MM FORGINGS
|
The Current P/E Ratio of MM FORGINGS is 13.48.
Share Price | ₹339.9 | Aug 05,2025 |
Market Cap | ₹1,641.7 Cr | |
Earnings-TTM | ₹121.8 Cr | TTM-Consolidated Results |
Price/Earnings | 13.48x | 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 [ ₹1,641.7 Cr] as on Aug 05,2025
(/) Earnings [ ₹121.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.48x ]
Thus, for MM FORGINGS , the investors are currently willing to pay 13.48 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 | 121.81 | 13.48 | 1,641.7 |
BHARAT FORGE LTD | 916.98 | 60.55 | 55,522.8 |
CIE AUTOMOTIVE INDIA LTD | 585.05 | 26.41 | 15,449.5 |
RAMKRISHNA FORGINGS LTD | 426.77 | 24.36 | 10,398.0 |
HAPPY FORGINGS LTD | 267.35 | 34.32 | 9,176.4 |
TIRUPATI FORGE LTD | 7.86 | 58.34 | 458.3 |
LGB FORGE LTD | -1.23 | -200.67 | 245.8 |
KALYANI FORGE LTD | 8.32 | 30.59 | 254.4 |
HILTON METAL FORGING LTD | 6.18 | 23.98 | 148.1 |
SAMRAT FORGINGS LTD | 4.81 | 30.15 | 145.0 |
Forgings Industry Benchmark (Top 10) PE Analysis vs MM FORGINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -200.67x |
Max industry PE | 60.55x |
Median industry PE | 30.15x |
Average industry PE | 10.15x |
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