IDEAFORGE TECHNOLOGY
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The Current P/E Ratio of IDEAFORGE TECHNOLOGY is 198.95.
Share Price | ₹582.0 | Jan 10,2025 |
Market Cap | ₹2,502.4 Cr | |
Earnings-TTM | ₹12.6 Cr | TTM-Consolidated Results |
Price/Earnings | 198.95x | 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 [ ₹2,502.4 Cr] as on Jan 10,2025
(/) Earnings [ ₹12.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 198.95x ]
Thus, for IDEAFORGE TECHNOLOGY , the investors are currently willing to pay 198.95 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 | 12.58 | 198.95 | 2,502.4 |
BHARAT ELECTRONICS LTD | 4,498.65 | 44.03 | 198,095.0 |
BHARAT HEAVY ELECTRICALS LTD | 168.85 | 421.72 | 71,208.2 |
THERMAX LTD | 732.69 | 61.34 | 44,943.4 |
TRIVENI TURBINE LTD | 315.52 | 71.39 | 22,526.3 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 26.52 | 13,681.2 |
ELECON ENGINEERING COMPANY LTD | 346.78 | 38.46 | 13,338.3 |
PRAJ INDUSTRIES LTD | 300.36 | 45.21 | 13,578.3 |
SHRIRAM PISTONS & RINGS LTD | 467.27 | 19.64 | 9,175.6 |
KIRLOSKAR BROTHERS LTD | 391.90 | 41.74 | 16,359.0 |
TEGA INDUSTRIES LTD | 164.03 | 64.57 | 10,591.1 |
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 | 19.64x |
Max industry PE | 421.72x |
Median industry PE | 45.21x |
Average industry PE | 93.96x |
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