MM FORGINGS
|
The Current P/E Ratio of MM FORGINGS is 22.51.
| Share Price | ₹403.6 | Apr 01,2026 |
| Market Cap | ₹1,949.1 Cr | |
| Earnings-TTM | ₹86.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 22.51x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of MM FORGINGS
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)
Current Market Cap [ ₹1,949.1 Cr] as on Apr 01,2026
(/) Earnings [ ₹86.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.51x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for MM FORGINGS , the investors are currently willing to pay 22.51 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.
Thus, for MM FORGINGS , the investors are currently willing to pay 22.51 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 latest p/e ratio is 22.51x.
- 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.
- 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 | 86.61 | 22.51 | 1,949.1 |
| BHARAT FORGE LTD | 1,149.49 | 69.39 | 79,764.3 |
| CIE AUTOMOTIVE INDIA LTD | 616.93 | 27.99 | 17,264.8 |
| RAMKRISHNA FORGINGS LTD | 228.62 | 40.05 | 9,156.1 |
| HAPPY FORGINGS LTD | 285.69 | 39.16 | 11,187.6 |
| TIRUPATI FORGE LTD | 6.07 | 87.02 | 528.2 |
| LGB FORGE LTD | -2.11 | -65.78 | 138.9 |
| KALYANI FORGE LTD | 5.67 | 38.27 | 216.8 |
| HILTON METAL FORGING LTD | 7.83 | 16.78 | 131.4 |
| SAMRAT FORGINGS LTD | 4.07 | 21.84 | 89.0 |
Forgings Industry Benchmark (Top 10) PE Analysis vs MM FORGINGS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -65.78x |
| Max industry PE | 87.02x |
| Median industry PE | 38.27x |
| Average industry PE | 29.72x |
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