Home > PE Ratio > KALYANI FORGE

KALYANI FORGE
PE (Price/Earnings) Ratio

The Current P/E Ratio of KALYANI FORGE is 33.94.

Share Price ₹434.3Apr 26,2024
Market Cap ₹156.3 Cr
Earnings-TTM₹4.6 CrTTM-Standalone Results
Price/Earnings33.94xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for KALYANI FORGE
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of KALYANI FORGE

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 KALYANI FORGE is calculated as :

Current Market Cap [ ₹156.3 Cr] as on Apr 26,2024

(/) Earnings [ ₹4.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 33.94x ]

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

Thus, for KALYANI FORGE , the investors are currently willing to pay 33.94 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 KALYANI FORGE !

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 KALYANI FORGE over the last five years.

Historical PE (Price/Earnings) ratio chart of KALYANI FORGE


PE Ratio Performance Analysis for KALYANI FORGE

- KALYANI FORGE 's latest p/e ratio is 33.94x.

- KALYANI FORGE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.66x.

- KALYANI FORGE 's operated at median p/e ratio of 14.63x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KALYANI FORGE 's p/e ratio peaked in Mar2023 at 22.38x.

- KALYANI FORGE 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does KALYANI FORGE 's P/E Ratio benchmark against top 10 peers in Forgings Industry?

Peer Comparison (Forgings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
KALYANI FORGE 4.6133.94156.3
BHARAT FORGE LTD806.5375.6561,010.7
CIE AUTOMOTIVE INDIA LTD562.3433.0418,581.2
RAMKRISHNA FORGINGS LTD316.5443.5513,785.0
MM FORGINGS LTD127.9221.482,747.6
LGB FORGE LTD-8.31-29.90248.5
HILTON METAL FORGING LTD8.6328.67247.3
SAMRAT FORGINGS LTD3.4048.78166.0
TIRUPATI FORGE LTD6.8626.64182.8
GANGA FORGING LTD1.9457.72112.0

Forgings Industry Benchmark (Top 10) PE Analysis vs KALYANI FORGE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -29.90x
Max industry PE 75.65x
Median industry PE 33.94x
Average industry PE 33.96x



You may also like the below Video Courses