MM Forgings

MM Forgings Forward P/E

The Forward P/E Ratio of MM Forgings (MMFL.NS) as of Oct 31, 2026 is 21.76. In the previous year, Forward P/E Ratio was 17.53 — a change of 24.14% (higher).

Forward P/E

21.76

YoY

24.14%

Last updated:

Forward P/E Ratio of MM Forgings is 2026 21.76 . Forward P/E Ratio of MM Forgings was 2025 17.53 . It decreases by 24.14% higher compared to the previous year.

The MM Forgings Forward P/E history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Forward P/E
Date
Forward P/E
Jan 1, 2019
27.08 INR
Jan 1, 2020
50.92 INR
Jan 1, 2021
46.35 INR
Jan 1, 2022
23.46 INR
Jan 1, 2023
16.68 INR
Jan 1, 2024
15.81 INR
Jan 1, 2025
17.53 INR
Jan 1, 2026
21.76 INR
The MM Forgings Forward P/E history
YEARForward P/EYoY
21.76+24.14%
17.53+10.86%
15.81-5.25%
16.68-28.88%
23.46-49.38%
46.35-8.98%
50.92+88.06%
27.08-23.14%
35.23-28.34%
49.16+15.35%
42.62+0.92%
42.23-42.00%
72.81—

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MM Forgings Stock analysis

What does MM Forgings do? MM Forgings Ltd. manufactures steel forgings for automotive components, producing items such as sprockets, flange housings, connecting rods, and various axle and steering parts. The company operates manufacturing plants in Tamil Nadu and a machining plant in Uttar Pradesh, serving the automotive industry with its specialized forged products. Its primary customers are automotive manufacturers requiring precision-engineered parts for vehicle assembly. The firm's product portfolio includes multiple variants of crankshafts for different engine types, such as 2-cylinder, single-cylinder, 3-cylinder, and 6-cylinder engines, alongside components like universal joint crosses and planetary wheel carriers. These products are designed to meet the specific needs of automotive production lines, with manufacturing facilities strategically located across Tamil Nadu and Uttar Pradesh to support regional and national supply chains. MM Forgings Ltd. focuses on the production of high-volume, precision steel forgings, leveraging its three manufacturing plants in Tamil Nadu and one machining plant in Uttar Pradesh to deliver consistent quality and timely delivery to automotive clients. The company's operations are centered on fulfilling the demand for durable, engineered components used in vehicle manufacturing across India. MM Forgings is one of the most popular companies on Eulerpool.

Frequently Asked Questions about MM Forgings stock

Forward P/E Ratio of MM Forgings is 21.76 in 2026.

Forward P/E Ratio of MM Forgings changed from 17.53 to 21.76, representing a 24.14% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Forward P/E Ratio MM Forgings since 2006 – with annual values, charts, and detailed analysis.

The Forward P/E uses estimated future earnings to value a stock. A lower forward P/E relative to the trailing P/E suggests analysts expect earnings growth.

To evaluate Forward P/E Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Forward P/E Ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Forward P/E Ratio's MM Forgings with sector peers and the industry average to assess whether it is attractive.

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