MAGNA ELECTRO CASTINGS
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The Current P/S Ratio of MAGNA ELECTRO CASTINGS is 1.38.
Share Price | ₹474.8 | Apr 26,2024 |
Market Cap | ₹199.4 Cr | |
Sales-TTM | ₹144.2 Cr | TTM-Standalone Results |
Price/Sales | 1.38x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of MAGNA ELECTRO CASTINGS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹199.4 Cr] as on Apr 26,2024
(/) Sales [ ₹144.2 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.38x ]
Thus, for MAGNA ELECTRO CASTINGS , the investors are currently willing to pay '1.38 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 MAGNA ELECTRO CASTINGS !
The chart below summarizes the trend in P/S Ratio of MAGNA ELECTRO CASTINGS over the last five years.
Historical PS (Price/Sales) ratio chart of MAGNA ELECTRO CASTINGS
PS Ratio Performance Analysis for MAGNA ELECTRO CASTINGS
- MAGNA ELECTRO CASTINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.65x.
- MAGNA ELECTRO CASTINGS 's operated at median p/e ratio of 0.71x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MAGNA ELECTRO CASTINGS 's p/e ratio peaked in Mar2021 at 0.74x.
- MAGNA ELECTRO CASTINGS 's p/e ratio hit its five-year low in Mar2020 of 0.48x.
How does MAGNA ELECTRO CASTINGS 's P/S Ratio benchmark against top 10 peers in Castings/Forgings Industry?
Peer Comparison (Castings/Forgings Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
MAGNA ELECTRO CASTINGS | 144.2 | 1.38 | 199.4 |
AIA ENGINEERING LTD | 4,977.1 | 7.40 | 36,843.4 |
PTC INDUSTRIES LTD | 246.7 | 44.94 | 11,085.7 |
ELECTROSTEEL CASTINGS LTD | 7,346.1 | 1.62 | 11,937.1 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 6,175.9 | 1.37 | 8,457.1 |
ALICON CASTALLOY LTD | 1,459.3 | 1.03 | 1,503.6 |
STEELCAST LTD | 431.7 | 3.10 | 1,338.4 |
NELCAST LTD | 1,284.7 | 1.03 | 1,322.4 |
UNI ABEX ALLOY PRODUCTS LTD | 187.2 | 2.89 | 542.0 |
SYNERGY GREEN INDUSTRIES LTD | 329.2 | 1.62 | 532.6 |
NITIN CASTINGS LTD | 139.5 | 2.39 | 332.8 |
Castings/Forgings Industry Benchmark (Top 10) PS Analysis vs MAGNA ELECTRO CASTINGS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.03x |
Max industry PS | 44.94x |
Median industry PS | 1.62x |
Average industry PS | 6.25x |
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