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Bharat Forge (NSE:BHARATFORG) 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 .
Bharat Forge Forward PE Ratio Related Terms
Bharat Forge Forward PE Ratio Historical Data
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The historical data trend for Bharat Forge'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.
Bharat Forge Forward PE Ratio Chart
Bharat Forge Annual Data
Trend
2018-03
2019-03
2020-03
2023-03
2024-03
2025-03
2026-03
Forward PE Ratio
25.77
16.92
15.22
22.37
32.36
33.99
45.68
Bharat Forge Quarterly Data
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2022-06
2022-09
2022-12
2023-03
2023-12
2024-03
2024-06
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
25.77
22.03
23.26
15.82
16.92
15.70
17.70
16.92
15.22
24.10
25.97
24.57
22.37
34.84
32.36
48.08
32.74
33.99
45.69
43.91
40.50
45.68
57.73
NSE:BHARATFORG vs ORLY, AZO: Forward PE Ratio Comparison
For the Auto Parts subindustry, Bharat Forge'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.
Bharat Forge Forward PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Bharat Forge's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Bharat Forge'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.
Bharat Forge (NSE:BHARATFORG) has a Forward PE Ratio of 58.48 as of Aug. 14, 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 Bharat Forge and its competitors. According to the industry distribution chart, Bharat Forge ranks #562 out of 599 companies in the Vehicles & Parts industry, placing it in the top 93.8%.
Is Bharat Forge's Forward PE Ratio too high?
Bharat Forge's current Forward PE Ratio is 58.48. The Vehicles & Parts industry median Forward PE Ratio is 13.68. Bharat Forge's value of 58.48 is 327.5% above this industry median. Based on the distribution chart, Bharat Forge ranks #562 out of 599 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Bharat Forge has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Forge's Forward PE Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Bharat Forge ranks #562 out of 599 companies for Forward PE Ratio. This places Bharat Forge in the lower half of its industry. The industry median Forward PE Ratio is 13.68. Bharat Forge's value of 58.48 is 327.5% 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 a Vehicles & Parts company?
The median Forward PE Ratio among Vehicles & Parts companies is 13.68, based on 599 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. Bharat Forge's current Forward PE Ratio of 58.48 is 327.5% 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 Bharat Forge and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 13.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Forge's current Forward PE Ratio is 58.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Forge stock overvalued right now?
Based on GuruFocus' analysis, Bharat Forge (NSE:BHARATFORG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,553.93, compared to a current price of ₹2,065.00 — trading 32.9% above its estimated fair value. The current Forward PE Ratio is 58.48 and 327.5% above the Vehicles & Parts industry median of 13.68. Bharat Forge's overall GF Score™ is 83/100 with 6 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 Bharat Forge (NSE:BHARATFORG), the current Forward PE Ratio is 58.48 as of Aug. 14, 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 Bharat Forge (NSE:BHARATFORG) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Forge stock appears to be overvalued.
The current stock price of ₹2,065.00 is trading 32.9% above its estimated GF Value™ of ₹1,553.93.
GuruFocus considers Bharat Forge to be Significantly Overvalued.
Key valuation signals for NSE:BHARATFORG:
Forward PE Ratio: 58.48
GF Value™: ₹1,553.93 vs. price of ₹2,065.00 (32.9% above fair value)
Industry Position: 327.5% above the Vehicles & Parts median (#562 of 599)
No single metric tells the full story. See the NSE:BHARATFORG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Forge Ltd is an Indian multinational engaged in metal forging across different industries. The company has the following business units: automotive, power, oil and gas, construction and mining, rail, marine and aerospace. The automotive unit offers products including powertrain components, machines crankshafts, connecting rods, and piston. The Power business unit manufactures components for thermal, wind, hydro and nuclear applications. The Company divides its business into three reporting segments: "Forgings", "Defense", and "Others". The Forgings segment focuses on manufacturing forged components, while the Defense segment centers around defense-related activities. The "Others" segment encompasses all other businesses not covered by Forgings and Defense.
83GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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