FORBES & COMPANY
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The Current P/E Ratio of FORBES & COMPANY is 19.81.
| Share Price | ₹374.5 | Feb 09,2026 |
| Market Cap | ₹483.1 Cr | |
| Earnings-TTM | ₹24.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 19.81x | 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 [ ₹483.1 Cr] as on Feb 09,2026
(/) Earnings [ ₹24.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.81x ]
Thus, for FORBES & COMPANY , the investors are currently willing to pay 19.81 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 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 | 24.39 | 19.81 | 483.1 |
| BHARAT HEAVY ELECTRICALS LTD | 760.05 | 125.80 | 95,617.5 |
| THERMAX LTD | 681.12 | 50.62 | 34,477.9 |
| JYOTI CNC AUTOMATION LTD | 346.13 | 56.47 | 19,545.9 |
| TRIVENI TURBINE LTD | 343.10 | 46.58 | 15,981.9 |
| KIRLOSKAR BROTHERS LTD | 380.50 | 33.80 | 12,859.5 |
| ELECON ENGINEERING COMPANY LTD | 478.54 | 22.50 | 10,767.8 |
| PRAJ INDUSTRIES LTD | 105.54 | 51.47 | 5,432.6 |
| KIRLOSKAR OIL ENGINES LTD | 487.82 | 36.35 | 17,730.1 |
| TEGA INDUSTRIES LTD | 230.77 | 58.49 | 13,497.4 |
| SHRIRAM PISTONS & RINGS LTD | 554.24 | 24.29 | 13,463.6 |
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 | 19.81x |
| Max industry PE | 125.80x |
| Median industry PE | 46.58x |
| Average industry PE | 47.83x |
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