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GANGA FORGING
PS (Price/Sales) Ratio

The Current P/S Ratio of GANGA FORGING is 2.42.

Share Price ₹7.0Dec 27,2024
Market Cap ₹94.1 Cr
Sales-TTM₹38.8 CrTTM-Standalone Results
Price/Sales2.42xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of GANGA FORGING

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 GANGA FORGING is calculated as :

Current Market Cap [ ₹94.1 Cr] as on Dec 27,2024

(/) Sales [ ₹38.8 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.42x ]

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

Thus, for GANGA FORGING , the investors are currently willing to pay '2.42 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 GANGA FORGING !

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

Historical PS (Price/Sales) ratio chart of GANGA FORGING


PS Ratio Performance Analysis for GANGA FORGING

- GANGA FORGING 's latest p/e ratio is 2.42x.

- GANGA FORGING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.86x.

- GANGA FORGING 's operated at median p/e ratio of 1.98x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GANGA FORGING 's p/e ratio peaked in Mar2024 at 3.14x.

- GANGA FORGING 's p/e ratio hit its five-year low in Mar2020 of 0.39x.


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

Peer Comparison (Forgings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
GANGA FORGING 38.82.4294.1
BHARAT FORGE LTD15,825.33.9762,890.2
CIE AUTOMOTIVE INDIA LTD4,582.03.9117,894.5
RAMKRISHNA FORGINGS LTD4,139.73.9816,488.5
MM FORGINGS LTD1,576.71.452,288.1
LGB FORGE LTD93.74.19392.3
HILTON METAL FORGING LTD153.41.72264.4
KALYANI FORGE LTD235.61.06248.9
SAMRAT FORGINGS LTD168.71.01170.0
TIRUPATI FORGE LTD126.85.17655.7

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

Top 10 Industry PeersPS Ratio
Min industry PS 1.01x
Max industry PS 5.17x
Median industry PS 3.91x
Average industry PS 2.89x



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