TIRUPATI FORGE
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The Current P/E Ratio of TIRUPATI FORGE is 57.97.
Share Price | ₹34.0 | Apr 25,2025 |
Market Cap | ₹491.8 Cr | |
Earnings-TTM | ₹8.5 Cr | TTM-Standalone Results |
Price/Earnings | 57.97x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TIRUPATI FORGE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
TIRUPATI FORGE | 8.49 | 57.97 | 491.8 |
BHARAT FORGE LTD | 858.64 | 60.57 | 52,011.3 |
CIE AUTOMOTIVE INDIA LTD | 583.41 | 26.61 | 15,523.5 |
RAMKRISHNA FORGINGS LTD | 383.57 | 31.01 | 11,893.2 |
HAPPY FORGINGS LTD | 265.50 | 27.92 | 7,413.1 |
MM FORGINGS LTD | 124.73 | 13.30 | 1,659.0 |
LGB FORGE LTD | -3.29 | -78.77 | 258.9 |
KALYANI FORGE LTD | 6.80 | 29.02 | 197.2 |
HILTON METAL FORGING LTD | 2.20 | 74.76 | 164.6 |
SAMRAT FORGINGS LTD | 5.02 | 28.51 | 143.0 |
Forgings Industry Benchmark (Top 10) PE Analysis vs TIRUPATI FORGE 's P/E Ratio
Top 10 Industry Peers | PE 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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