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IDEAFORGE TECHNOLOGY
PE (Price/Earnings) Ratio

The Current P/E Ratio of IDEAFORGE TECHNOLOGY is 205.62.

Share Price ₹601.5Jan 09,2025
Market Cap ₹2,586.2 Cr
Earnings-TTM₹12.6 CrTTM-Consolidated Results
Price/Earnings205.62xCalculated 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 [ ₹2,586.2 Cr] as on Jan 09,2025

(/) Earnings [ ₹12.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 205.62x ]

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 205.62 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 205.62x.

- 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 12.58205.622,586.2
BHARAT ELECTRONICS LTD4,498.6545.69205,551.0
BHARAT HEAVY ELECTRICALS LTD168.85446.2775,351.9
THERMAX LTD732.6963.4346,472.1
TRIVENI TURBINE LTD315.5272.4622,861.7
KIRLOSKAR OIL ENGINES LTD515.8227.1714,015.8
ELECON ENGINEERING COMPANY LTD346.7839.1613,579.6
PRAJ INDUSTRIES LTD300.3647.8014,357.6
SHRIRAM PISTONS & RINGS LTD467.2719.729,216.5
KIRLOSKAR BROTHERS LTD391.9043.2016,931.2
TEGA INDUSTRIES LTD164.0363.6910,447.4

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

Top 10 Industry PeersPE Ratio
Min industry PE 19.72x
Max industry PE 446.27x
Median industry PE 47.80x
Average industry PE 97.66x



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