FORBES & COMPANY
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The Current P/E Ratio of FORBES & COMPANY is 27.17.
| Share Price | ₹311.1 | Sep 10,2026 |
| Market Cap | ₹401.3 Cr | |
| Earnings-TTM | ₹14.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 27.17x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of FORBES & COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹401.3 Cr] as on Sep 10,2026
(/) Earnings [ ₹14.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 27.17x ]
Thus, for FORBES & COMPANY , the investors are currently willing to pay 27.17 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 FORBES & COMPANY !
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 FORBES & COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of FORBES & COMPANY
PE Ratio Performance Analysis for FORBES & COMPANY
- FORBES & COMPANY 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 7.51x.
- FORBES & COMPANY 's operated at median p/e ratio of 3.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FORBES & COMPANY 's p/e ratio peaked in Mar2026 at 30.44x.
- FORBES & COMPANY 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does FORBES & COMPANY '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 |
|---|---|---|---|
| FORBES & COMPANY | 14.77 | 27.17 | 401.3 |
| BHARAT HEAVY ELECTRICALS LTD | 2,373.63 | 63.37 | 150,425.0 |
| THERMAX LTD | 590.83 | 73.45 | 43,393.8 |
| KIRLOSKAR OIL ENGINES LTD | 534.60 | 60.03 | 32,091.5 |
| TRIVENI TURBINE LTD | 337.30 | 52.90 | 17,842.1 |
| JYOTI CNC AUTOMATION LTD | 321.72 | 70.98 | 22,834.4 |
| INOX INDIA LTD | 254.84 | 81.91 | 20,875.3 |
| AZAD ENGINEERING LTD | 139.29 | 128.58 | 17,910.1 |
| TEGA INDUSTRIES LTD | -6.53 | -1,980.35 | 12,931.7 |
| ELECON ENGINEERING COMPANY LTD | 236.06 | 39.97 | 9,434.9 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 96.94 | 107.02 | 10,374.2 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs FORBES & COMPANY 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -1,980.35x |
| Max industry PE | 128.58x |
| Median industry PE | 63.37x |
| Average industry PE | -115.91x |
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