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IDEAFORGE TECHNOLOGY
PS (Price/Sales) Ratio

The Current P/S Ratio of IDEAFORGE TECHNOLOGY is 9.38.

Share Price ₹661.5Oct 17,2024
Market Cap ₹2,844.5 Cr
Sales-TTM₹303.1 CrTTM-Consolidated Results
Price/Sales9.38xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of IDEAFORGE TECHNOLOGY

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 IDEAFORGE TECHNOLOGY is calculated as :

Current Market Cap [ ₹2,844.5 Cr] as on Oct 17,2024

(/) Sales [ ₹303.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 9.38x ]

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

Thus, for IDEAFORGE TECHNOLOGY , the investors are currently willing to pay '9.38 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 IDEAFORGE TECHNOLOGY !

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

Historical PS (Price/Sales) ratio chart of IDEAFORGE TECHNOLOGY


PS Ratio Performance Analysis for IDEAFORGE TECHNOLOGY

- IDEAFORGE TECHNOLOGY 's latest p/e ratio is 9.38x.

- IDEAFORGE TECHNOLOGY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.88x.

- IDEAFORGE TECHNOLOGY 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IDEAFORGE TECHNOLOGY 's p/e ratio peaked in Mar2024 at 9.39x.

- IDEAFORGE TECHNOLOGY 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does IDEAFORGE TECHNOLOGY 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
IDEAFORGE TECHNOLOGY 303.19.382,844.5
BHARAT ELECTRONICS LTD20,978.99.91207,927.0
BHARAT HEAVY ELECTRICALS LTD24,374.33.6388,461.8
THERMAX LTD9,574.96.3560,842.4
TRIVENI TURBINE LTD1,740.814.1224,576.7
KIRLOSKAR OIL ENGINES LTD5,990.52.9217,473.1
ELECON ENGINEERING COMPANY LTD1,915.48.4516,187.1
PRAJ INDUSTRIES LTD3,428.74.3014,750.1
SHRIRAM PISTONS & RINGS LTD3,210.03.089,896.9
KIRLOSKAR BROTHERS LTD4,132.63.4414,214.2
TEGA INDUSTRIES LTD1,564.67.9212,398.2

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs IDEAFORGE TECHNOLOGY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.92x
Max industry PS 14.12x
Median industry PS 6.35x
Average industry PS 6.68x



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