Maxgrow India (BOM:521167) PE Ratio (TTM): 0.97 (As of Aug. 13, 2026) — 67% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:521167 Maxgrow India Ltd BOM:521167
28 GF Score
Price ₹88.12
! 5 Warning Signs
View Full Analysis

What is Maxgrow India PE Ratio (TTM)?

Maxgrow India BOM:521167 +4.99% 28 PE Ratio (TTM) is 0.97 as of Aug. 13, 2026, which is 67% above its 10-year median of 0.58. GuruFocus rates BOM:521167 with a GF Score™ of 28/100. The stock has 5 warning signs investors should review. Among 787 Business Services companies, Maxgrow India ranks better than 98.86% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-08-13), Maxgrow India's share price is ₹88.12. Maxgrow India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was ₹90.54. Therefore, Maxgrow India's PE Ratio (TTM) for today is 0.97.

Warning Sign:

Maxgrow India Ltd stock PE Ratio (=0.97) is close to 2-year high of 0.98.


The historical rank and industry rank for Maxgrow India's PE Ratio (TTM) or its related term are showing as below:

BOM:521167' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 0.29   Med: 0.58   Max: 0.98
Current: 0.97


During the past 13 years, the highest PE Ratio (TTM) of Maxgrow India was 0.98. The lowest was 0.29. And the median was 0.58.


BOM:521167's PE Ratio (TTM) is ranked better than
98.86% of 787 companies
in the Business Services industry
Industry Median: 15.58 vs BOM:521167: 0.97

Maxgrow India's Earnings per Share (Diluted) for the three months ended in Dec. 2025 was ₹27.91. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was ₹90.54.

As of today (2026-08-13), Maxgrow India's share price is ₹88.12. Maxgrow India's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was ₹91.31. Therefore, Maxgrow India's PE Ratio without NRI for today is 0.97.

During the past 13 years, Maxgrow India's highest PE Ratio without NRI was 0.97. The lowest was 0.24. And the median was 0.51.

Maxgrow India's EPS without NRI for the three months ended in Dec. 2025 was ₹27.91. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was ₹91.31.

During the past 12 months, Maxgrow India's average EPS without NRI Growth Rate was 6739.80% per year.

During the past 13 years, Maxgrow India's highest 3-Year average EPS without NRI Growth Rate was 59.60% per year. The lowest was -37.40% per year. And the median was -4.25% per year.

Maxgrow India's EPS (Basic) for the three months ended in Dec. 2025 was ₹27.91. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was ₹90.54.


Maxgrow India  (BOM:521167) PE Ratio (TTM) Explanation

The PE Ratio (TTM) 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 (TTM) 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 (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) 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 (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) 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 (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) 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 without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) 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 (TTM) 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 (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items 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 (TTM).


Maxgrow India PE Ratio (TTM) Related Terms


Maxgrow India PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Maxgrow India's PE Ratio (TTM) 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.

Maxgrow India PE Ratio (TTM) Chart

Maxgrow India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss At Loss At Loss At Loss 0.85

Maxgrow India Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss 0.85 0.29 0.26 0.50

BOM:521167 vs KFY, RHI, TNET: PE Ratio (TTM) Comparison

For the Staffing & Employment Services subindustry, Maxgrow India's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Maxgrow India PE Ratio (TTM) vs Business Services Industry

For the Business Services industry and Industrials sector, Maxgrow India's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Maxgrow India's PE Ratio (TTM) falls into.


BOM:521167
28GF Score
Maxgrow India Ltd BOM:521167
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maxgrow India PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Maxgrow India's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=88.12/90.536
=0.97

Maxgrow India's Share Price of today is ₹88.12.
Maxgrow India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹90.54.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

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

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

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.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 0.97 mean?
Maxgrow India (BOM:521167) has a PE Ratio (TTM) of 0.97 as of Aug. 13, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Maxgrow India and its competitors. This is 67% above median its historical median of 0.58. Over the past decade, Maxgrow India's PE Ratio (TTM) has ranged from 0.29 to 0.98. According to the industry distribution chart, Maxgrow India ranks #9 out of 787 companies in the Business Services industry, placing it in the top 1.1%.
Is Maxgrow India's PE Ratio (TTM) too high?
Maxgrow India's current PE Ratio (TTM) of 0.97 is 67% above median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.98. The Business Services industry median PE Ratio (TTM) is 15.58. Maxgrow India's value of 0.97 is 93.8% below this industry median. Based on the distribution chart, Maxgrow India ranks #9 out of 787 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Maxgrow India has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Maxgrow India's PE Ratio (TTM) compare to KFY and RHI?
According to the Business Services industry distribution chart, Maxgrow India ranks #9 out of 787 companies for PE Ratio (TTM). This places Maxgrow India in the top 1% of its industry — outperforming the majority of peers. The industry median PE Ratio (TTM) is 15.58. Maxgrow India's value of 0.97 is 93.8% below this benchmark. Historically, Maxgrow India's own PE Ratio (TTM) has ranged from 0.29 to 0.98 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 15.58, Maxgrow India has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for a Business Services company?
The median PE Ratio (TTM) among Business Services companies is 15.58, based on 787 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maxgrow India's current PE Ratio (TTM) of 0.97 is 93.8% below 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Maxgrow India and its competitors. For the Business Services industry, the median PE Ratio (TTM) is 15.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxgrow India's current PE Ratio (TTM) is 0.97, which is 67% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxgrow India stock overvalued right now?
Maxgrow India (BOM:521167) has a current PE Ratio (TTM) of 0.97. The current PE Ratio (TTM) is 0.97, which is 67% above median its 10-year median of 0.58 and 93.8% below the Business Services industry median of 15.58. Maxgrow India's overall GF Score™ is 28/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Maxgrow India (BOM:521167), the current PE Ratio (TTM) is 0.97 as of Aug. 13, 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.

Maxgrow India Business Description

Address Y. G. Seth Marg, Suchita Business Park, Ground Floor, Office No. UG-50, Ghatkopar - East, Mumbai, MH, IND, 400075
Maxgrow India Ltd is engaged in metals trading with presence in ferrous and nonferrous scrap metals, industrial solutions, sustainable recycling, and value-added metal processing. The company also focuses on large-scale infrastructure projects in the mining and recycling sectors.
28GF Score

Get the complete analysis for BOM:521167

PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹88.12
Price