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MM FORGINGS
PS (Price/Sales) Ratio

The Current P/S Ratio of MM FORGINGS is 1.39.

Share Price ₹455.2Nov 12,2024
Market Cap ₹2,198.6 Cr
Sales-TTM₹1,576.7 CrTTM-Consolidated Results
Price/Sales1.39xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MM FORGINGS

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 MM FORGINGS is calculated as :

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 ]

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

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 latest p/e ratio is 1.39x.

- 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 RatioMarket Cap (Cr)
MM FORGINGS 1,576.71.392,198.6
BHARAT FORGE LTD15,910.93.9863,322.4
CIE AUTOMOTIVE INDIA LTD4,582.03.9117,919.2
RAMKRISHNA FORGINGS LTD4,139.74.1317,085.0
LGB FORGE LTD93.72.73256.1
HILTON METAL FORGING LTD144.41.50216.1
KALYANI FORGE LTD234.20.71167.1
SAMRAT FORGINGS LTD163.51.00164.0
TIRUPATI FORGE LTD118.24.76562.8
GANGA FORGING LTD38.82.5799.8

Forgings Industry Benchmark (Top 10) PS Analysis vs MM FORGINGS 's P/S Ratio

Top 10 Industry PeersPS 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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