FORBES & COMPANY
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The Current P/E Ratio of FORBES & COMPANY is 24.81.
| Share Price | ₹284.1 | Aug 17,2026 |
| Market Cap | ₹366.4 Cr | |
| Earnings-TTM | ₹14.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 24.81x | 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 [ ₹366.4 Cr] as on Aug 17,2026
(/) Earnings [ ₹14.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.81x ]
Thus, for FORBES & COMPANY , the investors are currently willing to pay 24.81 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 | 24.81 | 366.4 |
| BHARAT HEAVY ELECTRICALS LTD | 2,373.63 | 63.81 | 151,470.0 |
| THERMAX LTD | 590.83 | 83.58 | 49,384.3 |
| KIRLOSKAR OIL ENGINES LTD | 534.60 | 57.18 | 30,569.4 |
| TRIVENI TURBINE LTD | 337.30 | 56.37 | 19,013.3 |
| JYOTI CNC AUTOMATION LTD | 321.72 | 60.63 | 19,507.2 |
| INOX INDIA LTD | 254.84 | 69.45 | 17,699.3 |
| AZAD ENGINEERING LTD | 139.29 | 134.81 | 18,777.5 |
| TEGA INDUSTRIES LTD | -6.53 | -2,002.85 | 13,078.6 |
| ELECON ENGINEERING COMPANY LTD | 236.06 | 41.66 | 9,834.3 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 96.94 | 103.98 | 10,080.3 |
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 | -2,002.85x |
| Max industry PE | 134.81x |
| Median industry PE | 60.63x |
| Average industry PE | -118.78x |
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