RAMKRISHNA FORGINGS
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The Current P/E Ratio of RAMKRISHNA FORGINGS is 24.10.
Share Price | ₹651.4 | Jul 16,2025 |
Market Cap | ₹11,802.5 Cr | |
Earnings-TTM | ₹489.6 Cr | TTM-Consolidated Results |
Price/Earnings | 24.10x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAMKRISHNA FORGINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹11,802.5 Cr] as on Jul 16,2025
(/) Earnings [ ₹489.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.10x ]
Thus, for RAMKRISHNA FORGINGS , the investors are currently willing to pay 24.10 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 RAMKRISHNA 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 RAMKRISHNA FORGINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of RAMKRISHNA FORGINGS
PE Ratio Performance Analysis for RAMKRISHNA FORGINGS
- RAMKRISHNA FORGINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.83x.
- RAMKRISHNA FORGINGS 's operated at median p/e ratio of 16.15x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAMKRISHNA FORGINGS 's p/e ratio peaked in Mar2024 at 36.59x.
- RAMKRISHNA FORGINGS 's p/e ratio hit its five-year low in Mar2020 of 10.22x.
How does RAMKRISHNA FORGINGS 's P/E Ratio benchmark against top 10 peers in Forgings Industry?
Peer Comparison (Forgings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RAMKRISHNA FORGINGS | 489.63 | 24.10 | 11,802.5 |
BHARAT FORGE LTD | 916.98 | 64.21 | 58,883.8 |
CIE AUTOMOTIVE INDIA LTD | 584.96 | 28.30 | 16,553.5 |
HAPPY FORGINGS LTD | 267.35 | 33.16 | 8,864.8 |
MM FORGINGS LTD | 121.81 | 14.85 | 1,809.1 |
TIRUPATI FORGE LTD | 7.86 | 65.06 | 511.2 |
LGB FORGE LTD | -1.23 | -213.31 | 261.3 |
KALYANI FORGE LTD | 8.32 | 32.38 | 269.3 |
HILTON METAL FORGING LTD | 6.18 | 27.75 | 171.4 |
SAMRAT FORGINGS LTD | 5.10 | 34.29 | 174.9 |
Forgings Industry Benchmark (Top 10) PE Analysis vs RAMKRISHNA FORGINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -213.31x |
Max industry PE | 65.06x |
Median industry PE | 32.38x |
Average industry PE | 11.08x |
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