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Ramkrishna Forgings (NSE:RKFORGE) 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 .
Ramkrishna Forgings Forward PE Ratio Related Terms
Ramkrishna Forgings Forward PE Ratio Historical Data
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The historical data trend for Ramkrishna Forgings'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.
Ramkrishna Forgings Forward PE Ratio Chart
Ramkrishna Forgings Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
24.77
29.94
Ramkrishna Forgings Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
27.38
24.77
30.14
59.19
31.39
29.94
34.58
NSE:RKFORGE vs CRS, ATI, MLI: Forward PE Ratio Comparison
For the Metal Fabrication subindustry, Ramkrishna Forgings'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.
Ramkrishna Forgings Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ramkrishna Forgings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Ramkrishna Forgings'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.
Ramkrishna Forgings (NSE:RKFORGE) has a Forward PE Ratio of 38.43 as of Jul. 31, 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 Ramkrishna Forgings and its competitors. According to the industry distribution chart, Ramkrishna Forgings ranks #1039 out of 1295 companies in the Industrial Products industry, placing it in the top 80.2%.
Is Ramkrishna Forgings' Forward PE Ratio too high?
Ramkrishna Forgings' current Forward PE Ratio is 38.43. The Industrial Products industry median Forward PE Ratio is 18.76. Ramkrishna Forgings' value of 38.43 is 104.9% above this industry median. Based on the distribution chart, Ramkrishna Forgings ranks #1039 out of 1295 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ramkrishna Forgings has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramkrishna Forgings' Forward PE Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Ramkrishna Forgings ranks #1039 out of 1295 companies for Forward PE Ratio. This places Ramkrishna Forgings in the lower half of its industry. The industry median Forward PE Ratio is 18.76. Ramkrishna Forgings' value of 38.43 is 104.9% 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 18.76, based on 1,295 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. Ramkrishna Forgings's current Forward PE Ratio of 38.43 is 104.9% 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 Ramkrishna Forgings and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 18.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramkrishna Forgings's current Forward PE Ratio is 38.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramkrishna Forgings stock overvalued right now?
Based on GuruFocus' analysis, Ramkrishna Forgings (NSE:RKFORGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹821.94, compared to a current price of ₹651.15 — trading 20.8% below its estimated fair value. The current Forward PE Ratio is 38.43 and 104.9% above the Industrial Products industry median of 18.76. Ramkrishna Forgings' overall GF Score™ is 84/100 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 Ramkrishna Forgings (NSE:RKFORGE), the current Forward PE Ratio is 38.43 as of Jul. 31, 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 Ramkrishna Forgings (NSE:RKFORGE) Overvalued in 2026?
Based on GuruFocus' analysis, Ramkrishna Forgings stock appears to be undervalued.
The current stock price of ₹651.15 is trading 20.8% below its estimated GF Value™ of ₹821.94.
GuruFocus considers Ramkrishna Forgings to be Modestly Undervalued.
Key valuation signals for NSE:RKFORGE:
Forward PE Ratio: 38.43
GF Value™: ₹821.94 vs. price of ₹651.15 (20.8% below fair value)
Industry Position: 104.9% above the Industrial Products median (#1039 of 1295)
No single metric tells the full story. See the NSE:RKFORGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramkrishna Forgings Ltd is an Indian-based company, that engages in the manufacture of forgings and production of metal products. Its product portfolio includes engine components, front and rear axle components, transmission components, crown wheels and bellcrank assemblies, and others. The company's forgings are used in various industries and sectors, including automotive, earth moving and mining, farm equipment, general engineering, railways, steel plants, and others. Geographically the company caters its services to both domestic and overseas markets.
84GF Score
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