GANGA FORGING
|
The Current P/S Ratio of GANGA FORGING is 3.16.
Share Price | ₹8.4 | Apr 26,2024 |
Market Cap | ₹112.1 Cr | |
Sales-TTM | ₹35.4 Cr | TTM-Standalone Results |
Price/Sales | 3.16x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of GANGA FORGING
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹112.1 Cr] as on Apr 26,2024
(/) Sales [ ₹35.4 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 3.16x ]
Thus, for GANGA FORGING , the investors are currently willing to pay '3.16 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 GANGA FORGING !
The chart below summarizes the trend in P/S Ratio of GANGA FORGING over the last five years.
Historical PS (Price/Sales) ratio chart of GANGA FORGING
PS Ratio Performance Analysis for GANGA FORGING
- GANGA FORGING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.36x.
- GANGA FORGING 's operated at median p/e ratio of 0.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GANGA FORGING 's p/e ratio peaked in Mar2022 at 2.83x.
- GANGA FORGING 's p/e ratio hit its five-year low in Mar2020 of 0.39x.
How does GANGA FORGING 's P/S Ratio benchmark against top 10 peers in Forgings Industry?
Peer Comparison (Forgings Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
GANGA FORGING | 35.4 | 3.16 | 112.1 |
BHARAT FORGE LTD | 15,146.9 | 4.03 | 61,010.7 |
CIE AUTOMOTIVE INDIA LTD | 4,569.8 | 4.07 | 18,581.2 |
RAMKRISHNA FORGINGS LTD | 3,823.3 | 3.61 | 13,785.0 |
MM FORGINGS LTD | 1,553.9 | 1.77 | 2,747.6 |
LGB FORGE LTD | 117.7 | 2.11 | 248.5 |
HILTON METAL FORGING LTD | 134.9 | 1.83 | 247.3 |
KALYANI FORGE LTD | 244.4 | 0.65 | 158.0 |
SAMRAT FORGINGS LTD | 167.8 | 0.99 | 166.0 |
TIRUPATI FORGE LTD | 100.3 | 1.82 | 182.8 |
Forgings Industry Benchmark (Top 10) PS Analysis vs GANGA FORGING 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.65x |
Max industry PS | 4.07x |
Median industry PS | 2.11x |
Average industry PS | 2.40x |
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