MAGNA ELECTRO CASTINGS
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The Current P/S Ratio of MAGNA ELECTRO CASTINGS is 2.62.
Share Price | ₹994.3 | Nov 19,2024 |
Market Cap | ₹417.6 Cr | |
Sales-TTM | ₹159.3 Cr | TTM-Standalone Results |
Price/Sales | 2.62x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of MAGNA ELECTRO CASTINGS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹417.6 Cr] as on Nov 19,2024
(/) Sales [ ₹159.3 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 2.62x ]
Thus, for MAGNA ELECTRO CASTINGS , the investors are currently willing to pay '2.62 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 MAGNA ELECTRO CASTINGS !
The chart below summarizes the trend in P/S Ratio of MAGNA ELECTRO CASTINGS over the last five years.
Historical PS (Price/Sales) ratio chart of MAGNA ELECTRO CASTINGS
PS Ratio Performance Analysis for MAGNA ELECTRO CASTINGS
- MAGNA ELECTRO CASTINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.76x.
- MAGNA ELECTRO CASTINGS 's operated at median p/e ratio of 0.71x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MAGNA ELECTRO CASTINGS 's p/e ratio peaked in Mar2024 at 1.27x.
- MAGNA ELECTRO CASTINGS 's p/e ratio hit its five-year low in Mar2020 of 0.48x.
How does MAGNA ELECTRO 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) |
---|---|---|---|
MAGNA ELECTRO CASTINGS | 159.3 | 2.62 | 417.6 |
AIA ENGINEERING LTD | 4,383.6 | 7.34 | 32,196.5 |
PTC INDUSTRIES LTD | 247.1 | 70.81 | 17,495.5 |
ELECTROSTEEL CASTINGS LTD | 7,713.3 | 1.18 | 9,105.9 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 6,303.8 | 1.55 | 9,797.9 |
ALICON CASTALLOY LTD | 1,728.0 | 1.10 | 1,906.1 |
STEELCAST LTD | 342.3 | 4.43 | 1,517.7 |
NELCAST LTD | 1,246.4 | 0.78 | 977.9 |
UNI ABEX ALLOY PRODUCTS LTD | 169.3 | 3.51 | 594.9 |
SYNERGY GREEN INDUSTRIES LTD | 338.2 | 1.79 | 604.1 |
NITIN CASTINGS LTD | 151.1 | 2.40 | 362.4 |
Castings/Forgings Industry Benchmark (Top 10) PS Analysis vs MAGNA ELECTRO CASTINGS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.78x |
Max industry PS | 70.81x |
Median industry PS | 2.40x |
Average industry PS | 8.87x |
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