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HILTON METAL FORGING
PE (Price/Earnings) Ratio

The Current P/E Ratio of HILTON METAL FORGING is 54.15.

Share Price ₹80.6Nov 22,2024
Market Cap ₹208.9 Cr
Earnings-TTM₹3.9 CrTTM-Standalone Results
Price/Earnings54.15xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HILTON METAL 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 HILTON METAL FORGING is calculated as :

Current Market Cap [ ₹208.9 Cr] as on Nov 22,2024

(/) Earnings [ ₹3.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 54.15x ]

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

Thus, for HILTON METAL FORGING , the investors are currently willing to pay 54.15 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 HILTON METAL 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 HILTON METAL FORGING over the last five years.

Historical PE (Price/Earnings) ratio chart of HILTON METAL FORGING


PE Ratio Performance Analysis for HILTON METAL FORGING

- HILTON METAL FORGING 's latest p/e ratio is 54.15x.

- HILTON METAL FORGING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.96x.

- HILTON METAL FORGING 's operated at median p/e ratio of 21.54x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HILTON METAL FORGING 's p/e ratio peaked in Mar2023 at 36.04x.

- HILTON METAL FORGING 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does HILTON METAL FORGING 's P/E Ratio benchmark against top 10 peers in Forgings Industry?

Peer Comparison (Forgings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HILTON METAL FORGING 3.8654.15208.9
BHARAT FORGE LTD897.0768.2961,262.1
CIE AUTOMOTIVE INDIA LTD582.0129.6917,278.1
RAMKRISHNA FORGINGS LTD370.8547.0317,441.6
MM FORGINGS LTD131.6416.812,212.5
LGB FORGE LTD-5.09-46.81238.2
KALYANI FORGE LTD6.4934.50223.9
SAMRAT FORGINGS LTD3.9744.72177.5
TIRUPATI FORGE LTD9.2356.14517.9
GANGA FORGING LTD0.68140.1295.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -46.81x
Max industry PE 140.12x
Median industry PE 47.03x
Average industry PE 44.46x



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