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KIRLOSKAR FERROUS INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of KIRLOSKAR FERROUS INDUSTRIES is 36.24.

Share Price ₹595.4Nov 19,2024
Market Cap ₹9,800.3 Cr
Earnings-TTM₹270.5 CrTTM-Consolidated Results
Price/Earnings36.24xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KIRLOSKAR FERROUS INDUSTRIES

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 KIRLOSKAR FERROUS INDUSTRIES is calculated as :

Current Market Cap [ ₹9,800.3 Cr] as on Nov 19,2024

(/) Earnings [ ₹270.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 36.24x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for KIRLOSKAR FERROUS INDUSTRIES , the investors are currently willing to pay 36.24 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 KIRLOSKAR FERROUS INDUSTRIES !

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 KIRLOSKAR FERROUS INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of KIRLOSKAR FERROUS INDUSTRIES


PE Ratio Performance Analysis for KIRLOSKAR FERROUS INDUSTRIES

- KIRLOSKAR FERROUS INDUSTRIES 's latest p/e ratio is 36.24x.

- KIRLOSKAR FERROUS INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 18.68x.

- KIRLOSKAR FERROUS INDUSTRIES 's operated at median p/e ratio of 17.43x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, KIRLOSKAR FERROUS INDUSTRIES 's p/e ratio peaked in Mar2024 at 30.04x.

- KIRLOSKAR FERROUS INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 8.58x.


How does KIRLOSKAR FERROUS INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?

Peer Comparison (Castings/Forgings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
KIRLOSKAR FERROUS INDUSTRIES 270.4536.249,800.3
AIA ENGINEERING LTD1,052.8430.2031,798.0
PTC INDUSTRIES LTD45.00396.9517,863.1
ELECTROSTEEL CASTINGS LTD871.8210.218,901.9
ALICON CASTALLOY LTD73.1325.191,842.4
STEELCAST LTD62.3524.331,517.0
NELCAST LTD48.3720.09971.8
UNI ABEX ALLOY PRODUCTS LTD29.5419.92588.4
SYNERGY GREEN INDUSTRIES LTD12.9845.14585.9
NITIN CASTINGS LTD13.4726.89362.4
INVESTMENT & PRECISION CASTINGS LTD5.8069.09400.5

Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs KIRLOSKAR FERROUS INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.21x
Max industry PE 396.95x
Median industry PE 26.89x
Average industry PE 64.02x



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