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CIE AUTOMOTIVE INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of CIE AUTOMOTIVE INDIA is 4.07.

Share Price ₹490.6Apr 30,2024
Market Cap ₹18,611.5 Cr
Sales-TTM₹4,569.8 CrTTM-Standalone Results
Price/Sales4.07xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of CIE AUTOMOTIVE INDIA

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 CIE AUTOMOTIVE INDIA is calculated as :

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 ]

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

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 latest p/e ratio is 4.07x.

- 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 RatioMarket Cap (Cr)
CIE AUTOMOTIVE INDIA 4,569.84.0718,611.5
BHARAT FORGE LTD15,146.93.9159,183.3
RAMKRISHNA FORGINGS LTD3,823.33.5513,583.3
MM FORGINGS LTD1,553.91.792,785.2
LGB FORGE LTD117.72.07243.2
HILTON METAL FORGING LTD134.91.81243.7
KALYANI FORGE LTD244.40.66160.9
SAMRAT FORGINGS LTD167.81.13189.5
TIRUPATI FORGE LTD100.31.84184.7
GANGA FORGING LTD35.43.05108.0

Forgings Industry Benchmark (Top 10) PS Analysis vs CIE AUTOMOTIVE INDIA 's P/S Ratio

Top 10 Industry PeersPS 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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