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IDEAFORGE TECHNOLOGY
PE (Price/Earnings) Ratio

The Current P/E Ratio of IDEAFORGE TECHNOLOGY is -78.67.

Share Price ₹480.1Feb 01,2025
Market Cap ₹2,064.2 Cr
Earnings-TTM₹-26.2 CrTTM-Consolidated Results
Price/Earnings-78.67xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of IDEAFORGE TECHNOLOGY

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 IDEAFORGE TECHNOLOGY is calculated as :

Current Market Cap [ ₹2,064.2 Cr] as on Feb 01,2025

(/) Earnings [ ₹-26.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -78.67x ]

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

Thus, for IDEAFORGE TECHNOLOGY , the investors are currently willing to pay -78.67 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 IDEAFORGE TECHNOLOGY !

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 IDEAFORGE TECHNOLOGY over the last five years.

Historical PE (Price/Earnings) ratio chart of IDEAFORGE TECHNOLOGY


PE Ratio Performance Analysis for IDEAFORGE TECHNOLOGY

- IDEAFORGE TECHNOLOGY 's latest p/e ratio is -78.67x.

- IDEAFORGE TECHNOLOGY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.03x.

- IDEAFORGE TECHNOLOGY '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, IDEAFORGE TECHNOLOGY 's p/e ratio peaked in Mar2024 at 65.14x.

- IDEAFORGE TECHNOLOGY 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does IDEAFORGE TECHNOLOGY 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
IDEAFORGE TECHNOLOGY -26.24-78.672,064.2
BHARAT ELECTRONICS LTD4,951.8041.60205,990.0
BHARAT HEAVY ELECTRICALS LTD456.39152.4869,589.0
THERMAX LTD732.6962.8746,067.6
TRIVENI TURBINE LTD339.5761.6020,917.9
KIRLOSKAR OIL ENGINES LTD515.8224.6012,687.0
ELECON ENGINEERING COMPANY LTD364.1532.5411,849.4
PRAJ INDUSTRIES LTD271.0542.4611,507.6
SHRIRAM PISTONS & RINGS LTD467.2718.878,817.9
KIRLOSKAR BROTHERS LTD391.9039.4715,468.1
TEGA INDUSTRIES LTD164.0360.709,956.0

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs IDEAFORGE TECHNOLOGY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -78.67x
Max industry PE 152.48x
Median industry PE 41.60x
Average industry PE 41.68x



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