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INVESTMENT & PRECISION CASTINGS
PS (Price/Sales) Ratio

The Current P/S Ratio of INVESTMENT & PRECISION CASTINGS is 1.90.

Share Price ₹666.8Apr 26,2024
Market Cap ₹333.4 Cr
Sales-TTM₹175.7 CrTTM-Consolidated Results
Price/Sales1.90xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INVESTMENT & PRECISION CASTINGS

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 INVESTMENT & PRECISION CASTINGS is calculated as :

Current Market Cap [ ₹333.4 Cr] as on Apr 26,2024

(/) Sales [ ₹175.7 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.90x ]

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

Thus, for INVESTMENT & PRECISION CASTINGS , the investors are currently willing to pay '1.90 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 INVESTMENT & PRECISION CASTINGS !

The chart below summarizes the trend in P/S Ratio of INVESTMENT & PRECISION CASTINGS over the last five years.

Historical PS (Price/Sales) ratio chart of INVESTMENT & PRECISION CASTINGS


PS Ratio Performance Analysis for INVESTMENT & PRECISION CASTINGS

- INVESTMENT & PRECISION CASTINGS 's latest p/e ratio is 1.90x.

- INVESTMENT & PRECISION CASTINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.98x.

- INVESTMENT & PRECISION CASTINGS 's operated at median p/e ratio of 0.86x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INVESTMENT & PRECISION CASTINGS 's p/e ratio peaked in Mar2019 at 1.22x.

- INVESTMENT & PRECISION CASTINGS 's p/e ratio hit its five-year low in Mar2020 of 0.76x.


How does INVESTMENT & PRECISION CASTINGS 's P/S Ratio benchmark against top 10 peers in Castings/Forgings Industry?

Peer Comparison (Castings/Forgings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
INVESTMENT & PRECISION CASTINGS 175.71.90333.4
AIA ENGINEERING LTD4,977.17.4036,843.4
PTC INDUSTRIES LTD246.744.9411,085.7
ELECTROSTEEL CASTINGS LTD7,346.11.6211,937.1
KIRLOSKAR FERROUS INDUSTRIES LTD6,175.91.378,457.1
ALICON CASTALLOY LTD1,459.31.031,503.6
STEELCAST LTD431.73.101,338.4
NELCAST LTD1,284.71.031,322.4
UNI ABEX ALLOY PRODUCTS LTD187.22.89542.0
SYNERGY GREEN INDUSTRIES LTD329.21.62532.6
NITIN CASTINGS LTD139.52.39332.8

Castings/Forgings Industry Benchmark (Top 10) PS Analysis vs INVESTMENT & PRECISION CASTINGS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.03x
Max industry PS 44.94x
Median industry PS 1.90x
Average industry PS 6.30x



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