FORBES & COMPANY
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The Current P/E Ratio of FORBES & COMPANY is 20.33.
Share Price | ₹461.0 | Jul 18,2025 |
Market Cap | ₹594.7 Cr | |
Earnings-TTM | ₹29.3 Cr | TTM-Consolidated Results |
Price/Earnings | 20.33x | 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 [ ₹594.7 Cr] as on Jul 18,2025
(/) Earnings [ ₹29.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.33x ]
Thus, for FORBES & COMPANY , the investors are currently willing to pay 20.33 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 Mar2025 to Mar2021 averaged 1.43x.
- FORBES & COMPANY 's operated at median p/e ratio of 0.13x 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 | 20.33 | 594.7 |
BHARAT HEAVY ELECTRICALS LTD | 474.89 | 183.68 | 87,225.7 |
THERMAX LTD | 626.94 | 73.88 | 46,321.4 |
JYOTI CNC AUTOMATION LTD | 316.01 | 73.50 | 23,227.9 |
TRIVENI TURBINE LTD | 358.50 | 59.20 | 21,221.5 |
KIRLOSKAR BROTHERS LTD | 403.30 | 41.86 | 16,881.5 |
ELECON ENGINEERING COMPANY LTD | 510.90 | 26.40 | 13,485.3 |
PRAJ INDUSTRIES LTD | 218.93 | 41.92 | 9,177.8 |
KIRLOSKAR OIL ENGINES LTD | 475.09 | 28.09 | 13,347.5 |
TEGA INDUSTRIES LTD | 195.65 | 65.99 | 12,910.2 |
SHRIRAM PISTONS & RINGS LTD | 515.56 | 20.87 | 10,758.7 |
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 | 20.33x |
Max industry PE | 183.68x |
Median industry PE | 41.92x |
Average industry PE | 57.79x |
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