CIE AUTOMOTIVE INDIA
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The Current P/S Ratio of CIE AUTOMOTIVE INDIA is 4.07.
Share Price | ₹490.6 | Apr 30,2024 |
Market Cap | ₹18,611.5 Cr | |
Sales-TTM | ₹4,569.8 Cr | TTM-Standalone Results |
Price/Sales | 4.07x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of CIE AUTOMOTIVE INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹18,611.5 Cr] as on Apr 30,2024
(/) Sales [ ₹4,569.8 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 4.07x ]
Thus, for CIE AUTOMOTIVE INDIA , the investors are currently willing to pay '4.07 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 CIE AUTOMOTIVE INDIA !
The chart below summarizes the trend in P/S Ratio of CIE AUTOMOTIVE INDIA over the last five years.
Historical PS (Price/Sales) ratio chart of CIE AUTOMOTIVE INDIA
PS Ratio Performance Analysis for CIE AUTOMOTIVE INDIA
- CIE AUTOMOTIVE INDIA 's p/e ratio for fiscal years ending Dec2022 to Dec2018 averaged 2.79x.
- CIE AUTOMOTIVE INDIA 's operated at median p/e ratio of 2.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CIE AUTOMOTIVE INDIA 's p/e ratio peaked in Dec2018 at 3.08x.
- CIE AUTOMOTIVE INDIA 's p/e ratio hit its five-year low in Dec2019 of 2.16x.
How does CIE AUTOMOTIVE INDIA 's P/S Ratio benchmark against top 10 peers in Forgings Industry?
Peer Comparison (Forgings Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
CIE AUTOMOTIVE INDIA | 4,569.8 | 4.07 | 18,611.5 |
BHARAT FORGE LTD | 15,146.9 | 3.91 | 59,183.3 |
RAMKRISHNA FORGINGS LTD | 3,823.3 | 3.55 | 13,583.3 |
MM FORGINGS LTD | 1,553.9 | 1.79 | 2,785.2 |
LGB FORGE LTD | 117.7 | 2.07 | 243.2 |
HILTON METAL FORGING LTD | 134.9 | 1.81 | 243.7 |
KALYANI FORGE LTD | 244.4 | 0.66 | 160.9 |
SAMRAT FORGINGS LTD | 167.8 | 1.13 | 189.5 |
TIRUPATI FORGE LTD | 100.3 | 1.84 | 184.7 |
GANGA FORGING LTD | 35.4 | 3.05 | 108.0 |
Forgings Industry Benchmark (Top 10) PS Analysis vs CIE AUTOMOTIVE INDIA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.66x |
Max industry PS | 4.07x |
Median industry PS | 2.07x |
Average industry PS | 2.39x |
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