ADANI ENERGY SOLUTIONS
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The Current P/S Ratio of ADANI ENERGY SOLUTIONS is 6.93.
Share Price | ₹1,032.4 | May 16,2024 |
Market Cap | ₹115,158.6 Cr | |
Sales-TTM | ₹16,607.4 Cr | TTM-Consolidated Results |
Price/Sales | 6.93x | Calculated as Market Cap/Sales |
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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 [ ₹115,158.6 Cr] as on May 16,2024
(/) Sales [ ₹16,607.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 6.93x ]
Thus, for ADANI ENERGY SOLUTIONS , the investors are currently willing to pay '6.93 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 Mar2023 to Mar2019 averaged 9.34x.
- 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 | 16,607.4 | 6.93 | 115,158.6 |
NTPC LTD | 175,132.0 | 2.00 | 350,438.0 |
ADANI GREEN ENERGY LTD | 9,234.0 | 31.63 | 292,056.0 |
POWER GRID CORPORATION OF INDIA LTD | 46,128.7 | 6.30 | 290,690.0 |
ADANI POWER LTD | 50,351.2 | 4.90 | 246,825.0 |
TATA POWER COMPANY LTD | 61,448.9 | 2.26 | 138,646.0 |
NHPC LTD | 9,772.8 | 10.09 | 98,612.1 |
JSW ENERGY LTD | 11,485.9 | 9.04 | 103,817.0 |
TORRENT POWER LTD | 26,692.5 | 2.41 | 64,323.4 |
SJVN LTD | 2,600.2 | 19.92 | 51,794.7 |
NLC INDIA LTD | 12,999.0 | 2.43 | 31,566.8 |
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 | 2.00x |
Max industry PS | 31.63x |
Median industry PS | 6.30x |
Average industry PS | 8.90x |
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