RAMKRISHNA FORGINGS
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The Current P/E Ratio of RAMKRISHNA FORGINGS is 36.47.
Share Price | ₹771.9 | Apr 02,2025 |
Market Cap | ₹13,986.8 Cr | |
Earnings-TTM | ₹383.6 Cr | TTM-Consolidated Results |
Price/Earnings | 36.47x | 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 [ ₹13,986.8 Cr] as on Apr 02,2025
(/) Earnings [ ₹383.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 36.47x ]
Thus, for RAMKRISHNA FORGINGS , the investors are currently willing to pay 36.47 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 | 383.57 | 36.47 | 13,986.8 |
BHARAT FORGE LTD | 858.64 | 64.16 | 55,092.5 |
CIE AUTOMOTIVE INDIA LTD | 583.41 | 25.63 | 14,952.6 |
HAPPY FORGINGS LTD | 265.50 | 28.35 | 7,526.2 |
MM FORGINGS LTD | 124.73 | 13.32 | 1,661.1 |
TIRUPATI FORGE LTD | 8.49 | 52.54 | 445.8 |
LGB FORGE LTD | -3.29 | -68.12 | 223.9 |
KALYANI FORGE LTD | 6.80 | 27.58 | 187.4 |
HILTON METAL FORGING LTD | 2.20 | 89.25 | 196.5 |
SAMRAT FORGINGS LTD | 5.02 | 30.90 | 155.0 |
Forgings Industry Benchmark (Top 10) PE Analysis vs RAMKRISHNA FORGINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -68.12x |
Max industry PE | 89.25x |
Median industry PE | 30.90x |
Average industry PE | 30.01x |
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