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STEELCAST
PS (Price/Sales) Ratio

The Current P/S Ratio of STEELCAST is 3.09.

Share Price ₹660.0Apr 23,2024
Market Cap ₹1,333.2 Cr
Sales-TTM₹431.7 CrTTM-Standalone Results
Price/Sales3.09xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of STEELCAST

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 STEELCAST is calculated as :

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 ]

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

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 latest p/e ratio is 3.09x.

- 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 RatioMarket Cap (Cr)
STEELCAST 431.73.091,333.2
AIA ENGINEERING LTD4,977.17.2736,204.9
PTC INDUSTRIES LTD246.744.3410,939.3
ELECTROSTEEL CASTINGS LTD7,346.11.7212,604.8
KIRLOSKAR FERROUS INDUSTRIES LTD6,175.91.368,390.9
ALICON CASTALLOY LTD1,459.31.011,476.3
NELCAST LTD1,284.71.031,325.0
UNI ABEX ALLOY PRODUCTS LTD187.22.85533.2
SYNERGY GREEN INDUSTRIES LTD329.21.56512.6
NITIN CASTINGS LTD139.52.32323.0
INVESTMENT & PRECISION CASTINGS LTD175.71.70298.3

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

Top 10 Industry PeersPS 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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