NITIN CASTINGS
|
The Current P/S Ratio of NITIN CASTINGS is 2.40.
Share Price | ₹720.4 | Nov 04,2024 |
Market Cap | ₹367.4 Cr | |
Sales-TTM | ₹152.9 Cr | TTM-Standalone Results |
Price/Sales | 2.40x | 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 [ ₹367.4 Cr] as on Nov 04,2024
(/) Sales [ ₹152.9 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 2.40x ]
Thus, for NITIN CASTINGS , the investors are currently willing to pay '2.40 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 | 152.9 | 2.40 | 367.4 |
AIA ENGINEERING LTD | 4,383.6 | 8.10 | 35,523.3 |
PTC INDUSTRIES LTD | 232.2 | 77.03 | 17,890.1 |
ELECTROSTEEL CASTINGS LTD | 7,713.3 | 1.32 | 10,203.1 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 6,197.5 | 1.67 | 10,375.6 |
ALICON CASTALLOY LTD | 1,645.3 | 1.25 | 2,061.7 |
STEELCAST LTD | 368.0 | 4.56 | 1,676.3 |
NELCAST LTD | 1,274.3 | 0.82 | 1,039.2 |
UNI ABEX ALLOY PRODUCTS LTD | 178.2 | 3.40 | 605.3 |
SYNERGY GREEN INDUSTRIES LTD | 321.2 | 1.89 | 607.6 |
INVESTMENT & PRECISION CASTINGS LTD | 165.8 | 2.51 | 415.6 |
Castings/Forgings Industry Benchmark (Top 10) PS Analysis vs NITIN CASTINGS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.82x |
Max industry PS | 77.03x |
Median industry PS | 2.40x |
Average industry PS | 9.54x |
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