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ADANI GREEN ENERGY
PS (Price/Sales) Ratio

The Current P/S Ratio of ADANI GREEN ENERGY is 14.61.

Share Price ₹989.3Nov 27,2024
Market Cap ₹156,705.1 Cr
Sales-TTM₹10,727.0 CrTTM-Consolidated Results
Price/Sales14.61xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ADANI GREEN ENERGY

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 GREEN ENERGY is calculated as :

Current Market Cap [ ₹156,705.1 Cr] as on Nov 27,2024

(/) Sales [ ₹10,727.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 14.61x ]

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

Thus, for ADANI GREEN ENERGY , the investors are currently willing to pay '14.61 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 GREEN ENERGY !

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

Historical PS (Price/Sales) ratio chart of ADANI GREEN ENERGY


PS Ratio Performance Analysis for ADANI GREEN ENERGY

- ADANI GREEN ENERGY 's latest p/e ratio is 14.61x.

- ADANI GREEN ENERGY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 34.50x.

- ADANI GREEN ENERGY 's operated at median p/e ratio of 31.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ADANI GREEN ENERGY 's p/e ratio peaked in Mar2022 at 58.3x.

- ADANI GREEN ENERGY 's p/e ratio hit its five-year low in Mar2020 of 9.43x.


How does ADANI GREEN ENERGY 's P/S Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ADANI GREEN ENERGY 10,727.014.61156,705.1
NTPC LTD183,659.01.95358,001.0
POWER GRID CORPORATION OF INDIA LTD45,811.86.88315,290.0
ADANI POWER LTD54,649.63.70202,026.0
TATA POWER COMPANY LTD63,488.92.10133,501.0
ADANI ENERGY SOLUTIONS LTD20,831.83.8179,434.8
NHPC LTD9,689.88.6083,353.7
JSW ENERGY LTD11,415.810.31117,730.0
TORRENT POWER LTD29,104.22.5373,632.9
SJVN LTD2,922.815.2944,701.4
NLC INDIA LTD13,738.32.6336,080.3

Power Generation/Distribution Industry Benchmark (Top 10) PS Analysis vs ADANI GREEN ENERGY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.95x
Max industry PS 15.29x
Median industry PS 3.81x
Average industry PS 6.58x



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