MM FORGINGS
|
The Current P/E Ratio of MM FORGINGS is 15.82.
| Share Price | ₹312.9 | Nov 21,2025 |
| Market Cap | ₹1,511.3 Cr | |
| Earnings-TTM | ₹95.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 15.82x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of MM FORGINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,511.3 Cr] as on Nov 21,2025
(/) Earnings [ ₹95.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 15.82x ]
Thus, for MM FORGINGS , the investors are currently willing to pay 15.82 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 MM FORGINGS !
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 MM FORGINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of MM FORGINGS
PE Ratio Performance Analysis for MM FORGINGS
- MM FORGINGS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 17.08x.
- MM FORGINGS 's operated at median p/e ratio of 15.72x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MM FORGINGS 's p/e ratio peaked in Mar2021 at 25.95x.
- MM FORGINGS 's p/e ratio hit its five-year low in Mar2024 of 7.79x.
How does MM FORGINGS 's P/E Ratio benchmark against top 10 peers in Forgings Industry?
| Peer Comparison (Forgings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| MM FORGINGS | 95.55 | 15.82 | 1,511.3 |
| BHARAT FORGE LTD | 1,087.04 | 62.00 | 67,391.4 |
| CIE AUTOMOTIVE INDIA LTD | 599.47 | 26.29 | 15,760.6 |
| RAMKRISHNA FORGINGS LTD | 313.60 | 30.90 | 9,690.3 |
| HAPPY FORGINGS LTD | 271.30 | 35.33 | 9,584.6 |
| TIRUPATI FORGE LTD | 5.36 | 77.36 | 414.7 |
| LGB FORGE LTD | -0.68 | -338.83 | 229.4 |
| KALYANI FORGE LTD | 7.60 | 31.93 | 242.8 |
| HILTON METAL FORGING LTD | 6.87 | 16.24 | 111.6 |
| SAMRAT FORGINGS LTD | 3.75 | 36.49 | 136.7 |
Forgings Industry Benchmark (Top 10) PE Analysis vs MM FORGINGS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -338.83x |
| Max industry PE | 77.36x |
| Median industry PE | 31.93x |
| Average industry PE | -0.65x |
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