TIRUPATI FORGE
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The Current P/S Ratio of TIRUPATI FORGE is 1.86.
Share Price | ₹19.1 | Apr 16,2024 |
Market Cap | ₹186.7 Cr | |
Sales-TTM | ₹100.3 Cr | TTM-Standalone Results |
Price/Sales | 1.86x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of TIRUPATI FORGE
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
TIRUPATI FORGE | 100.3 | 1.86 | 186.7 |
BHARAT FORGE LTD | 15,146.9 | 3.63 | 55,046.5 |
CIE AUTOMOTIVE INDIA LTD | 4,569.8 | 3.97 | 18,154.4 |
RAMKRISHNA FORGINGS LTD | 3,823.3 | 3.43 | 13,101.3 |
MM FORGINGS LTD | 1,553.9 | 1.42 | 2,201.3 |
LGB FORGE LTD | 117.7 | 2.03 | 238.4 |
HILTON METAL FORGING LTD | 134.9 | 1.84 | 248.1 |
KALYANI FORGE LTD | 244.4 | 0.66 | 160.2 |
SAMRAT FORGINGS LTD | 167.8 | 0.95 | 160.0 |
GANGA FORGING LTD | 35.4 | 3.49 | 123.4 |
Forgings Industry Benchmark (Top 10) PS Analysis vs TIRUPATI FORGE 's P/S Ratio
Top 10 Industry Peers | PS 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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