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NATIONAL FITTINGS
PS (Price/Sales) Ratio

The Current P/S Ratio of NATIONAL FITTINGS is 1.51.

Share Price ₹125.7May 15,2024
Market Cap ₹114.3 Cr
Sales-TTM₹75.7 CrTTM-Standalone Results
Price/Sales1.51xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of NATIONAL FITTINGS

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 NATIONAL FITTINGS is calculated as :

Current Market Cap [ ₹114.3 Cr] as on May 15,2024

(/) Sales [ ₹75.7 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.51x ]

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

Thus, for NATIONAL FITTINGS , the investors are currently willing to pay '1.51 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 NATIONAL FITTINGS !

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

Historical PS (Price/Sales) ratio chart of NATIONAL FITTINGS


PS Ratio Performance Analysis for NATIONAL FITTINGS

- NATIONAL FITTINGS 's latest p/e ratio is 1.51x.

- NATIONAL FITTINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.83x.

- NATIONAL FITTINGS 's operated at median p/e ratio of 0.64x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NATIONAL FITTINGS 's p/e ratio peaked in Mar2019 at 1.77x.

- NATIONAL FITTINGS 's p/e ratio hit its five-year low in Mar2020 of 0.35x.


How does NATIONAL FITTINGS 's P/S Ratio benchmark against top 10 peers in Castings/Forgings Industry?

Peer Comparison (Castings/Forgings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
NATIONAL FITTINGS 75.71.51114.3
AIA ENGINEERING LTD4,853.87.3035,447.9
PTC INDUSTRIES LTD246.743.4110,708.8
ELECTROSTEEL CASTINGS LTD7,478.01.4010,478.2
KIRLOSKAR FERROUS INDUSTRIES LTD6,175.91.318,093.4
ALICON CASTALLOY LTD1,459.30.961,399.6
STEELCAST LTD431.73.121,347.7
NELCAST LTD1,266.91.001,270.2
UNI ABEX ALLOY PRODUCTS LTD180.92.69486.8
SYNERGY GREEN INDUSTRIES LTD329.21.52500.8
NITIN CASTINGS LTD139.52.33325.4

Castings/Forgings Industry Benchmark (Top 10) PS Analysis vs NATIONAL FITTINGS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.96x
Max industry PS 43.41x
Median industry PS 1.52x
Average industry PS 6.05x



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