD | 6.49 | 36.72 | 238.3 |
SAMRAT FORGINGS LTD | 3.97 | 42.21 | 167.5 |
TIRUPATI FORGE LTD | 9.23 | 72.80 | 671.6 |
Forgings Industry Benchmark (Top 10) PE Analysis vs GANGA FORGING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -56.50x |
Max industry PE | 130.07x |
Median industry PE | 42.21x |
Average industry PE | 42.96x |
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