IDEAFORGE TECHNOLOGY
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The Current P/E Ratio of IDEAFORGE TECHNOLOGY is -54.76.
Share Price | ₹333.4 | Mar 13,2025 |
Market Cap | ₹1,437.0 Cr | |
Earnings-TTM | ₹-26.2 Cr | TTM-Consolidated Results |
Price/Earnings | -54.76x | 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 [ ₹1,437.0 Cr] as on Mar 13,2025
(/) Earnings [ ₹-26.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -54.76x ]
Thus, for IDEAFORGE TECHNOLOGY , the investors are currently willing to pay -54.76 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 | -54.76 | 1,437.0 |
BHARAT HEAVY ELECTRICALS LTD | 456.39 | 147.52 | 67,325.7 |
THERMAX LTD | 609.53 | 65.81 | 40,115.2 |
JYOTI CNC AUTOMATION LTD | 306.68 | 74.25 | 22,769.6 |
TRIVENI TURBINE LTD | 339.57 | 48.20 | 16,367.5 |
KIRLOSKAR BROTHERS LTD | 422.40 | 29.64 | 12,518.4 |
ELECON ENGINEERING COMPANY LTD | 364.15 | 24.10 | 8,777.4 |
PRAJ INDUSTRIES LTD | 271.05 | 35.60 | 9,649.3 |
KIRLOSKAR OIL ENGINES LTD | 494.99 | 19.15 | 9,477.3 |
TEGA INDUSTRIES LTD | 182.41 | 46.60 | 8,499.6 |
SHRIRAM PISTONS & RINGS LTD | 480.48 | 16.36 | 7,859.4 |
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 | -54.76x |
Max industry PE | 147.52x |
Median industry PE | 35.60x |
Average industry PE | 41.13x |
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