M M Forgings Limited, together with its subsidiaries, designs, manufactures, and sells steel forgings for passenger cars, commercial vehicles, off highway, agricultural, and high pressure valves in India. It offers closed die forgings, such as axle beams, steering knuckles, crankshaft, axle spindles, gear blanks, sockets, front hubs, ball studs, cross, and differential spiders. The company was formerly known as The Madras Motors Ltd and changed its name to M M Forgings Limited in 1993. M M Forgings Limited was founded in 1945 and is based in Chennai, India.
P/E ratio for M M Forgings Limited (MMFL.NS)
P/E ratio as of 2023: 7.86
According to M M Forgings Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.86. At the end of 2022 the company had a P/E ratio of 7.92.
P/E ratio history for M M Forgings Limited from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 7.86 |
| 2022 | 7.92 |
| 2021 | 11.22 |
| 2020 | 12.95 |
| 2019 | 4.82 |
| 2018 | 8.48 |
| 2017 | 10.77 |
| 2016 | 7.51 |
| 2015 | 5.36 |
| 2014 | 8.10 |
| 2013 | 2.45 |
| 2012 | 1.79 |
| 2011 | 2.08 |
| 2010 | 2.36 |
| 2009 | 3.84 |
| 2008 | 2.21 |
| 2007 | 2.76 |
| 2006 | 3.45 |