FORBES & COMPANY
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The Current P/E Ratio of FORBES & COMPANY is 15.24.
Share Price | ₹345.5 | May 09,2025 |
Market Cap | ₹445.7 Cr | |
Earnings-TTM | ₹29.3 Cr | TTM-Consolidated Results |
Price/Earnings | 15.24x | Calculated as Market Cap/Earnings |
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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 [ ₹445.7 Cr] as on May 09,2025
(/) Earnings [ ₹29.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 15.24x ]
Thus, for FORBES & COMPANY , the investors are currently willing to pay 15.24 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 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 Mar2024 to Mar2020 averaged 0.81x.
- FORBES & COMPANY '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, FORBES & COMPANY 's p/e ratio peaked in Mar2023 at 3.93x.
- 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 | 29.25 | 15.24 | 445.7 |
BHARAT HEAVY ELECTRICALS LTD | 456.39 | 165.37 | 75,473.7 |
THERMAX LTD | 609.53 | 63.24 | 38,544.1 |
JYOTI CNC AUTOMATION LTD | 306.68 | 84.30 | 25,852.3 |
TRIVENI TURBINE LTD | 339.57 | 48.28 | 16,396.1 |
KIRLOSKAR BROTHERS LTD | 422.40 | 34.00 | 14,363.5 |
ELECON ENGINEERING COMPANY LTD | 406.97 | 34.29 | 13,956.5 |
PRAJ INDUSTRIES LTD | 218.93 | 37.91 | 8,299.2 |
KIRLOSKAR OIL ENGINES LTD | 494.99 | 19.65 | 9,726.7 |
TEGA INDUSTRIES LTD | 182.41 | 46.27 | 8,440.0 |
SHRIRAM PISTONS & RINGS LTD | 515.56 | 18.76 | 9,670.7 |
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 | 15.24x |
Max industry PE | 165.37x |
Median industry PE | 37.91x |
Average industry PE | 51.57x |
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