FORBES & COMPANY
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The Current P/E Ratio of FORBES & COMPANY is 23.39.
| Share Price | ₹267.8 | Oct 30,2026 |
| Market Cap | ₹345.5 Cr | |
| Earnings-TTM | ₹14.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 23.39x | 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 [ ₹345.5 Cr] as on Oct 30,2026
(/) Earnings [ ₹14.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.39x ]
Thus, for FORBES & COMPANY , the investors are currently willing to pay 23.39 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 | 23.39 | 345.5 |
| BHARAT HEAVY ELECTRICALS LTD | 2,815.58 | 47.90 | 134,878.0 |
| THERMAX LTD | 590.83 | 62.76 | 37,083.2 |
| KIRLOSKAR OIL ENGINES LTD | 534.60 | 49.00 | 26,194.6 |
| TRIVENI TURBINE LTD | 337.30 | 44.31 | 14,944.8 |
| JYOTI CNC AUTOMATION LTD | 321.72 | 64.04 | 20,602.3 |
| INOX INDIA LTD | 254.84 | 66.38 | 16,917.5 |
| AZAD ENGINEERING LTD | 139.29 | 113.35 | 15,788.0 |
| TEGA INDUSTRIES LTD | -6.53 | -1,947.47 | 12,717.0 |
| ELECON ENGINEERING COMPANY LTD | 244.69 | 38.50 | 9,420.3 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 115.03 | 65.24 | 7,504.2 |
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 | -1,947.47x |
| Max industry PE | 113.35x |
| Median industry PE | 49.00x |
| Average industry PE | -124.78x |
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