RAMKRISHNA FORGINGS
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The Current P/E Ratio of RAMKRISHNA FORGINGS is 46.98.
Share Price | ₹962.6 | Dec 03,2024 |
Market Cap | ₹17,422.2 Cr | |
Earnings-TTM | ₹370.8 Cr | TTM-Consolidated Results |
Price/Earnings | 46.98x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAMKRISHNA FORGINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹17,422.2 Cr] as on Dec 03,2024
(/) Earnings [ ₹370.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 46.98x ]
Thus, for RAMKRISHNA FORGINGS , the investors are currently willing to pay 46.98 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 RAMKRISHNA FORGINGS !
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 RAMKRISHNA FORGINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of RAMKRISHNA FORGINGS
PE Ratio Performance Analysis for RAMKRISHNA FORGINGS
- RAMKRISHNA FORGINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.83x.
- RAMKRISHNA FORGINGS 's operated at median p/e ratio of 16.15x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAMKRISHNA FORGINGS 's p/e ratio peaked in Mar2024 at 36.59x.
- RAMKRISHNA FORGINGS 's p/e ratio hit its five-year low in Mar2020 of 10.22x.
How does RAMKRISHNA FORGINGS 's P/E Ratio benchmark against top 10 peers in Forgings Industry?
Peer Comparison (Forgings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RAMKRISHNA FORGINGS | 370.85 | 46.98 | 17,422.2 |
BHARAT FORGE LTD | 897.07 | 70.06 | 62,849.8 |
CIE AUTOMOTIVE INDIA LTD | 582.01 | 31.30 | 18,217.0 |
MM FORGINGS LTD | 131.64 | 18.49 | 2,434.6 |
LGB FORGE LTD | -5.09 | -50.41 | 256.5 |
HILTON METAL FORGING LTD | 3.86 | 58.64 | 226.2 |
KALYANI FORGE LTD | 6.49 | 34.74 | 225.5 |
SAMRAT FORGINGS LTD | 3.97 | 44.03 | 174.8 |
TIRUPATI FORGE LTD | 9.23 | 54.91 | 506.6 |
GANGA FORGING LTD | 0.68 | 140.32 | 96.0 |
Forgings Industry Benchmark (Top 10) PE Analysis vs RAMKRISHNA FORGINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -50.41x |
Max industry PE | 140.32x |
Median industry PE | 46.98x |
Average industry PE | 44.91x |
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