HAPPY FORGINGS
|
The Current P/S Ratio of HAPPY FORGINGS is 9.64.
| Share Price | ₹1,802.6 | Nov 09,2026 |
| Market Cap | ₹17,016.5 Cr | |
| Sales-TTM | ₹1,765.3 Cr | TTM-Consolidated Results |
| Price/Sales | 9.64x | Calculated as Market Cap/Sales |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PS (Price/Sales) ratio of HAPPY FORGINGS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹17,016.5 Cr] as on Nov 09,2026
(/) Sales [ ₹1,765.3 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 9.64x ]
Thus, for HAPPY FORGINGS , the investors are currently willing to pay '9.64 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 HAPPY FORGINGS !
The chart below summarizes the trend in P/S Ratio of HAPPY FORGINGS over the last five years.
Historical PS (Price/Sales) ratio chart of HAPPY FORGINGS
PS Ratio Performance Analysis for HAPPY FORGINGS
- HAPPY FORGINGS 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 3.70x.
- HAPPY FORGINGS 's operated at median p/e ratio of 5.26x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HAPPY FORGINGS 's p/e ratio peaked in Mar2026 at 7.06x.
- HAPPY FORGINGS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does HAPPY FORGINGS 's P/S Ratio benchmark against top 10 peers in Forgings Industry?
| Peer Comparison (Forgings Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
|---|---|---|---|
| HAPPY FORGINGS | 1,765.3 | 9.64 | 17,016.5 |
| BHARAT FORGE LTD | 18,380.9 | 4.58 | 84,222.4 |
| RAMKRISHNA FORGINGS LTD | 4,937.4 | 2.68 | 13,231.2 |
| BALU FORGE INDUSTRIES LTD | 1,174.9 | 5.46 | 6,419.8 |
| MM FORGINGS LTD | 1,812.2 | 1.74 | 3,150.1 |
| TIRUPATI FORGE LTD | 185.9 | 4.59 | 853.1 |
| KALYANI FORGE LTD | 236.1 | 1.41 | 332.5 |
| LGB FORGE LTD | 103.6 | 1.16 | 120.1 |
| HILTON METAL FORGING LTD | 267.3 | 0.30 | 79.3 |
Forgings Industry Benchmark (Top 10) PS Analysis vs HAPPY FORGINGS 's P/S Ratio
| Top 10 Industry Peers | PS Ratio |
|---|---|
| Min industry PS | 0.30x |
| Max industry PS | 9.64x |
| Median industry PS | 2.68x |
| Average industry PS | 3.51x |
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