Home > PS Ratio > BHARAT FORGE

BHARAT FORGE
PS (Price/Sales) Ratio

The Current P/S Ratio of BHARAT FORGE is 3.76.

Share Price ₹1,222.2Apr 24,2024
Market Cap ₹56,905.6 Cr
Sales-TTM₹15,146.9 CrTTM-Consolidated Results
Price/Sales3.76xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for BHARAT FORGE
Please provide your vote to see the results
BHARAT FORGE is part of below Screeners ↓
Top Mid Cap Stocks with Best Fundamentals
Best Quarterly Growth Mid Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of BHARAT FORGE

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 BHARAT FORGE is calculated as :

Current Market Cap [ ₹56,905.6 Cr] as on Apr 24,2024

(/) Sales [ ₹15,146.9 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.76x ]

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

Thus, for BHARAT FORGE , the investors are currently willing to pay '3.76 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 BHARAT FORGE !

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

Historical PS (Price/Sales) ratio chart of BHARAT FORGE


PS Ratio Performance Analysis for BHARAT FORGE

- BHARAT FORGE 's latest p/e ratio is 3.76x.

- BHARAT FORGE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.80x.

- BHARAT FORGE 's operated at median p/e ratio of 2.78x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHARAT FORGE 's p/e ratio peaked in Mar2021 at 4.38x.

- BHARAT FORGE 's p/e ratio hit its five-year low in Mar2020 of 1.35x.


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

Peer Comparison (Forgings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
BHARAT FORGE 15,146.93.7656,905.6
CIE AUTOMOTIVE INDIA LTD4,569.84.0418,476.8
RAMKRISHNA FORGINGS LTD3,823.33.6413,902.5
MM FORGINGS LTD1,553.91.642,546.9
LGB FORGE LTD117.72.17255.8
HILTON METAL FORGING LTD134.91.85249.9
KALYANI FORGE LTD244.40.64155.5
SAMRAT FORGINGS LTD167.80.90151.0
TIRUPATI FORGE LTD100.31.81181.8
GANGA FORGING LTD35.43.20113.4

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.64x
Max industry PS 4.04x
Median industry PS 2.17x
Average industry PS 2.37x



You may also like the below Video Courses