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BIMETAL BEARINGS
PS (Price/Sales) Ratio

The Current P/S Ratio of BIMETAL BEARINGS is 0.94.

Share Price ₹566.1Mar 28,2024
Market Cap ₹215.1 Cr
Sales-TTM₹229.6 CrTTM-Consolidated Results
Price/Sales0.94xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of BIMETAL BEARINGS

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 BIMETAL BEARINGS is calculated as :

Current Market Cap [ ₹215.1 Cr] as on Mar 28,2024

(/) Sales [ ₹229.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.94x ]

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

Thus, for BIMETAL BEARINGS , the investors are currently willing to pay '0.94 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 BIMETAL BEARINGS !

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

Historical PS (Price/Sales) ratio chart of BIMETAL BEARINGS


PS Ratio Performance Analysis for BIMETAL BEARINGS

- BIMETAL BEARINGS 's latest p/e ratio is 0.94x.

- BIMETAL BEARINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.66x.

- BIMETAL BEARINGS 's operated at median p/e ratio of 0.63x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BIMETAL BEARINGS 's p/e ratio peaked in Mar2019 at 0.88x.

- BIMETAL BEARINGS 's p/e ratio hit its five-year low in Mar2020 of 0.49x.


How does BIMETAL BEARINGS 's P/S Ratio benchmark against top 10 peers in Bearings Industry?

Peer Comparison (Bearings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
BIMETAL BEARINGS 229.60.94215.1
SCHAEFFLER INDIA LTD7,226.16.0843,957.3
TIMKEN INDIA LTD2,814.37.6321,471.9
SKF INDIA LTD4,461.84.6120,579.5
ROLEX RINGS LTD1,204.93.954,754.3
NRB BEARINGS LTD1,121.92.322,598.0
GALAXY BEARINGS LTD131.23.62474.5
VISHAL BEARINGS LTD105.61.50158.7
SNL BEARINGS LTD47.62.19104.1

Bearings Industry Benchmark (Top 10) PS Analysis vs BIMETAL BEARINGS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.94x
Max industry PS 7.63x
Median industry PS 3.62x
Average industry PS 3.65x



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