MM FORGINGS
|
The Current P/E Ratio of MM FORGINGS is 21.74.
| Share Price | ₹622.5 | Nov 11,2026 |
| Market Cap | ₹3,006.4 Cr | |
| Earnings-TTM | ₹138.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 21.74x | 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 [ ₹3,006.4 Cr] as on Nov 11,2026
(/) Earnings [ ₹138.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 21.74x ]
Thus, for MM FORGINGS , the investors are currently willing to pay 21.74 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 Mar2026 to Mar2022 averaged 15.47x.
- 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 Mar2022 at 22.46x.
- 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 | 138.27 | 21.74 | 3,006.4 |
| BHARAT FORGE LTD | 717.16 | 118.84 | 85,224.2 |
| HAPPY FORGINGS LTD | 351.47 | 48.63 | 17,093.7 |
| RAMKRISHNA FORGINGS LTD | 194.61 | 72.90 | 14,187.8 |
| BALU FORGE INDUSTRIES LTD | 267.96 | 24.20 | 6,484.2 |
| TIRUPATI FORGE LTD | 8.89 | 98.76 | 877.5 |
| KALYANI FORGE LTD | 12.40 | 26.40 | 327.4 |
| LGB FORGE LTD | 7.20 | 17.23 | 124.1 |
| HILTON METAL FORGING LTD | 5.10 | 15.68 | 80.0 |
Forgings Industry Benchmark (Top 10) PE Analysis vs MM FORGINGS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 15.68x |
| Max industry PE | 118.84x |
| Median industry PE | 26.40x |
| Average industry PE | 49.38x |
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