GANGA FORGING
|
The Current P/S Ratio of GANGA FORGING is 2.42.
Share Price | ₹7.0 | Dec 27,2024 |
Market Cap | ₹94.1 Cr | |
Sales-TTM | ₹38.8 Cr | TTM-Standalone Results |
Price/Sales | 2.42x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of GANGA FORGING
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
GANGA FORGING | 38.8 | 2.42 | 94.1 |
BHARAT FORGE LTD | 15,825.3 | 3.97 | 62,890.2 |
CIE AUTOMOTIVE INDIA LTD | 4,582.0 | 3.91 | 17,894.5 |
RAMKRISHNA FORGINGS LTD | 4,139.7 | 3.98 | 16,488.5 |
MM FORGINGS LTD | 1,576.7 | 1.45 | 2,288.1 |
LGB FORGE LTD | 93.7 | 4.19 | 392.3 |
HILTON METAL FORGING LTD | 153.4 | 1.72 | 264.4 |
KALYANI FORGE LTD | 235.6 | 1.06 | 248.9 |
SAMRAT FORGINGS LTD | 168.7 | 1.01 | 170.0 |
TIRUPATI FORGE LTD | 126.8 | 5.17 | 655.7 |
Forgings Industry Benchmark (Top 10) PS Analysis vs GANGA FORGING 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.01x |
Max industry PS | 5.17x |
Median industry PS | 3.91x |
Average industry PS | 2.89x |
You may also like the below Video Courses