NITIN CASTINGS
|
The Current P/S Ratio of NITIN CASTINGS is 2.38.
Share Price | ₹704.8 | Nov 21,2024 |
Market Cap | ₹359.4 Cr | |
Sales-TTM | ₹151.1 Cr | TTM-Standalone Results |
Price/Sales | 2.38x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of NITIN CASTINGS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹359.4 Cr] as on Nov 21,2024
(/) Sales [ ₹151.1 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 2.38x ]
Thus, for NITIN CASTINGS , the investors are currently willing to pay '2.38 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 NITIN CASTINGS !
The chart below summarizes the trend in P/S Ratio of NITIN CASTINGS over the last five years.
Historical PS (Price/Sales) ratio chart of NITIN CASTINGS
PS Ratio Performance Analysis for NITIN CASTINGS
- NITIN CASTINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.97x.
- NITIN CASTINGS 's operated at median p/e ratio of 0.68x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NITIN CASTINGS 's p/e ratio peaked in Mar2024 at 2.15x.
- NITIN CASTINGS 's p/e ratio hit its five-year low in Mar2021 of 0.51x.
How does NITIN 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) |
---|---|---|---|
NITIN CASTINGS | 151.1 | 2.38 | 359.4 |
AIA ENGINEERING LTD | 4,383.6 | 7.25 | 31,798.0 |
PTC INDUSTRIES LTD | 247.1 | 72.29 | 17,863.1 |
ELECTROSTEEL CASTINGS LTD | 7,713.3 | 1.15 | 8,901.9 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 6,303.8 | 1.53 | 9,660.5 |
ALICON CASTALLOY LTD | 1,728.0 | 1.07 | 1,842.4 |
STEELCAST LTD | 342.3 | 4.43 | 1,517.0 |
NELCAST LTD | 1,246.4 | 0.78 | 971.8 |
UNI ABEX ALLOY PRODUCTS LTD | 169.3 | 3.48 | 588.4 |
SYNERGY GREEN INDUSTRIES LTD | 338.2 | 1.73 | 585.9 |
INVESTMENT & PRECISION CASTINGS LTD | 162.8 | 2.46 | 400.5 |
Castings/Forgings Industry Benchmark (Top 10) PS Analysis vs NITIN CASTINGS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.78x |
Max industry PS | 72.29x |
Median industry PS | 2.38x |
Average industry PS | 8.96x |
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