RAMKRISHNA FORGINGS
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The Current P/E Ratio of RAMKRISHNA FORGINGS is 24.01.
Share Price | ₹565.5 | Aug 14,2025 |
Market Cap | ₹10,246.9 Cr | |
Earnings-TTM | ₹426.8 Cr | TTM-Consolidated Results |
Price/Earnings | 24.01x | Calculated as Market Cap/Earnings |
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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 [ ₹10,246.9 Cr] as on Aug 14,2025
(/) Earnings [ ₹426.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.01x ]
Thus, for RAMKRISHNA FORGINGS , the investors are currently willing to pay 24.01 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 | 426.77 | 24.01 | 10,246.9 |
BHARAT FORGE LTD | 1,030.28 | 54.78 | 56,438.4 |
CIE AUTOMOTIVE INDIA LTD | 585.05 | 25.63 | 14,994.3 |
HAPPY FORGINGS LTD | 269.24 | 33.08 | 8,905.8 |
MM FORGINGS LTD | 110.89 | 12.98 | 1,439.3 |
TIRUPATI FORGE LTD | 6.66 | 66.65 | 444.1 |
LGB FORGE LTD | -0.83 | -286.88 | 237.3 |
KALYANI FORGE LTD | 9.38 | 27.18 | 254.8 |
HILTON METAL FORGING LTD | 6.18 | 24.93 | 154.0 |
SAMRAT FORGINGS LTD | 4.81 | 28.90 | 139.0 |
Forgings Industry Benchmark (Top 10) PE Analysis vs RAMKRISHNA FORGINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -286.88x |
Max industry PE | 66.65x |
Median industry PE | 27.18x |
Average industry PE | 1.12x |
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