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RAMKRISHNA FORGINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAMKRISHNA FORGINGS is 113.16.

Share Price ₹737.2Aug 21,2026
Market Cap ₹13,430.9 Cr
Earnings-TTM₹118.7 CrTTM-Consolidated Results
Price/Earnings113.16xCalculated 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 [ ₹13,430.9 Cr] as on Aug 21,2026

(/) Earnings [ ₹118.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 113.16x ]

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 113.16 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 113.16x.

- 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 118.69113.1613,430.9
BHARAT FORGE LTD733.06134.4898,581.9
HAPPY FORGINGS LTD327.4063.7120,860.1
BALU FORGE INDUSTRIES LTD267.9625.236,761.5
MM FORGINGS LTD113.1027.903,155.4
TIRUPATI FORGE LTD0.66105.48905.3
KALYANI FORGE LTD22.8630.44253.2
LGB FORGE LTD-0.09-64.67138.6
HILTON METAL FORGING LTD2.647.68104.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -64.67x
Max industry PE 134.48x
Median industry PE 30.44x
Average industry PE 49.27x



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