Home > PE Ratio > FORBES & COMPANY

FORBES & COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of FORBES & COMPANY is 20.33.

Share Price ₹384.4Feb 02,2026
Market Cap ₹495.8 Cr
Earnings-TTM₹24.4 CrTTM-Consolidated Results
Price/Earnings20.33xCalculated as Market Cap/Earnings
Explore Stock Analytics
AD     Remove this Ad
FORBES & COMPANY is part of below Screeners ↓
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of FORBES & COMPANY

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of FORBES & COMPANY is calculated as :

Current Market Cap [ ₹495.8 Cr] as on Feb 02,2026

(/) Earnings [ ₹24.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 20.33x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 20.33x.

- 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 RatioMarket Cap
FORBES & COMPANY 24.3920.33495.8
BHARAT HEAVY ELECTRICALS LTD760.05118.2289,854.6
THERMAX LTD681.1249.5133,720.0
JYOTI CNC AUTOMATION LTD346.1350.3817,438.8
TRIVENI TURBINE LTD343.0046.8216,059.8
KIRLOSKAR BROTHERS LTD375.2032.1812,072.5
ELECON ENGINEERING COMPANY LTD478.5418.849,014.2
PRAJ INDUSTRIES LTD105.5448.795,149.5
KIRLOSKAR OIL ENGINES LTD487.8234.3016,731.6
TEGA INDUSTRIES LTD230.7754.9812,686.8
SHRIRAM PISTONS & RINGS LTD554.2421.1811,738.8

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs FORBES & COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 18.84x
Max industry PE 118.22x
Median industry PE 46.82x
Average industry PE 45.05x



You may also like the below Video Courses