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FORBES & COMPANY
PS (Price/Sales) Ratio

The Current P/S Ratio of FORBES & COMPANY is 1.79.

Share Price ₹487.3Apr 22,2024
Market Cap ₹628.6 Cr
Sales-TTM₹350.8 CrTTM-Consolidated Results
Price/Sales1.79xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of FORBES & COMPANY

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 FORBES & COMPANY is calculated as :

Current Market Cap [ ₹628.6 Cr] as on Apr 22,2024

(/) Sales [ ₹350.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.79x ]

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

Thus, for FORBES & COMPANY , the investors are currently willing to pay '1.79 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 FORBES & COMPANY !

The chart below summarizes the trend in P/S Ratio of FORBES & COMPANY over the last five years.

Historical PS (Price/Sales) ratio chart of FORBES & COMPANY


PS Ratio Performance Analysis for FORBES & COMPANY

- FORBES & COMPANY 's latest p/e ratio is 1.79x.

- FORBES & COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.30x.

- FORBES & COMPANY 's operated at median p/e ratio of 1.03x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, FORBES & COMPANY 's p/e ratio peaked in Mar2021 at 2.39x.

- FORBES & COMPANY 's p/e ratio hit its five-year low in Mar2020 of 0.36x.


How does FORBES & COMPANY 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
FORBES & COMPANY 350.81.79628.6
BHARAT ELECTRONICS LTD18,183.39.40170,939.0
BHARAT HEAVY ELECTRICALS LTD23,859.53.7890,272.5
THERMAX LTD8,870.66.1754,765.4
TRIVENI TURBINE LTD1,565.710.7616,849.1
KIRLOSKAR OIL ENGINES LTD5,622.12.4213,602.9
ELECON ENGINEERING COMPANY LTD1,937.46.6912,958.5
PRAJ INDUSTRIES LTD3,451.72.749,466.4
SHRIRAM PISTONS & RINGS LTD2,934.83.079,002.2
KIRLOSKAR BROTHERS LTD3,902.02.559,947.2
TEGA INDUSTRIES LTD1,382.16.979,640.0

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs FORBES & COMPANY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.79x
Max industry PS 10.76x
Median industry PS 3.78x
Average industry PS 5.12x



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