IP RINGS
|
The Current P/S Ratio of IP RINGS is 0.79.
Share Price | ₹200.0 | Dec 26,2024 |
Market Cap | ₹254.0 Cr | |
Sales-TTM | ₹322.6 Cr | TTM-Consolidated Results |
Price/Sales | 0.79x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of IP RINGS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹254.0 Cr] as on Dec 26,2024
(/) Sales [ ₹322.6 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.79x ]
Thus, for IP RINGS , the investors are currently willing to pay '0.79 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 IP RINGS !
The chart below summarizes the trend in P/S Ratio of IP RINGS over the last five years.
Historical PS (Price/Sales) ratio chart of IP RINGS
PS Ratio Performance Analysis for IP RINGS
- IP RINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 0.50x.
- IP RINGS 's operated at median p/e ratio of 0.55x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, IP RINGS 's p/e ratio peaked in Mar2024 at 0.6x.
- IP RINGS 's p/e ratio hit its five-year low in Mar2023 of 0.35x.
How does IP RINGS 's P/S Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
IP RINGS | 322.6 | 0.79 | 254.0 |
BOSCH LTD | 17,149.7 | 5.88 | 100,870.0 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 109,436.0 | 1.00 | 109,942.0 |
SONA BLW PRECISION FORGINGS LTD | 3,479.3 | 10.60 | 36,863.8 |
UNO MINDA LTD | 15,379.2 | 3.91 | 60,063.3 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 3,713.8 | 5.99 | 22,234.5 |
ENDURANCE TECHNOLOGIES LTD | 10,984.0 | 2.77 | 30,395.1 |
JBM AUTO LTD | 5,262.6 | 3.60 | 18,949.7 |
TVS HOLDINGS LTD | 42,151.1 | 0.51 | 21,336.2 |
MINDA CORPORATION LTD | 4,863.2 | 2.45 | 11,894.2 |
CRAFTSMAN AUTOMATION LTD | 4,600.2 | 2.78 | 12,798.0 |
Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs IP RINGS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.51x |
Max industry PS | 10.60x |
Median industry PS | 2.78x |
Average industry PS | 3.66x |
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