Home

Happy Forgings PE Ratio

Image

Happy Forgings Ltd

NSE: HAPPYFORGE

PE

28

Last updated on: May 11, 2025

Key Highlights

  • The P/E Ratio of Happy Forgings Ltd is 28 as of 11 May 15:30 PM .
  • The P/E Ratio of Happy Forgings Ltd changed from 34.4 on March 2024 to 34.4 on March 2024 . This represents a CAGR of 0.00% over 1 years.
  • The Latest Trading Price of Happy Forgings Ltd is ₹ 788.7 as of 09 May 15:30 .
  • The PE Ratio of Castings, Forgings & Fastners Industry has changed from 26.5 to 35.1 in 5 years. This represents a CAGR of 5.78%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Castings, Forgings & Fastners industry is 35.1. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 26.1. The PE Ratio of Retail industry is 139.8. The PE Ratio of Textiles industry is 37.1 in 2024.

Historical P/E Ratio of Happy Forgings Ltd

No data available

Company Fundamentals for Happy Forgings Ltd

Image

Happy Forgings Ltd

NSE: HAPPYFORGE

Share Price

₹ 788.7

1.05 (0.13%)

stock direction

Last updated on: May 09, 2025

Market Price of Happy Forgings Ltd

1M

1Y

3Y

5Y

Monitoring Happy Forgings Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
09 May 2025788.7
08 May 2025787.65
07 May 2025794.65
06 May 2025803.65
05 May 2025783.45
02 May 2025776.25
30 Apr 2025768.9
29 Apr 2025794.75
28 Apr 2025791.95
25 Apr 2025786.6

SWOT Analysis Of Happy Forgings Ltd

Strength

5

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Happy Forgings Ltd

Asset Value vs Market Value of Happy Forgings Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Happy Forgings Ltd7432
Bharat Forge Ltd55748
AIA Engineering Ltd29385
PTC Industries Ltd18398
CIE Automotive India Ltd15167
Ramkrishna Forgings Ltd10236

PE Ratio of Happy Forgings Ltd Explained

7432

Market cap

265

Earnings

28.0X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Castings, Forgings & Fastners Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Happy Forgings Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Happy Forgings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Happy Forgings Ltd

No data available

* All values are in %

About Happy Forgings Ltd

  • Happy Forgings Limited was incorporated as Happy Forgings Private Limited' at Jalandhar, Punjab as a private limited company, pursuant to a certificate of incorporation dated July 2, 1979, issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh.
  • Thereafter, Company was converted from a private limited company to a public limited company, and the name of Company was changed to Happy Forgings Limited', and a fresh certificate of incorporation dated April 1, 1998, issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Happy Forgings are an engineering led manufacturer of complex and safety critical, heavy forged and high precision machined components in India.
  • The Company manufacture a wide range of forged and machined products such as crankshafts, front axle beams, steering knuckles, differential cases, transmission parts, planetary carriers, suspension brackets and valve bodies across industries for a diversified base of customers.

Happy Forgings Ltd News Hub

Happy Forgings consolidated net profit declines 0.37% in the June 2024 quarter

Net profit of Happy Forgings declined 0.37% to Rs 63.80 crore in the quarter ended June 2024 as agai

Read more

07 Aug 24

Happy Forgings to hold board meeting

Happy Forgings will hold a meeting of the Board of Directors of the Company on 7 August 2024. Powere

Read more

02 Aug 24

Board of Happy Forgings approves capex of Rs 650 cr

The board of Happy Forgings at its meeting held on 06 January 2025 has approved capex budget of Rs 6

Read more

06 Jan 25

Happy Forgings to hold board meeting

Happy Forgings will hold a meeting of the Board of Directors of the Company on 7 November 2024 Power

Read more

29 Oct 24

Product Composition by Percentage (Revenue)

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Data not available

FAQs for PE of Happy Forgings Ltd

What is the current PE Ratio of Happy Forgings Ltd?

The Current PE Ratio of Happy Forgings Ltd is 28.0 as on 11 May 2025.

What is the average PE Ratio of the Castings, Forgings & Fastners industry?

The average industry PE Ratio of Castings, Forgings & Fastners is 35.1 as on 11 May 2025.

What was the PE Ratio of Happy Forgings Ltd last year?

The PE Ratio of Happy Forgings Ltd was 0.0 last year, now the PE ratio is 28.0, showing a year-on-year growth of -%.

What does the PE Ratio of Happy Forgings Ltd indicate about its stock?

The PE Ratio of Happy Forgings Ltd is 28.0. This ratio indicates that investors are willing to pay 28.0 times the earnings per share for each share of Happy Forgings Ltd.

What is the PE Ratio Growth of Happy Forgings Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Happy Forgings Ltd grew by -% whereas, the EPS ratio grew by -9.6.

How does the PE ratio of Happy Forgings Ltd compare to industry peers?

The PE ratio of Happy Forgings Ltd PE Ratio can indicate whether it is overvalued or undervalued compared to competitors in the same industry. A lower PE ratio may suggest an undervalued stock, while a higher PE ratio could indicate premium pricing.

Is a high PE ratio for Happy Forgings Ltd PE Ratio good or bad?

A high PE ratio may indicate strong future growth expectations, but it can also suggest overvaluation. It is best to compare it with industry averages and historical trends of Happy Forgings Ltd PE Ratio.

What factors influence the PE ratio of Happy Forgings Ltd PE Ratio?

The PE ratio of Happy Forgings Ltd PE Ratio is influenced by factors such as earnings growth, investor sentiment, macroeconomic conditions, and sector trends.

How often does the PE ratio of Happy Forgings Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Happy Forgings Ltd PE Ratio fluctuate, and it is updated whenever there is a significant movement in either of these factors.

Where can I find the latest PE ratio of Happy Forgings Ltd PE Ratio?

You can check the latest PE ratio of Happy Forgings Ltd PE Ratio on BlinkX Website above or any other stock market platforms, or at the company’s official website.

What is a good PE ratio for Happy Forgings Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare Happy Forgings Ltd PE ratio with its historical average and competitors.

Can the PE ratio of Happy Forgings Ltd PE Ratio predict future stock performance?

While the Happy Forgings Ltd PE ratio is a useful indicator of valuation, it should be used alongside other financial metrics and market analysis to make informed investment decisions.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions
Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions

Join the

Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions