Forbes P/E
What is the P/E of Forbes?
The P/E of Forbes & Company Limited is N/A
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Industrials sector on BSE compared to Forbes
What does Forbes do?
Forbes & Company Limited manufactures, sells, and rents health, hygiene, and safety products in India and internationally. The company engages in manufacturing, selling, renting, and servicing vacuum cleaners, water filter cum purifiers, water and waste water treatment plants; and trading electronic air cleaning systems, small household appliances, digital security systems, fire extinguishers, etc. It also manufactures and trades in precision cutting tools, spring lock washers, and marking systems. In addition, the company offers note counting machines, electronic cash registers, point of sale machines, and various types of kiosks; Forbes Xpress that comprise sale of mobile recharge, and bill payments and money transfer; and transaction network and services, including maintenance, servicing and support services for kiosks and other devices. Further, it is involved in the real estate development activities, as well as rents out investment properties. Additionally, the company engages in the business of ship owners, charterers, etc. The company was founded in 1767 and is based in Mumbai, India. Forbes & Company Limited is a subsidiary of Shapoorji Pallonji and Company Private Limited.
Companies with p/e similar to Forbes
- Green Organic Dutchman has P/E of N/A
- Crown Capital Partners has P/E of N/A
- TANSH Global Food Co., Ltd has P/E of N/A
- UroGen Pharma has P/E of N/A
- Manugraph India has P/E of N/A
- SIR Royalty Income Fund has P/E of N/A
- Forbes has P/E of N/A
- Metallum Resources has P/E of N/A
- Indigo Exploration has P/E of N/A
- Montfort Capital has P/E of N/A
- Mariner has P/E of N/A
- Exasol AG has P/E of N/A
- Tse Sui Luen Jewellery (International) has P/E of N/A