TRF
|
The Current P/E Ratio of TRF is -62.26.
| Share Price | ₹253.1 | Jul 14,2026 |
| Market Cap | ₹278.4 Cr | |
| Earnings-TTM | ₹-4.5 Cr | TTM-Consolidated Results |
| Price/Earnings | -62.26x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TRF
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹278.4 Cr] as on Jul 14,2026
(/) Earnings [ ₹-4.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -62.26x ]
Thus, for TRF , the investors are currently willing to pay -62.26 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 TRF !
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 TRF over the last five years.
Historical PE (Price/Earnings) ratio chart of TRF
PE Ratio Performance Analysis for TRF
- TRF 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 5.97x.
- TRF 's operated at median p/e ratio of 1.99x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TRF 's p/e ratio peaked in Mar2025 at 15.01x.
- TRF 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does TRF 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
| Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| TRF | -4.47 | -62.26 | 278.4 |
| BHARAT HEAVY ELECTRICALS LTD | 1,539.21 | 91.38 | 140,658.0 |
| THERMAX LTD | 720.67 | 72.51 | 52,252.4 |
| KIRLOSKAR OIL ENGINES LTD | 557.72 | 61.63 | 34,370.8 |
| TRIVENI TURBINE LTD | 350.70 | 55.08 | 19,316.9 |
| JYOTI CNC AUTOMATION LTD | 336.00 | 52.97 | 17,798.1 |
| INOX INDIA LTD | 257.89 | 65.05 | 16,775.8 |
| AZAD ENGINEERING LTD | 133.56 | 115.80 | 15,467.0 |
| TEGA INDUSTRIES LTD | 136.58 | 91.79 | 12,536.9 |
| ELECON ENGINEERING COMPANY LTD | 236.06 | 46.29 | 10,927.2 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 76.47 | 105.25 | 8,048.1 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs TRF 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -62.26x |
| Max industry PE | 115.80x |
| Median industry PE | 65.05x |
| Average industry PE | 63.23x |
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