ADANI ENERGY SOLUTIONS
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The Current P/S Ratio of ADANI ENERGY SOLUTIONS is 6.46.
Share Price | ₹985.5 | Sep 06,2024 |
Market Cap | ₹118,388.1 Cr | |
Sales-TTM | ₹18,322.0 Cr | TTM-Consolidated Results |
Price/Sales | 6.46x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ADANI ENERGY SOLUTIONS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹118,388.1 Cr] as on Sep 06,2024
(/) Sales [ ₹18,322.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 6.46x ]
Thus, for ADANI ENERGY SOLUTIONS , the investors are currently willing to pay '6.46 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 ADANI ENERGY SOLUTIONS !
The chart below summarizes the trend in P/S Ratio of ADANI ENERGY SOLUTIONS over the last five years.
Historical PS (Price/Sales) ratio chart of ADANI ENERGY SOLUTIONS
PS Ratio Performance Analysis for ADANI ENERGY SOLUTIONS
- ADANI ENERGY SOLUTIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.06x.
- ADANI ENERGY SOLUTIONS 's operated at median p/e ratio of 8.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADANI ENERGY SOLUTIONS 's p/e ratio peaked in Mar2022 at 23.18x.
- ADANI ENERGY SOLUTIONS 's p/e ratio hit its five-year low in Mar2020 of 1.82x.
How does ADANI ENERGY SOLUTIONS 's P/S Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?
Peer Comparison (Power Generation/Distribution Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ADANI ENERGY SOLUTIONS | 18,322.0 | 6.46 | 118,388.1 |
NTPC LTD | 183,946.0 | 2.08 | 383,164.0 |
ADANI GREEN ENERGY LTD | 9,892.0 | 29.86 | 295,422.0 |
POWER GRID CORPORATION OF INDIA LTD | 45,801.1 | 6.70 | 306,641.0 |
ADANI POWER LTD | 54,301.3 | 4.51 | 244,935.0 |
TATA POWER COMPANY LTD | 63,529.2 | 2.10 | 133,230.0 |
NHPC LTD | 9,569.1 | 10.08 | 96,502.6 |
JSW ENERGY LTD | 11,437.5 | 10.84 | 124,013.0 |
TORRENT POWER LTD | 28,889.3 | 2.82 | 81,452.5 |
SJVN LTD | 2,775.0 | 18.48 | 51,283.8 |
NLC INDIA LTD | 13,058.6 | 2.86 | 37,314.4 |
Power Generation/Distribution Industry Benchmark (Top 10) PS Analysis vs ADANI ENERGY SOLUTIONS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.08x |
Max industry PS | 29.86x |
Median industry PS | 6.46x |
Average industry PS | 8.80x |
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