STEELCAST
|
The Current P/S Ratio of STEELCAST is 3.09.
Share Price | ₹660.0 | Apr 23,2024 |
Market Cap | ₹1,333.2 Cr | |
Sales-TTM | ₹431.7 Cr | TTM-Standalone Results |
Price/Sales | 3.09x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of STEELCAST
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,333.2 Cr] as on Apr 23,2024
(/) Sales [ ₹431.7 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 3.09x ]
Thus, for STEELCAST , the investors are currently willing to pay '3.09 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 STEELCAST !
The chart below summarizes the trend in P/S Ratio of STEELCAST over the last five years.
Historical PS (Price/Sales) ratio chart of STEELCAST
PS Ratio Performance Analysis for STEELCAST
- STEELCAST 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.56x.
- STEELCAST 's operated at median p/e ratio of 1.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, STEELCAST 's p/e ratio peaked in Mar2022 at 2.34x.
- STEELCAST 's p/e ratio hit its five-year low in Mar2020 of 0.79x.
How does STEELCAST '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) |
---|---|---|---|
STEELCAST | 431.7 | 3.09 | 1,333.2 |
AIA ENGINEERING LTD | 4,977.1 | 7.27 | 36,204.9 |
PTC INDUSTRIES LTD | 246.7 | 44.34 | 10,939.3 |
ELECTROSTEEL CASTINGS LTD | 7,346.1 | 1.72 | 12,604.8 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 6,175.9 | 1.36 | 8,390.9 |
ALICON CASTALLOY LTD | 1,459.3 | 1.01 | 1,476.3 |
NELCAST LTD | 1,284.7 | 1.03 | 1,325.0 |
UNI ABEX ALLOY PRODUCTS LTD | 187.2 | 2.85 | 533.2 |
SYNERGY GREEN INDUSTRIES LTD | 329.2 | 1.56 | 512.6 |
NITIN CASTINGS LTD | 139.5 | 2.32 | 323.0 |
INVESTMENT & PRECISION CASTINGS LTD | 175.7 | 1.70 | 298.3 |
Castings/Forgings Industry Benchmark (Top 10) PS Analysis vs STEELCAST 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.01x |
Max industry PS | 44.34x |
Median industry PS | 1.72x |
Average industry PS | 6.20x |
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