HILTON METAL FORGING
|
The Current P/E Ratio of HILTON METAL FORGING is 54.15.
Share Price | ₹80.6 | Nov 22,2024 |
Market Cap | ₹208.9 Cr | |
Earnings-TTM | ₹3.9 Cr | TTM-Standalone Results |
Price/Earnings | 54.15x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HILTON METAL FORGING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
HILTON METAL FORGING | 3.86 | 54.15 | 208.9 |
BHARAT FORGE LTD | 897.07 | 68.29 | 61,262.1 |
CIE AUTOMOTIVE INDIA LTD | 582.01 | 29.69 | 17,278.1 |
RAMKRISHNA FORGINGS LTD | 370.85 | 47.03 | 17,441.6 |
MM FORGINGS LTD | 131.64 | 16.81 | 2,212.5 |
LGB FORGE LTD | -5.09 | -46.81 | 238.2 |
KALYANI FORGE LTD | 6.49 | 34.50 | 223.9 |
SAMRAT FORGINGS LTD | 3.97 | 44.72 | 177.5 |
TIRUPATI FORGE LTD | 9.23 | 56.14 | 517.9 |
GANGA FORGING LTD | 0.68 | 140.12 | 95.8 |
Forgings Industry Benchmark (Top 10) PE Analysis vs HILTON METAL FORGING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -46.81x |
Max industry PE | 140.12x |
Median industry PE | 47.03x |
Average industry PE | 44.46x |
You may also like the below Video Courses