KALYANI FORGE
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The Current P/E Ratio of KALYANI FORGE is 35.41.
Share Price | ₹638.3 | Nov 29,2024 |
Market Cap | ₹229.8 Cr | |
Earnings-TTM | ₹6.5 Cr | TTM-Standalone Results |
Price/Earnings | 35.41x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KALYANI FORGE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹229.8 Cr] as on Nov 29,2024
(/) Earnings [ ₹6.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 35.41x ]
Thus, for KALYANI FORGE , the investors are currently willing to pay 35.41 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 KALYANI FORGE !
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 KALYANI FORGE over the last five years.
Historical PE (Price/Earnings) ratio chart of KALYANI FORGE
PE Ratio Performance Analysis for KALYANI FORGE
- KALYANI FORGE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.75x.
- KALYANI FORGE '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, KALYANI FORGE 's p/e ratio peaked in Mar2024 at 32.49x.
- KALYANI FORGE 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does KALYANI FORGE 's P/E Ratio benchmark against top 10 peers in Forgings Industry?
Peer Comparison (Forgings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
KALYANI FORGE | 6.49 | 35.41 | 229.8 |
BHARAT FORGE LTD | 897.07 | 69.12 | 62,002.4 |
CIE AUTOMOTIVE INDIA LTD | 582.01 | 31.29 | 18,211.3 |
RAMKRISHNA FORGINGS LTD | 370.85 | 47.16 | 17,490.5 |
MM FORGINGS LTD | 131.64 | 18.39 | 2,421.6 |
LGB FORGE LTD | -5.09 | -48.12 | 244.9 |
HILTON METAL FORGING LTD | 3.86 | 55.86 | 215.5 |
SAMRAT FORGINGS LTD | 3.97 | 43.94 | 174.4 |
TIRUPATI FORGE LTD | 9.23 | 52.80 | 487.1 |
GANGA FORGING LTD | 0.68 | 140.91 | 96.4 |
Forgings Industry Benchmark (Top 10) PE Analysis vs KALYANI FORGE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -48.12x |
Max industry PE | 140.91x |
Median industry PE | 47.16x |
Average industry PE | 44.68x |
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