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IP RINGS
PS (Price/Sales) Ratio

The Current P/S Ratio of IP RINGS is 0.72.

Share Price ₹172.7May 10,2024
Market Cap ₹219.3 Cr
Sales-TTM₹304.2 CrTTM-Consolidated Results
Price/Sales0.72xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of IP RINGS

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 IP RINGS is calculated as :

Current Market Cap [ ₹219.3 Cr] as on May 10,2024

(/) Sales [ ₹304.2 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.72x ]

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

Thus, for IP RINGS , the investors are currently willing to pay '0.72 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 IP RINGS !

The chart below summarizes the trend in P/S Ratio of IP RINGS over the last five years.

Historical PS (Price/Sales) ratio chart of IP RINGS


PS Ratio Performance Analysis for IP RINGS

- IP RINGS 's latest p/e ratio is 0.72x.

- IP RINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 0.45x.

- IP RINGS 's operated at median p/e ratio of 0.55x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, IP RINGS 's p/e ratio peaked in Mar2022 at 0.55x.

- IP RINGS 's p/e ratio hit its five-year low in Mar2023 of 0.35x.


How does IP RINGS 's P/S Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Sales (Cr)PS RatioMarket Cap (Cr)
IP RINGS 304.20.72219.3
BOSCH LTD16,557.15.4189,652.3
SAMVARDHANA MOTHERSON INTERNATIONAL LTD94,110.40.9286,501.0
SONA BLW PRECISION FORGINGS LTD3,184.810.8734,627.6
UNO MINDA LTD13,125.83.2142,167.2
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD3,833.96.6525,477.7
ENDURANCE TECHNOLOGIES LTD9,790.43.0129,488.6
JBM AUTO LTD5,009.44.4522,276.0
TVS HOLDINGS LTD40,062.50.5120,604.1
MINDA CORPORATION LTD4,510.72.199,896.7
CRAFTSMAN AUTOMATION LTD4,451.72.049,096.8

Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs IP RINGS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.51x
Max industry PS 10.87x
Median industry PS 3.01x
Average industry PS 3.64x



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