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RAMKRISHNA FORGINGS
PS (Price/Sales) Ratio

The Current P/S Ratio of RAMKRISHNA FORGINGS is 4.14.

Share Price ₹947.3Nov 19,2024
Market Cap ₹17,145.2 Cr
Sales-TTM₹4,139.7 CrTTM-Consolidated Results
Price/Sales4.14xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of RAMKRISHNA 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 RAMKRISHNA FORGINGS is calculated as :

Current Market Cap [ ₹17,145.2 Cr] as on Nov 19,2024

(/) Sales [ ₹4,139.7 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 4.14x ]

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

Thus, for RAMKRISHNA FORGINGS , the investors are currently willing to pay '4.14 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 RAMKRISHNA FORGINGS !

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

Historical PS (Price/Sales) ratio chart of RAMKRISHNA FORGINGS


PS Ratio Performance Analysis for RAMKRISHNA FORGINGS

- RAMKRISHNA FORGINGS 's latest p/e ratio is 4.14x.

- RAMKRISHNA FORGINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.48x.

- RAMKRISHNA FORGINGS 's operated at median p/e ratio of 1.3x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAMKRISHNA FORGINGS 's p/e ratio peaked in Mar2024 at 3.16x.

- RAMKRISHNA FORGINGS 's p/e ratio hit its five-year low in Mar2020 of 0.41x.


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

Peer Comparison (Forgings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
RAMKRISHNA FORGINGS 4,139.74.1417,145.2
BHARAT FORGE LTD15,825.33.8961,585.7
CIE AUTOMOTIVE INDIA LTD4,582.03.8717,716.2
MM FORGINGS LTD1,576.71.442,266.6
LGB FORGE LTD93.72.55238.4
HILTON METAL FORGING LTD144.41.49214.8
KALYANI FORGE LTD235.60.86203.1
SAMRAT FORGINGS LTD168.70.98165.0
TIRUPATI FORGE LTD126.84.25539.3
GANGA FORGING LTD38.82.63101.9

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.86x
Max industry PS 4.25x
Median industry PS 2.63x
Average industry PS 2.61x



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