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RAMKRISHNA FORGINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAMKRISHNA FORGINGS is 69.13.

Share Price ₹724.8Nov 05,2026
Market Cap ₹13,452.3 Cr
Earnings-TTM₹194.6 CrTTM-Consolidated Results
Price/Earnings69.13xCalculated 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 [ ₹13,452.3 Cr] as on Nov 05,2026

(/) Earnings [ ₹194.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 69.13x ]

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 69.13 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 69.13x.

- RAMKRISHNA FORGINGS 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 43.89x.

- RAMKRISHNA FORGINGS 's operated at median p/e ratio of 33.69x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAMKRISHNA FORGINGS 's p/e ratio peaked in Mar2026 at 118.01x.

- 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 194.6169.1313,452.3
BHARAT FORGE LTD717.16119.2685,532.0
HAPPY FORGINGS LTD327.4053.9617,666.2
BALU FORGE INDUSTRIES LTD267.9623.306,243.8
MM FORGINGS LTD113.1022.432,536.7
TIRUPATI FORGE LTD6.10145.17886.1
KALYANI FORGE LTD12.3927.03334.8
LGB FORGE LTD7.2016.67120.1
HILTON METAL FORGING LTD5.1015.1677.4

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

Top 10 Industry PeersPE Ratio
Min industry PE 15.16x
Max industry PE 145.17x
Median industry PE 27.03x
Average industry PE 54.68x



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