Home > PS Ratio > GANGA FORGING

GANGA FORGING
PS (Price/Sales) Ratio

The Current P/S Ratio of GANGA FORGING is 3.16.

Share Price ₹8.4Apr 26,2024
Market Cap ₹112.1 Cr
Sales-TTM₹35.4 CrTTM-Standalone Results
Price/Sales3.16xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for GANGA FORGING
Please provide your vote to see the results
GANGA FORGING is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of GANGA FORGING

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 GANGA FORGING is calculated as :

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 ]

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

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 latest p/e ratio is 3.16x.

- 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 RatioMarket Cap (Cr)
GANGA FORGING 35.43.16112.1
BHARAT FORGE LTD15,146.94.0361,010.7
CIE AUTOMOTIVE INDIA LTD4,569.84.0718,581.2
RAMKRISHNA FORGINGS LTD3,823.33.6113,785.0
MM FORGINGS LTD1,553.91.772,747.6
LGB FORGE LTD117.72.11248.5
HILTON METAL FORGING LTD134.91.83247.3
KALYANI FORGE LTD244.40.65158.0
SAMRAT FORGINGS LTD167.80.99166.0
TIRUPATI FORGE LTD100.31.82182.8

Forgings Industry Benchmark (Top 10) PS Analysis vs GANGA FORGING 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.65x
Max industry PS 4.07x
Median industry PS 2.11x
Average industry PS 2.40x



You may also like the below Video Courses