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RAMKRISHNA FORGINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAMKRISHNA FORGINGS is 43.96.

Share Price ₹554.7Mar 02,2026
Market Cap ₹10,051.2 Cr
Earnings-TTM₹228.6 CrTTM-Consolidated Results
Price/Earnings43.96xCalculated 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 [ ₹10,051.2 Cr] as on Mar 02,2026

(/) Earnings [ ₹228.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 43.96x ]

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 43.96 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 43.96x.

- 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 228.6243.9610,051.2
BHARAT FORGE LTD1,149.4978.2089,892.6
CIE AUTOMOTIVE INDIA LTD616.9328.7417,727.6
HAPPY FORGINGS LTD285.6942.6412,180.6
MM FORGINGS LTD86.6125.122,175.8
TIRUPATI FORGE LTD6.0778.19474.6
LGB FORGE LTD-2.11-75.49159.4
KALYANI FORGE LTD5.6739.87225.9
HILTON METAL FORGING LTD7.8312.4397.4
SAMRAT FORGINGS LTD4.0723.2094.5

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

Top 10 Industry PeersPE Ratio
Min industry PE -75.49x
Max industry PE 78.20x
Median industry PE 39.87x
Average industry PE 29.69x



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