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GANGA FORGING
PE (Price/Earnings) Ratio

The Current P/E Ratio of GANGA FORGING is 137.56.

Share Price ₹7.0Dec 27,2024
Market Cap ₹94.1 Cr
Earnings-TTM₹0.7 CrTTM-Standalone Results
Price/Earnings137.56xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GANGA FORGING

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of GANGA FORGING is calculated as :

Current Market Cap [ ₹94.1 Cr] as on Dec 27,2024

(/) Earnings [ ₹0.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 137.56x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for GANGA FORGING , the investors are currently willing to pay 137.56 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 latest p/e ratio is 137.56x.

- 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 RatioMarket Cap
GANGA FORGING 0.68137.5694.1
BHARAT FORGE LTD897.0770.1162,890.2
CIE AUTOMOTIVE INDIA LTD582.0130.7517,894.5
RAMKRISHNA FORGINGS LTD370.8544.4616,488.5
MM FORGINGS LTD131.6417.382,288.1
LGB FORGE LTD-5.09-77.09392.3
HILTON METAL FORGING LTD3.8668.55264.4
KALYANI FORGE LTD6.4938.36248.9
SAMRAT FORGINGS LTD3.9742.83170.0
TIRUPATI FORGE LTD9.2371.08655.7

Forgings Industry Benchmark (Top 10) PE Analysis vs GANGA FORGING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -77.09x
Max industry PE 137.56x
Median industry PE 44.46x
Average industry PE 44.40x



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