IDEAFORGE TECHNOLOGY
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The Current P/E Ratio of IDEAFORGE TECHNOLOGY is -60.60.
Share Price | ₹369.0 | Apr 21,2025 |
Market Cap | ₹1,590.2 Cr | |
Earnings-TTM | ₹-26.2 Cr | TTM-Consolidated Results |
Price/Earnings | -60.60x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of IDEAFORGE TECHNOLOGY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,590.2 Cr] as on Apr 21,2025
(/) Earnings [ ₹-26.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -60.60x ]
Thus, for IDEAFORGE TECHNOLOGY , the investors are currently willing to pay -60.60 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 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 Ratio | Market Cap |
---|---|---|---|
IDEAFORGE TECHNOLOGY | -26.24 | -60.60 | 1,590.2 |
BHARAT HEAVY ELECTRICALS LTD | 456.39 | 173.31 | 79,095.1 |
THERMAX LTD | 609.53 | 66.90 | 40,778.9 |
JYOTI CNC AUTOMATION LTD | 306.68 | 78.44 | 24,056.8 |
TRIVENI TURBINE LTD | 339.57 | 48.02 | 16,305.5 |
KIRLOSKAR BROTHERS LTD | 422.40 | 31.93 | 13,486.4 |
ELECON ENGINEERING COMPANY LTD | 364.15 | 30.56 | 11,128.0 |
PRAJ INDUSTRIES LTD | 271.05 | 35.51 | 9,625.4 |
KIRLOSKAR OIL ENGINES LTD | 494.99 | 22.01 | 10,896.4 |
TEGA INDUSTRIES LTD | 182.41 | 52.11 | 9,504.6 |
SHRIRAM PISTONS & RINGS LTD | 480.48 | 17.14 | 8,233.4 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs IDEAFORGE TECHNOLOGY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -60.60x |
Max industry PE | 173.31x |
Median industry PE | 35.51x |
Average industry PE | 45.03x |
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