ELECTROSTEEL CASTINGS
|
The Current P/S Ratio of ELECTROSTEEL CASTINGS is 1.68.
Share Price | ₹199.1 | Apr 25,2024 |
Market Cap | ₹12,308.4 Cr | |
Sales-TTM | ₹7,346.1 Cr | TTM-Consolidated Results |
Price/Sales | 1.68x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ELECTROSTEEL CASTINGS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹12,308.4 Cr] as on Apr 25,2024
(/) Sales [ ₹7,346.1 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.68x ]
Thus, for ELECTROSTEEL CASTINGS , the investors are currently willing to pay '1.68 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 ELECTROSTEEL CASTINGS !
The chart below summarizes the trend in P/S Ratio of ELECTROSTEEL CASTINGS over the last five years.
Historical PS (Price/Sales) ratio chart of ELECTROSTEEL CASTINGS
PS Ratio Performance Analysis for ELECTROSTEEL CASTINGS
- ELECTROSTEEL CASTINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.29x.
- ELECTROSTEEL CASTINGS 's operated at median p/e ratio of 0.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELECTROSTEEL CASTINGS 's p/e ratio peaked in Mar2022 at 0.44x.
- ELECTROSTEEL CASTINGS 's p/e ratio hit its five-year low in Mar2020 of 0.15x.
How does ELECTROSTEEL CASTINGS 's P/S Ratio benchmark against top 10 peers in Castings/Forgings Industry?
Peer Comparison (Castings/Forgings Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ELECTROSTEEL CASTINGS | 7,346.1 | 1.68 | 12,308.4 |
AIA ENGINEERING LTD | 4,977.1 | 7.40 | 36,815.1 |
PTC INDUSTRIES LTD | 246.7 | 45.80 | 11,298.2 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 6,175.9 | 1.34 | 8,299.6 |
ALICON CASTALLOY LTD | 1,459.3 | 1.04 | 1,524.4 |
STEELCAST LTD | 431.7 | 3.03 | 1,306.4 |
NELCAST LTD | 1,284.7 | 1.04 | 1,340.3 |
UNI ABEX ALLOY PRODUCTS LTD | 187.2 | 2.86 | 536.2 |
SYNERGY GREEN INDUSTRIES LTD | 329.2 | 1.67 | 550.9 |
NITIN CASTINGS LTD | 139.5 | 2.37 | 331.1 |
INVESTMENT & PRECISION CASTINGS LTD | 175.7 | 1.91 | 336.1 |
Castings/Forgings Industry Benchmark (Top 10) PS Analysis vs ELECTROSTEEL CASTINGS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.04x |
Max industry PS | 45.80x |
Median industry PS | 1.91x |
Average industry PS | 6.38x |
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