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TIRUPATI FORGE
PS (Price/Sales) Ratio

The Current P/S Ratio of TIRUPATI FORGE is 1.86.

Share Price ₹19.1Apr 16,2024
Market Cap ₹186.7 Cr
Sales-TTM₹100.3 CrTTM-Standalone Results
Price/Sales1.86xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TIRUPATI FORGE

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 TIRUPATI FORGE is calculated as :

Current Market Cap [ ₹186.7 Cr] as on Apr 16,2024

(/) Sales [ ₹100.3 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.86x ]

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

Thus, for TIRUPATI FORGE , the investors are currently willing to pay '1.86 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 TIRUPATI FORGE !

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

Historical PS (Price/Sales) ratio chart of TIRUPATI FORGE


PS Ratio Performance Analysis for TIRUPATI FORGE

- TIRUPATI FORGE 's latest p/e ratio is 1.86x.

- TIRUPATI FORGE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.95x.

- TIRUPATI FORGE 's operated at median p/e ratio of 0.97x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TIRUPATI FORGE 's p/e ratio peaked in Mar2022 at 1.18x.

- TIRUPATI FORGE 's p/e ratio hit its five-year low in Mar2019 of 0.66x.


How does TIRUPATI FORGE 's P/S Ratio benchmark against top 10 peers in Forgings Industry?

Peer Comparison (Forgings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TIRUPATI FORGE 100.31.86186.7
BHARAT FORGE LTD15,146.93.6355,046.5
CIE AUTOMOTIVE INDIA LTD4,569.83.9718,154.4
RAMKRISHNA FORGINGS LTD3,823.33.4313,101.3
MM FORGINGS LTD1,553.91.422,201.3
LGB FORGE LTD117.72.03238.4
HILTON METAL FORGING LTD134.91.84248.1
KALYANI FORGE LTD244.40.66160.2
SAMRAT FORGINGS LTD167.80.95160.0
GANGA FORGING LTD35.43.49123.4

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.66x
Max industry PS 3.97x
Median industry PS 2.03x
Average industry PS 2.33x



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