Forbes & Company Adjusts Valuation Amidst Competitive Industry Landscape and Operational Strength

Forbes & Company, a microcap player in the Electronics & Appliances sector, has recently undergone a valuation adjustment. The company's current price stands at 390.00, reflecting a modest increase from the previous close of 385.10. Over the past year, Forbes & Company has faced challenges, with a return of -39.70%, contrasting sharply with the Sensex's gain of 9.57% during the same period.
Key financial metrics for Forbes & Company include a PE ratio of 7.45 and an EV to EBITDA ratio of 16.64. The company's return on equity (ROE) is notably strong at 30.76%, while its return on capital employed (ROCE) is 15.52%. These figures indicate a solid operational performance, although the stock's valuation has been adjusted to reflect current market conditions.

In comparison to its peers, Forbes & Company presents a lower PE ratio than several competitors, such as Kabra Extrusion, which holds a significantly higher valuation. Other peers like Indef Manufacturing and Denta Water also exhibit varying valuation metrics, highlighting the competitive landscape within the industry. This context underscores the challenges and opportunities facing Forbes & Company as it navigates its market position.