MRF Forward P/E
What is the Forward P/E of MRF?
The Forward P/E of MRF Limited is 13.70
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward P/E of companies in the Consumer Discretionary sector on BSE compared to MRF
What does MRF do?
MRF Limited, together with its subsidiaries, manufactures, distributes, and sells rubber products in India and internationally. The company offers rubber products, such as tyres, tubes, flaps, and tread rubber. It also engages in the paints and coats, toys, motorsports, and cricket training businesses. The company offers tyres for trucks, farm services, LCVs, SCVs, three wheelers, pick up, two wheelers, passenger cars, and OTRs. In addition, it operates MRF TireTok, MRF Tyredrome, MRF FASST, MRF Musclezone, and shops that offer computerized nitrogen inflation, tubeless repair, wheel alignment, wheel balancing and tyre changing, robotic wheel alignment, vehicle safety test lane, diagnostic wheel balancing, A/C recovery and recharging, electronic headlight alignment, nitrogen generation, special two-wheeler tyre changing, credit card facility, wheels removal and refitment, and tyre mounting and de-mounting services. The company sells its products through approximately 4,000 dealer networks. MRF Limited was founded in 1946 and is based in Chennai, India.
Companies with forward p/e similar to MRF
- Select Medical has Forward P/E of 13.68
- Ashoka Buildcon has Forward P/E of 13.69
- Dream Industrial Real Estate Investment Trust has Forward P/E of 13.70
- Masco has Forward P/E of 13.70
- Associated British Foods Plc has Forward P/E of 13.70
- The Brighton Pier PLC has Forward P/E of 13.70
- MRF has Forward P/E of 13.70
- Horace Mann Educators has Forward P/E of 13.71
- Forrester Research has Forward P/E of 13.72
- Federal Agricultural Mortgage has Forward P/E of 13.73
- Tata Steel has Forward P/E of 13.74
- Project Titan PLC has Forward P/E of 13.74
- The Ramco Cements has Forward P/E of 13.74