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Forcas Studio (NSE:FORCAS) PE Ratio without NRI : (As of Dec. 13, 2024)


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What is Forcas Studio PE Ratio without NRI?

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2024-12-13), Forcas Studio's share price is ₹85.00. Forcas Studio does not have enough years/quarters to calculate the EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2023. Therefore GuruFocus does not calculate PE Ratio without NRI at this moment.

During the past 3 years, Forcas Studio's highest PE Ratio without NRI was 182.39. The lowest was 122.59. And the median was 147.88.

Forcas Studio's EPS without NRI for the six months ended in Mar. 2023 was ₹0.67.

As of today (2024-12-13), Forcas Studio's share price is ₹85.00. Forcas Studio does not have enough years/quarters to calculate the Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2023. Therefore GuruFocus does not calculate PE Ratio (TTM)at this moment.

Good Sign:

Forcas Studio Ltd stock PE Ratio (=125.19) is close to 1-year low of 125.19

During the past years, Forcas Studio's highest PE Ratio (TTM) was 184.03. The lowest was 123.70. And the median was 149.22.

Forcas Studio's EPS (Diluted) for the six months ended in Mar. 2023 was ₹0.67.

Forcas Studio's EPS (Basic) for the six months ended in Mar. 2023 was ₹0.67.


Forcas Studio PE Ratio without NRI Historical Data

The historical data trend for Forcas Studio's PE Ratio without NRI 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.

* Premium members only.

Forcas Studio PE Ratio without NRI Chart

Forcas Studio Annual Data
Trend Mar21 Mar22 Mar23
PE Ratio without NRI
N/A N/A N/A

Forcas Studio Semi-Annual Data
Mar21 Mar22 Mar23
PE Ratio without NRI At Loss N/A N/A

Competitive Comparison of Forcas Studio's PE Ratio without NRI

For the Apparel Retail subindustry, Forcas Studio's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.


Forcas Studio's PE Ratio without NRI Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Forcas Studio's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Forcas Studio's PE Ratio without NRI falls into.



Forcas Studio PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular 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 regular PE Ratio.

Forcas Studio's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=85.00/
=N/A

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Forcas Studio  (NSE:FORCAS) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


Forcas Studio PE Ratio without NRI Related Terms

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Forcas Studio Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Budge Budge Trunk Road, B-3 71C/161, Tara Maa Tower, Khalpole, South 24 Parganas, Thakurpur, Mahestola, WB, IND, 700 142
Forcas Studio Ltd sells men's clothing, including shirts, jeans, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers. The company provides these products online and in bulk to customers all over India. It also offers white-labelling services for other brands, such as Landmark Group, V-Mart Retail, V2 Retail, Highlander, Cobb, Kontail, and more. The company sells its products through online platforms under the brand name of FTX' Tribe and Conteno.

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