RAMKRISHNA FORGINGS
|
The Current P/S Ratio of RAMKRISHNA FORGINGS is 4.59.
Share Price | ₹1,030.5 | Oct 17,2024 |
Market Cap | ₹18,652.1 Cr | |
Sales-TTM | ₹4,067.6 Cr | TTM-Consolidated Results |
Price/Sales | 4.59x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of RAMKRISHNA FORGINGS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹18,652.1 Cr] as on Oct 17,2024
(/) Sales [ ₹4,067.6 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 4.59x ]
Thus, for RAMKRISHNA FORGINGS , the investors are currently willing to pay '4.59 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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
RAMKRISHNA FORGINGS | 4,067.6 | 4.59 | 18,652.1 |
BHARAT FORGE LTD | 15,910.9 | 4.30 | 68,411.3 |
CIE AUTOMOTIVE INDIA LTD | 4,634.2 | 4.33 | 20,068.3 |
MM FORGINGS LTD | 1,575.1 | 1.67 | 2,632.1 |
LGB FORGE LTD | 99.1 | 2.55 | 252.7 |
HILTON METAL FORGING LTD | 144.4 | 1.28 | 184.5 |
KALYANI FORGE LTD | 234.2 | 0.73 | 169.9 |
SAMRAT FORGINGS LTD | 163.5 | 0.98 | 160.9 |
TIRUPATI FORGE LTD | 118.2 | 3.01 | 356.2 |
GANGA FORGING LTD | 35.9 | 2.77 | 99.4 |
Forgings Industry Benchmark (Top 10) PS Analysis vs RAMKRISHNA FORGINGS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.73x |
Max industry PS | 4.59x |
Median industry PS | 2.77x |
Average industry PS | 2.62x |
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