RAMKRISHNA FORGINGS
|
The Current P/E Ratio of RAMKRISHNA FORGINGS is 23.15.
Share Price | ₹625.6 | Jun 20,2025 |
Market Cap | ₹11,335.9 Cr | |
Earnings-TTM | ₹489.6 Cr | TTM-Consolidated Results |
Price/Earnings | 23.15x | Calculated as Market Cap/Earnings |
---|---|---|
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 [ ₹11,335.9 Cr] as on Jun 20,2025
(/) Earnings [ ₹489.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.15x ]
Thus, for RAMKRISHNA FORGINGS , the investors are currently willing to pay 23.15 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 | 23.15 | 11,335.9 |
BHARAT FORGE LTD | 916.98 | 66.60 | 61,073.4 |
CIE AUTOMOTIVE INDIA LTD | 584.96 | 28.89 | 16,900.6 |
HAPPY FORGINGS LTD | 267.35 | 33.93 | 9,070.3 |
MM FORGINGS LTD | 121.81 | 14.53 | 1,770.0 |
TIRUPATI FORGE LTD | 7.86 | 63.80 | 501.3 |
LGB FORGE LTD | -1.23 | -215.06 | 263.5 |
KALYANI FORGE LTD | 8.32 | 32.96 | 274.1 |
HILTON METAL FORGING LTD | 6.18 | 30.17 | 186.4 |
SAMRAT FORGINGS LTD | 5.10 | 28.43 | 145.0 |
Forgings Industry Benchmark (Top 10) PE Analysis vs RAMKRISHNA FORGINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -215.06x |
Max industry PE | 66.60x |
Median industry PE | 30.17x |
Average industry PE | 10.74x |
You may also like the below Video Courses