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Triveni Turbine (BOM:533655) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Triveni Turbine Forward PE Ratio Related Terms
Triveni Turbine Forward PE Ratio Historical Data
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The historical data trend for Triveni Turbine's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Triveni Turbine Forward PE Ratio Chart
Triveni Turbine Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
39.61
33.20
Triveni Turbine Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
51.75
39.61
45.88
42.46
37.83
33.20
50.05
BOM:533655 vs GEV, ETN, PH: Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, Triveni Turbine's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Triveni Turbine Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Triveni Turbine's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Triveni Turbine's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Triveni Turbine (BOM:533655) has a Forward PE Ratio of 47.78 as of Sep. 21, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Triveni Turbine and its competitors. According to the industry distribution chart, Triveni Turbine ranks #1154 out of 1301 companies in the Industrial Products industry, placing it in the top 88.7%.
Is Triveni Turbine's Forward PE Ratio too high?
Triveni Turbine's current Forward PE Ratio is 47.78. The Industrial Products industry median Forward PE Ratio is 16.96. Triveni Turbine's value of 47.78 is 181.7% above this industry median. Based on the distribution chart, Triveni Turbine ranks #1154 out of 1301 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Triveni Turbine has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Triveni Turbine's Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Triveni Turbine ranks #1154 out of 1301 companies for Forward PE Ratio. This places Triveni Turbine in the lower half of its industry. The industry median Forward PE Ratio is 16.96. Triveni Turbine's value of 47.78 is 181.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 16.96, based on 1,301 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Triveni Turbine's current Forward PE Ratio of 47.78 is 181.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Triveni Turbine and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 16.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triveni Turbine's current Forward PE Ratio is 47.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triveni Turbine stock overvalued right now?
Based on GuruFocus' analysis, Triveni Turbine (BOM:533655) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹678.84, compared to a current price of ₹568.80 — trading 16.2% below its estimated fair value. The current Forward PE Ratio is 47.78 and 181.7% above the Industrial Products industry median of 16.96. Triveni Turbine's overall GF Score™ is 97/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Triveni Turbine (BOM:533655), the current Forward PE Ratio is 47.78 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Triveni Turbine (BOM:533655) Overvalued in 2026?
Based on GuruFocus' analysis, Triveni Turbine stock appears to be undervalued.
The current stock price of ₹568.80 is trading 16.2% below its estimated GF Value™ of ₹678.84.
GuruFocus considers Triveni Turbine to be Modestly Undervalued.
Key valuation signals for BOM:533655:
Forward PE Ratio: 47.78
GF Value™: ₹678.84 vs. price of ₹568.80 (16.2% below fair value)
Industry Position: 181.7% above the Industrial Products median (#1154 of 1301)
No single metric tells the full story. See the BOM:533655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the globalised industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.
97GF Score
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