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TIRUPATI FORGE
PE (Price/Earnings) Ratio

The Current P/E Ratio of TIRUPATI FORGE is 57.97.

Share Price ₹34.0Apr 25,2025
Market Cap ₹491.8 Cr
Earnings-TTM₹8.5 CrTTM-Standalone Results
Price/Earnings57.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TIRUPATI FORGE

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 TIRUPATI FORGE is calculated as :

Current Market Cap [ ₹491.8 Cr] as on Apr 25,2025

(/) Earnings [ ₹8.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 57.97x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for TIRUPATI FORGE , the investors are currently willing to pay 57.97 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 TIRUPATI FORGE !

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 TIRUPATI FORGE over the last five years.

Historical PE (Price/Earnings) ratio chart of TIRUPATI FORGE


PE Ratio Performance Analysis for TIRUPATI FORGE

- TIRUPATI FORGE 's latest p/e ratio is 57.97x.

- TIRUPATI FORGE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 14.28x.

- TIRUPATI FORGE 's operated at median p/e ratio of 11.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TIRUPATI FORGE 's p/e ratio peaked in Mar2024 at 25.21x.

- TIRUPATI FORGE 's p/e ratio hit its five-year low in Mar2021 of 8.42x.


How does TIRUPATI FORGE 's P/E Ratio benchmark against top 10 peers in Forgings Industry?

Peer Comparison (Forgings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TIRUPATI FORGE 8.4957.97491.8
BHARAT FORGE LTD858.6460.5752,011.3
CIE AUTOMOTIVE INDIA LTD583.4126.6115,523.5
RAMKRISHNA FORGINGS LTD383.5731.0111,893.2
HAPPY FORGINGS LTD265.5027.927,413.1
MM FORGINGS LTD124.7313.301,659.0
LGB FORGE LTD-3.29-78.77258.9
KALYANI FORGE LTD6.8029.02197.2
HILTON METAL FORGING LTD2.2074.76164.6
SAMRAT FORGINGS LTD5.0228.51143.0

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

Top 10 Industry PeersPE Ratio
Min industry PE -78.77x
Max industry PE 74.76x
Median industry PE 29.02x
Average industry PE 27.09x



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