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MM FORGINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of MM FORGINGS is 14.79.

Share Price ₹373.1Jun 13,2025
Market Cap ₹1,802.1 Cr
Earnings-TTM₹121.8 CrTTM-Consolidated Results
Price/Earnings14.79xCalculated as Market Cap/Earnings
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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)

Applying the above formula, P/E ratio of MM FORGINGS is calculated as :

Current Market Cap [ ₹1,802.1 Cr] as on Jun 13,2025

(/) Earnings [ ₹121.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 14.79x ]

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 14.79 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 14.79x.

- MM FORGINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.85x.

- 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 Mar2020 of 9.56x.


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

Peer Comparison (Forgings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MM FORGINGS 121.8114.791,802.1
BHARAT FORGE LTD916.9868.2462,574.6
CIE AUTOMOTIVE INDIA LTD584.9629.5117,261.0
RAMKRISHNA FORGINGS LTD489.6324.0211,761.2
HAPPY FORGINGS LTD267.3533.258,888.4
TIRUPATI FORGE LTD7.8662.64492.2
LGB FORGE LTD-1.23-232.17284.4
KALYANI FORGE LTD8.3231.93265.6
HILTON METAL FORGING LTD6.1830.17186.4
SAMRAT FORGINGS LTD5.1028.33144.5

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

Top 10 Industry PeersPE Ratio
Min industry PE -232.17x
Max industry PE 68.24x
Median industry PE 30.17x
Average industry PE 9.07x



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