KALYANI FORGE
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The Current P/E Ratio of KALYANI FORGE is 33.94.
Share Price | ₹434.3 | Apr 26,2024 |
Market Cap | ₹156.3 Cr | |
Earnings-TTM | ₹4.6 Cr | TTM-Standalone Results |
Price/Earnings | 33.94x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KALYANI FORGE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
KALYANI FORGE | 4.61 | 33.94 | 156.3 |
BHARAT FORGE LTD | 806.53 | 75.65 | 61,010.7 |
CIE AUTOMOTIVE INDIA LTD | 562.34 | 33.04 | 18,581.2 |
RAMKRISHNA FORGINGS LTD | 316.54 | 43.55 | 13,785.0 |
MM FORGINGS LTD | 127.92 | 21.48 | 2,747.6 |
LGB FORGE LTD | -8.31 | -29.90 | 248.5 |
HILTON METAL FORGING LTD | 8.63 | 28.67 | 247.3 |
SAMRAT FORGINGS LTD | 3.40 | 48.78 | 166.0 |
TIRUPATI FORGE LTD | 6.86 | 26.64 | 182.8 |
GANGA FORGING LTD | 1.94 | 57.72 | 112.0 |
Forgings Industry Benchmark (Top 10) PE Analysis vs KALYANI FORGE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -29.90x |
Max industry PE | 75.65x |
Median industry PE | 33.94x |
Average industry PE | 33.96x |
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