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NITIRAJ ENGINEERS
PS (Price/Sales) Ratio

The Current P/S Ratio of NITIRAJ ENGINEERS is 5.20.

Share Price ₹232.6Dec 27,2024
Market Cap ₹239.6 Cr
Sales-TTM₹46.1 CrTTM-Consolidated Results
Price/Sales5.20xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of NITIRAJ ENGINEERS

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 NITIRAJ ENGINEERS is calculated as :

Current Market Cap [ ₹239.6 Cr] as on Dec 27,2024

(/) Sales [ ₹46.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 5.20x ]

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

Thus, for NITIRAJ ENGINEERS , the investors are currently willing to pay '5.20 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 NITIRAJ ENGINEERS !

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

Historical PS (Price/Sales) ratio chart of NITIRAJ ENGINEERS


PS Ratio Performance Analysis for NITIRAJ ENGINEERS

- NITIRAJ ENGINEERS 's latest p/e ratio is 5.20x.

- NITIRAJ ENGINEERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.26x.

- NITIRAJ ENGINEERS 's operated at median p/e ratio of 1.19x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NITIRAJ ENGINEERS 's p/e ratio peaked in Mar2022 at 1.89x.

- NITIRAJ ENGINEERS 's p/e ratio hit its five-year low in Mar2019 of 0.7x.


How does NITIRAJ ENGINEERS 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
NITIRAJ ENGINEERS 46.15.20239.6
BHARAT ELECTRONICS LTD21,574.79.90213,555.0
BHARAT HEAVY ELECTRICALS LTD25,833.13.1781,985.2
THERMAX LTD9,884.05.2852,231.6
TRIVENI TURBINE LTD1,854.112.8323,782.0
KIRLOSKAR OIL ENGINES LTD6,186.02.4214,983.8
ELECON ENGINEERING COMPANY LTD1,938.77.4314,407.6
PRAJ INDUSTRIES LTD3,362.54.4514,954.1
SHRIRAM PISTONS & RINGS LTD3,334.92.739,109.3
KIRLOSKAR BROTHERS LTD4,255.33.7615,995.3
TEGA INDUSTRIES LTD1,540.56.7210,354.6

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs NITIRAJ ENGINEERS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.42x
Max industry PS 12.83x
Median industry PS 5.20x
Average industry PS 5.81x



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