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BHARAT FORGE
PS (Price/Sales) Ratio

The Current P/S Ratio of BHARAT FORGE is 3.87.

Share Price ₹1,315.8Nov 22,2024
Market Cap ₹61,263.6 Cr
Sales-TTM₹15,825.3 CrTTM-Consolidated Results
Price/Sales3.87xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of BHARAT FORGE

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of BHARAT FORGE is calculated as :

Current Market Cap [ ₹61,263.6 Cr] as on Nov 22,2024

(/) Sales [ ₹15,825.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.87x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for BHARAT FORGE , the investors are currently willing to pay '3.87 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of BHARAT FORGE !

The chart below summarizes the trend in P/S Ratio of BHARAT FORGE over the last five years.

Historical PS (Price/Sales) ratio chart of BHARAT FORGE


PS Ratio Performance Analysis for BHARAT FORGE

- BHARAT FORGE 's latest p/e ratio is 3.87x.

- BHARAT FORGE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.00x.

- BHARAT FORGE 's operated at median p/e ratio of 3.12x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHARAT FORGE 's p/e ratio peaked in Mar2021 at 4.38x.

- BHARAT FORGE 's p/e ratio hit its five-year low in Mar2020 of 1.35x.


How does BHARAT FORGE 's P/S Ratio benchmark against top 10 peers in Forgings Industry?

Peer Comparison (Forgings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
BHARAT FORGE 15,825.33.8761,263.6
CIE AUTOMOTIVE INDIA LTD4,582.03.7717,278.1
RAMKRISHNA FORGINGS LTD4,139.74.2117,441.6
MM FORGINGS LTD1,576.71.402,212.5
LGB FORGE LTD93.72.54238.2
HILTON METAL FORGING LTD153.41.36209.3
KALYANI FORGE LTD235.60.95223.9
SAMRAT FORGINGS LTD168.71.05177.5
TIRUPATI FORGE LTD126.84.08517.9
GANGA FORGING LTD38.82.4795.8

Forgings Industry Benchmark (Top 10) PS Analysis vs BHARAT FORGE 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.95x
Max industry PS 4.21x
Median industry PS 2.54x
Average industry PS 2.57x



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