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Kaynes Technology India (NSE:KAYNES) 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 .
Kaynes Technology India Forward PE Ratio Related Terms
Kaynes Technology India Forward PE Ratio Historical Data
* 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.
Kaynes Technology India Forward PE Ratio Chart
Kaynes Technology India Annual Data
Trend
2024-03
2025-03
2026-03
Forward PE Ratio
57.47
74.01
41.04
Kaynes Technology India Quarterly Data
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
57.47
79.37
109.89
100.51
74.01
89.44
104.95
41.14
41.04
48.42
NSE:KAYNES vs APH, GLW, TEL: Forward PE Ratio Comparison
For the Electronic Components subindustry, Kaynes Technology India'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.
Kaynes Technology India Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Kaynes Technology India's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Kaynes Technology India's Forward PE Ratio falls into.
Kaynes Technology India Forward PE Ratio Calculation
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.
Kaynes Technology India (NSE:KAYNES) has a Forward PE Ratio of 62.38 as of Aug. 25, 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 Kaynes Technology India and its competitors. According to the industry distribution chart, Kaynes Technology India ranks #878 out of 1026 companies in the Hardware industry, placing it in the top 85.6%.
Is Kaynes Technology India's Forward PE Ratio too high?
Kaynes Technology India's current Forward PE Ratio is 62.38. The Hardware industry median Forward PE Ratio is 21.41. Kaynes Technology India's value of 62.38 is 191.4% above this industry median. Based on the distribution chart, Kaynes Technology India ranks #878 out of 1026 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Kaynes Technology India has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaynes Technology India's Forward PE Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Kaynes Technology India ranks #878 out of 1026 companies for Forward PE Ratio. This places Kaynes Technology India in the lower half of its industry. The industry median Forward PE Ratio is 21.41. Kaynes Technology India's value of 62.38 is 191.4% 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 Hardware company?
The median Forward PE Ratio among Hardware companies is 21.41, based on 1,026 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. Kaynes Technology India's current Forward PE Ratio of 62.38 is 191.4% 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 Kaynes Technology India and its competitors. For the Hardware industry, the median Forward PE Ratio is 21.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaynes Technology India's current Forward PE Ratio is 62.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaynes Technology India stock overvalued right now?
Based on GuruFocus' analysis, Kaynes Technology India (NSE:KAYNES) is currently considered Possible Value Trap. The stock's GF Value™ is ₹6,988.97, compared to a current price of ₹3,840.20 — trading 45.1% below its estimated fair value. The current Forward PE Ratio is 62.38 and 191.4% above the Hardware industry median of 21.41. Kaynes Technology India's overall GF Score™ is 81/100 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 Kaynes Technology India (NSE:KAYNES), the current Forward PE Ratio is 62.38 as of Aug. 25, 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 Kaynes Technology India (NSE:KAYNES) Overvalued in 2026?
Based on GuruFocus' analysis, Kaynes Technology India stock appears to be undervalued.
The current stock price of ₹3,840.20 is trading 45.1% below its estimated GF Value™ of ₹6,988.97.
GuruFocus considers Kaynes Technology India to be Possible Value Trap.
Key valuation signals for NSE:KAYNES:
Forward PE Ratio: 62.38
GF Value™: ₹6,988.97 vs. price of ₹3,840.20 (45.1% below fair value)
Industry Position: 191.4% above the Hardware median (#878 of 1026)
No single metric tells the full story. See the NSE:KAYNES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaynes Technology India Ltd is an end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, integrated manufacturing, and life-cycle support for players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things, Information Technology and other segments. The Company operates predominantly in one business segment which is Electronics Manufacturing Services.
81GF Score
Get the complete analysis for NSE:KAYNES
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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