NELCAST
|
The Current P/S Ratio of NELCAST is 1.04.
Share Price | ₹154.0 | Apr 24,2024 |
Market Cap | ₹1,339.8 Cr | |
Sales-TTM | ₹1,284.7 Cr | TTM-Consolidated Results |
Price/Sales | 1.04x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of NELCAST
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,339.8 Cr] as on Apr 24,2024
(/) Sales [ ₹1,284.7 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.04x ]
Thus, for NELCAST , the investors are currently willing to pay '1.04 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 NELCAST !
The chart below summarizes the trend in P/S Ratio of NELCAST over the last five years.
Historical PS (Price/Sales) ratio chart of NELCAST
PS Ratio Performance Analysis for NELCAST
- NELCAST 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.65x.
- NELCAST 's operated at median p/e ratio of 0.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NELCAST 's p/e ratio peaked in Mar2021 at 0.92x.
- NELCAST 's p/e ratio hit its five-year low in Mar2020 of 0.46x.
How does NELCAST '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) |
---|---|---|---|
NELCAST | 1,284.7 | 1.04 | 1,339.8 |
AIA ENGINEERING LTD | 4,977.1 | 7.37 | 36,669.4 |
PTC INDUSTRIES LTD | 246.7 | 43.91 | 10,831.6 |
ELECTROSTEEL CASTINGS LTD | 7,346.1 | 1.71 | 12,570.8 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 6,175.9 | 1.35 | 8,319.1 |
ALICON CASTALLOY LTD | 1,459.3 | 1.03 | 1,502.8 |
STEELCAST LTD | 431.7 | 3.07 | 1,326.4 |
UNI ABEX ALLOY PRODUCTS LTD | 187.2 | 2.84 | 532.7 |
SYNERGY GREEN INDUSTRIES LTD | 329.2 | 1.54 | 506.8 |
NITIN CASTINGS LTD | 139.5 | 2.34 | 326.4 |
INVESTMENT & PRECISION CASTINGS LTD | 175.7 | 1.71 | 300.9 |
Castings/Forgings Industry Benchmark (Top 10) PS Analysis vs NELCAST 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.03x |
Max industry PS | 43.91x |
Median industry PS | 1.71x |
Average industry PS | 6.17x |
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