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ADANI ENTERPRISES
PS (Price/Sales) Ratio

The Current P/S Ratio of ADANI ENTERPRISES is 3.29.

Share Price ₹3,040.9May 16,2024
Market Cap ₹346,662.6 Cr
Sales-TTM₹105,472.0 CrTTM-Consolidated Results
Price/Sales3.29xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ADANI ENTERPRISES

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 ADANI ENTERPRISES is calculated as :

Current Market Cap [ ₹346,662.6 Cr] as on May 16,2024

(/) Sales [ ₹105,472.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.29x ]

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

Thus, for ADANI ENTERPRISES , the investors are currently willing to pay '3.29 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 ENTERPRISES !

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

Historical PS (Price/Sales) ratio chart of ADANI ENTERPRISES


PS Ratio Performance Analysis for ADANI ENTERPRISES

- ADANI ENTERPRISES 's latest p/e ratio is 3.29x.

- ADANI ENTERPRISES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.65x.

- ADANI ENTERPRISES 's operated at median p/e ratio of 1.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ADANI ENTERPRISES 's p/e ratio peaked in Mar2022 at 3.19x.

- ADANI ENTERPRISES 's p/e ratio hit its five-year low in Mar2020 of 0.35x.


How does ADANI ENTERPRISES 's P/S Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ADANI ENTERPRISES 105,472.03.29346,662.6
REDINGTON LTD89,345.70.1916,679.2
HONASA CONSUMER LTD1,777.07.5313,381.6
MMTC LTD712.915.1310,786.5
MSTC LTD748.38.606,436.0
LLOYDS ENTERPRISES LTD958.44.364,176.4
VERITAS (INDIA) LTD3,419.01.063,609.0
NOVARTIS INDIA LTD335.17.832,624.3
OPTIEMUS INFRACOM LTD1,378.11.702,336.2
MISHTANN FOODS LTD322.45.861,890.7
SIRCA PAINTS INDIA LTD297.45.681,689.5

Trading Industry Benchmark (Top 10) PS Analysis vs ADANI ENTERPRISES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.19x
Max industry PS 15.13x
Median industry PS 5.68x
Average industry PS 5.57x



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