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NELCAST
PS (Price/Sales) Ratio

The Current P/S Ratio of NELCAST is 0.78.

Share Price ₹111.7Nov 21,2024
Market Cap ₹971.8 Cr
Sales-TTM₹1,246.4 CrTTM-Consolidated Results
Price/Sales0.78xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of NELCAST

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 NELCAST is calculated as :

Current Market Cap [ ₹971.8 Cr] as on Nov 21,2024

(/) Sales [ ₹1,246.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.78x ]

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

Thus, for NELCAST , the investors are currently willing to pay '0.78 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 NELCAST !

The chart below summarizes the trend in P/S Ratio of NELCAST over the last five years.

Historical PS (Price/Sales) ratio chart of NELCAST


PS Ratio Performance Analysis for NELCAST

- NELCAST 's latest p/e ratio is 0.78x.

- NELCAST 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.68x.

- NELCAST 's operated at median p/e ratio of 0.61x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NELCAST 's p/e ratio peaked in Mar2021 at 0.92x.

- NELCAST 's p/e ratio hit its five-year low in Mar2020 of 0.46x.


How does NELCAST 's P/S Ratio benchmark against top 10 peers in Castings/Forgings Industry?

Peer Comparison (Castings/Forgings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
NELCAST 1,246.40.78971.8
AIA ENGINEERING LTD4,383.67.2531,798.0
PTC INDUSTRIES LTD247.172.2917,863.1
ELECTROSTEEL CASTINGS LTD7,713.31.158,901.9
KIRLOSKAR FERROUS INDUSTRIES LTD6,303.81.539,660.5
ALICON CASTALLOY LTD1,728.01.071,842.4
STEELCAST LTD342.34.431,517.0
UNI ABEX ALLOY PRODUCTS LTD169.33.48588.4
SYNERGY GREEN INDUSTRIES LTD338.21.73585.9
NITIN CASTINGS LTD151.12.40362.4
INVESTMENT & PRECISION CASTINGS LTD162.82.46400.5

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.78x
Max industry PS 72.29x
Median industry PS 2.40x
Average industry PS 8.96x



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