MM FORGINGS
|
The Current P/S Ratio of MM FORGINGS is 1.39.
Share Price | ₹455.2 | Nov 12,2024 |
Market Cap | ₹2,198.6 Cr | |
Sales-TTM | ₹1,576.7 Cr | TTM-Consolidated Results |
Price/Sales | 1.39x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of MM FORGINGS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹2,198.6 Cr] as on Nov 12,2024
(/) Sales [ ₹1,576.7 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.39x ]
Thus, for MM FORGINGS , the investors are currently willing to pay '1.39 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 MM FORGINGS !
The chart below summarizes the trend in P/S Ratio of MM FORGINGS over the last five years.
Historical PS (Price/Sales) ratio chart of MM FORGINGS
PS Ratio Performance Analysis for MM FORGINGS
- MM FORGINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.33x.
- MM FORGINGS 's operated at median p/e ratio of 1.38x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MM FORGINGS 's p/e ratio peaked in Mar2022 at 1.79x.
- MM FORGINGS 's p/e ratio hit its five-year low in Mar2020 of 0.52x.
How does MM FORGINGS 's P/S Ratio benchmark against top 10 peers in Forgings Industry?
Peer Comparison (Forgings Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
MM FORGINGS | 1,576.7 | 1.39 | 2,198.6 |
BHARAT FORGE LTD | 15,910.9 | 3.98 | 63,322.4 |
CIE AUTOMOTIVE INDIA LTD | 4,582.0 | 3.91 | 17,919.2 |
RAMKRISHNA FORGINGS LTD | 4,139.7 | 4.13 | 17,085.0 |
LGB FORGE LTD | 93.7 | 2.73 | 256.1 |
HILTON METAL FORGING LTD | 144.4 | 1.50 | 216.1 |
KALYANI FORGE LTD | 234.2 | 0.71 | 167.1 |
SAMRAT FORGINGS LTD | 163.5 | 1.00 | 164.0 |
TIRUPATI FORGE LTD | 118.2 | 4.76 | 562.8 |
GANGA FORGING LTD | 38.8 | 2.57 | 99.8 |
Forgings Industry Benchmark (Top 10) PS Analysis vs MM FORGINGS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.71x |
Max industry PS | 4.76x |
Median industry PS | 2.73x |
Average industry PS | 2.67x |
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