MM FORGINGS
|
The Current P/E Ratio of MM FORGINGS is 26.99.
| Share Price | ₹632.1 | Aug 25,2026 |
| Market Cap | ₹3,052.8 Cr | |
| Earnings-TTM | ₹113.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 26.99x | 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 [ ₹3,052.8 Cr] as on Aug 25,2026
(/) Earnings [ ₹113.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.99x ]
Thus, for MM FORGINGS , the investors are currently willing to pay 26.99 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 | 113.10 | 26.99 | 3,052.8 |
| BHARAT FORGE LTD | 733.06 | 133.70 | 98,008.2 |
| HAPPY FORGINGS LTD | 327.40 | 61.90 | 20,267.8 |
| RAMKRISHNA FORGINGS LTD | 118.69 | 110.67 | 13,134.5 |
| BALU FORGE INDUSTRIES LTD | 267.96 | 27.65 | 7,407.9 |
| TIRUPATI FORGE LTD | 6.10 | 152.32 | 929.8 |
| KALYANI FORGE LTD | 12.39 | 19.96 | 247.2 |
| LGB FORGE LTD | 7.20 | 21.00 | 151.3 |
| HILTON METAL FORGING LTD | 5.10 | 19.97 | 101.9 |
Forgings Industry Benchmark (Top 10) PE Analysis vs MM FORGINGS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 19.96x |
| Max industry PE | 152.32x |
| Median industry PE | 27.65x |
| Average industry PE | 63.80x |
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