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NITIRAJ ENGINEERS
PS (Price/Sales) Ratio

The Current P/S Ratio of NITIRAJ ENGINEERS is 3.32.

Share Price ₹196.3May 20,2026
Market Cap ₹202.2 Cr
Sales-TTM₹60.8 CrTTM-Standalone Results
Price/Sales3.32xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of NITIRAJ ENGINEERS

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 NITIRAJ ENGINEERS is calculated as :

Current Market Cap [ ₹202.2 Cr] as on May 20,2026

(/) Sales [ ₹60.8 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 3.32x ]

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

Thus, for NITIRAJ ENGINEERS , the investors are currently willing to pay '3.32 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 NITIRAJ ENGINEERS !

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

Historical PS (Price/Sales) ratio chart of NITIRAJ ENGINEERS


PS Ratio Performance Analysis for NITIRAJ ENGINEERS

- NITIRAJ ENGINEERS 's latest p/e ratio is 3.32x.

- NITIRAJ ENGINEERS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 1.95x.

- NITIRAJ ENGINEERS 's operated at median p/e ratio of 1.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NITIRAJ ENGINEERS 's p/e ratio peaked in Mar2025 at 3.57x.

- NITIRAJ ENGINEERS 's p/e ratio hit its five-year low in Mar2021 of 0.92x.


How does NITIRAJ ENGINEERS 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
NITIRAJ ENGINEERS 60.83.32202.2
BHARAT HEAVY ELECTRICALS LTD33,782.24.21142,225.0
THERMAX LTD10,686.84.9252,614.7
KIRLOSKAR OIL ENGINES LTD7,701.03.1424,176.7
TRIVENI TURBINE LTD2,181.19.5920,907.9
JYOTI CNC AUTOMATION LTD2,069.77.3715,251.0
INOX INDIA LTD1,587.18.2813,138.0
AZAD ENGINEERING LTD603.021.5112,972.9
TEGA INDUSTRIES LTD1,701.36.9811,867.9
ELECON ENGINEERING COMPANY LTD2,366.14.6110,905.8
KRN HEAT EXCHANGER AND REFRIGERATION LTD600.110.946,561.9

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs NITIRAJ ENGINEERS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 3.14x
Max industry PS 21.51x
Median industry PS 6.98x
Average industry PS 7.71x



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