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MAGNA ELECTRO CASTINGS
PS (Price/Sales) Ratio

The Current P/S Ratio of MAGNA ELECTRO CASTINGS is 2.62.

Share Price ₹994.3Nov 19,2024
Market Cap ₹417.6 Cr
Sales-TTM₹159.3 CrTTM-Standalone Results
Price/Sales2.62xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MAGNA ELECTRO CASTINGS

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 MAGNA ELECTRO CASTINGS is calculated as :

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 ]

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

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 latest p/e ratio is 2.62x.

- 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 RatioMarket Cap (Cr)
MAGNA ELECTRO CASTINGS 159.32.62417.6
AIA ENGINEERING LTD4,383.67.3432,196.5
PTC INDUSTRIES LTD247.170.8117,495.5
ELECTROSTEEL CASTINGS LTD7,713.31.189,105.9
KIRLOSKAR FERROUS INDUSTRIES LTD6,303.81.559,797.9
ALICON CASTALLOY LTD1,728.01.101,906.1
STEELCAST LTD342.34.431,517.7
NELCAST LTD1,246.40.78977.9
UNI ABEX ALLOY PRODUCTS LTD169.33.51594.9
SYNERGY GREEN INDUSTRIES LTD338.21.79604.1
NITIN CASTINGS LTD151.12.40362.4

Castings/Forgings Industry Benchmark (Top 10) PS Analysis vs MAGNA ELECTRO CASTINGS 's P/S Ratio

Top 10 Industry PeersPS 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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