ELECTROSTEEL CASTINGS
|
The Current P/S Ratio of ELECTROSTEEL CASTINGS is 1.66.
Share Price | ₹209.8 | Sep 06,2024 |
Market Cap | ₹12,969.8 Cr | |
Sales-TTM | ₹7,804.9 Cr | TTM-Consolidated Results |
Price/Sales | 1.66x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ELECTROSTEEL CASTINGS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹12,969.8 Cr] as on Sep 06,2024
(/) Sales [ ₹7,804.9 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.66x ]
Thus, for ELECTROSTEEL CASTINGS , the investors are currently willing to pay '1.66 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 ELECTROSTEEL CASTINGS !
The chart below summarizes the trend in P/S Ratio of ELECTROSTEEL CASTINGS over the last five years.
Historical PS (Price/Sales) ratio chart of ELECTROSTEEL CASTINGS
PS Ratio Performance Analysis for ELECTROSTEEL CASTINGS
- ELECTROSTEEL CASTINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.53x.
- ELECTROSTEEL CASTINGS 's operated at median p/e ratio of 0.31x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELECTROSTEEL CASTINGS 's p/e ratio peaked in Mar2024 at 1.47x.
- ELECTROSTEEL CASTINGS 's p/e ratio hit its five-year low in Mar2020 of 0.15x.
How does ELECTROSTEEL CASTINGS 's P/S Ratio benchmark against top 10 peers in Castings/Forgings Industry?
Peer Comparison (Castings/Forgings Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ELECTROSTEEL CASTINGS | 7,804.9 | 1.66 | 12,969.8 |
AIA ENGINEERING LTD | 4,634.2 | 8.82 | 40,862.4 |
PTC INDUSTRIES LTD | 232.2 | 91.09 | 21,154.3 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 6,197.5 | 1.86 | 11,534.5 |
ALICON CASTALLOY LTD | 1,645.3 | 1.42 | 2,332.2 |
STEELCAST LTD | 368.0 | 4.13 | 1,518.7 |
NELCAST LTD | 1,274.3 | 0.96 | 1,218.9 |
UNI ABEX ALLOY PRODUCTS LTD | 178.2 | 3.57 | 635.4 |
SYNERGY GREEN INDUSTRIES LTD | 321.2 | 1.90 | 611.8 |
NITIN CASTINGS LTD | 152.9 | 2.38 | 363.9 |
INVESTMENT & PRECISION CASTINGS LTD | 165.8 | 3.01 | 499.5 |
Castings/Forgings Industry Benchmark (Top 10) PS Analysis vs ELECTROSTEEL CASTINGS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.96x |
Max industry PS | 91.09x |
Median industry PS | 2.38x |
Average industry PS | 10.98x |
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