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RAMKRISHNA FORGINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAMKRISHNA FORGINGS is 31.79.

Share Price ₹550.2Nov 28,2025
Market Cap ₹9,968.7 Cr
Earnings-TTM₹313.6 CrTTM-Consolidated Results
Price/Earnings31.79xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RAMKRISHNA 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 RAMKRISHNA FORGINGS is calculated as :

Current Market Cap [ ₹9,968.7 Cr] as on Nov 28,2025

(/) Earnings [ ₹313.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 31.79x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for RAMKRISHNA FORGINGS , the investors are currently willing to pay 31.79 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 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 latest p/e ratio is 31.79x.

- RAMKRISHNA FORGINGS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 23.52x.

- RAMKRISHNA FORGINGS 's operated at median p/e ratio of 18.45x 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 Mar2022 of 12.72x.


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

Peer Comparison (Forgings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RAMKRISHNA FORGINGS 313.6031.799,968.7
BHARAT FORGE LTD1,087.0463.0668,546.0
CIE AUTOMOTIVE INDIA LTD599.4726.0715,627.8
HAPPY FORGINGS LTD271.3035.809,712.9
MM FORGINGS LTD95.5516.521,578.8
TIRUPATI FORGE LTD5.3681.86438.8
LGB FORGE LTD-0.68-332.85225.3
KALYANI FORGE LTD7.6030.63232.8
HILTON METAL FORGING LTD6.8715.72108.0
SAMRAT FORGINGS LTD3.7537.10139.0

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

Top 10 Industry PeersPE Ratio
Min industry PE -332.85x
Max industry PE 81.86x
Median industry PE 31.79x
Average industry PE 0.57x



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