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RAMKRISHNA FORGINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAMKRISHNA FORGINGS is 24.01.

Share Price ₹565.5Aug 14,2025
Market Cap ₹10,246.9 Cr
Earnings-TTM₹426.8 CrTTM-Consolidated Results
Price/Earnings24.01xCalculated 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 [ ₹10,246.9 Cr] as on Aug 14,2025

(/) Earnings [ ₹426.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 24.01x ]

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 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 latest p/e ratio is 24.01x.

- 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 RatioMarket Cap
RAMKRISHNA FORGINGS 426.7724.0110,246.9
BHARAT FORGE LTD1,030.2854.7856,438.4
CIE AUTOMOTIVE INDIA LTD585.0525.6314,994.3
HAPPY FORGINGS LTD269.2433.088,905.8
MM FORGINGS LTD110.8912.981,439.3
TIRUPATI FORGE LTD6.6666.65444.1
LGB FORGE LTD-0.83-286.88237.3
KALYANI FORGE LTD9.3827.18254.8
HILTON METAL FORGING LTD6.1824.93154.0
SAMRAT FORGINGS LTD4.8128.90139.0

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

Top 10 Industry PeersPE 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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