IP RINGS
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The Current P/S Ratio of IP RINGS is 0.72.
Share Price | ₹172.7 | May 10,2024 |
Market Cap | ₹219.3 Cr | |
Sales-TTM | ₹304.2 Cr | TTM-Consolidated Results |
Price/Sales | 0.72x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of IP RINGS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
IP RINGS | 304.2 | 0.72 | 219.3 |
BOSCH LTD | 16,557.1 | 5.41 | 89,652.3 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 94,110.4 | 0.92 | 86,501.0 |
SONA BLW PRECISION FORGINGS LTD | 3,184.8 | 10.87 | 34,627.6 |
UNO MINDA LTD | 13,125.8 | 3.21 | 42,167.2 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 3,833.9 | 6.65 | 25,477.7 |
ENDURANCE TECHNOLOGIES LTD | 9,790.4 | 3.01 | 29,488.6 |
JBM AUTO LTD | 5,009.4 | 4.45 | 22,276.0 |
TVS HOLDINGS LTD | 40,062.5 | 0.51 | 20,604.1 |
MINDA CORPORATION LTD | 4,510.7 | 2.19 | 9,896.7 |
CRAFTSMAN AUTOMATION LTD | 4,451.7 | 2.04 | 9,096.8 |
Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs IP RINGS 's P/S Ratio
Top 10 Industry Peers | PS 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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