BHARAT FORGE
|
The Current P/S Ratio of BHARAT FORGE is 3.76.
Share Price | ₹1,222.2 | Apr 24,2024 |
Market Cap | ₹56,905.6 Cr | |
Sales-TTM | ₹15,146.9 Cr | TTM-Consolidated Results |
Price/Sales | 3.76x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of BHARAT FORGE
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
BHARAT FORGE | 15,146.9 | 3.76 | 56,905.6 |
CIE AUTOMOTIVE INDIA LTD | 4,569.8 | 4.04 | 18,476.8 |
RAMKRISHNA FORGINGS LTD | 3,823.3 | 3.64 | 13,902.5 |
MM FORGINGS LTD | 1,553.9 | 1.64 | 2,546.9 |
LGB FORGE LTD | 117.7 | 2.17 | 255.8 |
HILTON METAL FORGING LTD | 134.9 | 1.85 | 249.9 |
KALYANI FORGE LTD | 244.4 | 0.64 | 155.5 |
SAMRAT FORGINGS LTD | 167.8 | 0.90 | 151.0 |
TIRUPATI FORGE LTD | 100.3 | 1.81 | 181.8 |
GANGA FORGING LTD | 35.4 | 3.20 | 113.4 |
Forgings Industry Benchmark (Top 10) PS Analysis vs BHARAT FORGE 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.64x |
Max industry PS | 4.04x |
Median industry PS | 2.17x |
Average industry PS | 2.37x |
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