RAMKRISHNA FORGINGS
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The Current P/S Ratio of RAMKRISHNA FORGINGS is 3.23.
Share Price | ₹705.2 | May 08,2024 |
Market Cap | ₹12,756.2 Cr | |
Sales-TTM | ₹3,954.9 Cr | TTM-Consolidated Results |
Price/Sales | 3.23x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of RAMKRISHNA FORGINGS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹12,756.2 Cr] as on May 08,2024
(/) Sales [ ₹3,954.9 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.23x ]
Thus, for RAMKRISHNA FORGINGS , the investors are currently willing to pay '3.23 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 RAMKRISHNA FORGINGS !
The chart below summarizes the trend in P/S Ratio of RAMKRISHNA FORGINGS over the last five years.
Historical PS (Price/Sales) ratio chart of RAMKRISHNA FORGINGS
PS Ratio Performance Analysis for RAMKRISHNA FORGINGS
- RAMKRISHNA FORGINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.02x.
- RAMKRISHNA FORGINGS 's operated at median p/e ratio of 1.09x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAMKRISHNA FORGINGS 's p/e ratio peaked in Mar2023 at 1.43x.
- RAMKRISHNA FORGINGS 's p/e ratio hit its five-year low in Mar2020 of 0.41x.
How does RAMKRISHNA FORGINGS 's P/S Ratio benchmark against top 10 peers in Forgings Industry?
Peer Comparison (Forgings Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
RAMKRISHNA FORGINGS | 3,954.9 | 3.23 | 12,756.2 |
BHARAT FORGE LTD | 15,682.1 | 4.18 | 65,559.5 |
CIE AUTOMOTIVE INDIA LTD | 4,591.9 | 4.00 | 18,376.3 |
MM FORGINGS LTD | 1,553.9 | 1.82 | 2,824.2 |
LGB FORGE LTD | 117.7 | 2.04 | 239.9 |
HILTON METAL FORGING LTD | 134.9 | 1.75 | 236.7 |
KALYANI FORGE LTD | 244.4 | 0.63 | 154.1 |
SAMRAT FORGINGS LTD | 167.8 | 1.03 | 173.1 |
TIRUPATI FORGE LTD | 100.3 | 1.78 | 178.4 |
GANGA FORGING LTD | 35.4 | 3.03 | 107.3 |
Forgings Industry Benchmark (Top 10) PS Analysis vs RAMKRISHNA FORGINGS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.63x |
Max industry PS | 4.18x |
Median industry PS | 2.04x |
Average industry PS | 2.35x |
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