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Greaves Cotton (NSE:GREAVESCOT) 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 .
Greaves Cotton Forward PE Ratio Related Terms
Greaves Cotton Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Greaves Cotton'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.
Greaves Cotton Forward PE Ratio Chart
Greaves Cotton Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
29.03
14.61
Greaves Cotton Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
38.09
29.03
27.57
29.27
21.66
14.61
37.56
NSE:GREAVESCOT vs GEV, ETN, PH: Forward PE Ratio Comparison
For the Specialty Industrial Machinery subindustry, Greaves Cotton'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.
Greaves Cotton Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Greaves Cotton's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Greaves Cotton'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.
Greaves Cotton (NSE:GREAVESCOT) has a Forward PE Ratio of 34.10 as of Aug. 18, 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 Greaves Cotton and its competitors. According to the industry distribution chart, Greaves Cotton ranks #1054 out of 1292 companies in the Industrial Products industry, placing it in the top 81.6%.
Is Greaves Cotton's Forward PE Ratio too high?
Greaves Cotton's current Forward PE Ratio is 34.10. The Industrial Products industry median Forward PE Ratio is 20.23. Greaves Cotton's value of 34.10 is 68.6% above this industry median. Based on the distribution chart, Greaves Cotton ranks #1054 out of 1292 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Greaves Cotton has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greaves Cotton's Forward PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Greaves Cotton ranks #1054 out of 1292 companies for Forward PE Ratio. This places Greaves Cotton in the lower half of its industry. The industry median Forward PE Ratio is 20.23. Greaves Cotton's value of 34.10 is 68.6% 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 20.23, based on 1,292 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. Greaves Cotton's current Forward PE Ratio of 34.10 is 68.6% 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 Greaves Cotton and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 20.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greaves Cotton's current Forward PE Ratio is 34.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greaves Cotton stock overvalued right now?
Based on GuruFocus' analysis, Greaves Cotton (NSE:GREAVESCOT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹230.83, compared to a current price of ₹195.01 — trading 15.5% below its estimated fair value. The current Forward PE Ratio is 34.10 and 68.6% above the Industrial Products industry median of 20.23. Greaves Cotton's overall GF Score™ is 77/100 with 1 warning sign 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 Greaves Cotton (NSE:GREAVESCOT), the current Forward PE Ratio is 34.10 as of Aug. 18, 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 Greaves Cotton (NSE:GREAVESCOT) Overvalued in 2026?
Based on GuruFocus' analysis, Greaves Cotton stock appears to be undervalued.
The current stock price of ₹195.01 is trading 15.5% below its estimated GF Value™ of ₹230.83.
GuruFocus considers Greaves Cotton to be Modestly Undervalued.
Key valuation signals for NSE:GREAVESCOT:
Forward PE Ratio: 34.10
GF Value™: ₹230.83 vs. price of ₹195.01 (15.5% below fair value)
Industry Position: 68.6% above the Industrial Products median (#1054 of 1292)
No single metric tells the full story. See the NSE:GREAVESCOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greaves Cotton Ltd is a diversified engineering company. It is a manufacturer and marketer of diesel engines, petrol engines, generator sets, pump sets, and construction equipment. Its product is used in automotive, marine, farm, construction, and industrial applications. The company's reportable operating segments include Engines, Electric mobility and other vehicles, Cables & Control Levers, and Others. The majority of its revenue is generated from the Engines segment, which includes the application of engines in farm equipment, gensets, and spares produced by Greaves. Geographically, the company generates maximum revenue from its domestic markets, and also has an overseas presence.
77GF Score
Get the complete analysis for NSE:GREAVESCOT
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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