ADANI TOTAL GAS
|
The Current P/S Ratio of ADANI TOTAL GAS is 16.64.
Share Price | ₹765.6 | Dec 03,2024 |
Market Cap | ₹84,200.7 Cr | |
Sales-TTM | ₹5,059.8 Cr | TTM-Consolidated Results |
Price/Sales | 16.64x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ADANI TOTAL GAS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹84,200.7 Cr] as on Dec 03,2024
(/) Sales [ ₹5,059.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 16.64x ]
Thus, for ADANI TOTAL GAS , the investors are currently willing to pay '16.64 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 TOTAL GAS !
The chart below summarizes the trend in P/S Ratio of ADANI TOTAL GAS over the last five years.
Historical PS (Price/Sales) ratio chart of ADANI TOTAL GAS
PS Ratio Performance Analysis for ADANI TOTAL GAS
- ADANI TOTAL GAS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 37.95x.
- ADANI TOTAL GAS 's operated at median p/e ratio of 22.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADANI TOTAL GAS 's p/e ratio peaked in Mar2022 at 77.79x.
- ADANI TOTAL GAS 's p/e ratio hit its five-year low in Mar2020 of 5.07x.
How does ADANI TOTAL GAS 's P/S Ratio benchmark against top 10 peers in Gas Transmission/Marketing Industry?
Peer Comparison (Gas Transmission/Marketing Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ADANI TOTAL GAS | 5,059.8 | 16.64 | 84,200.7 |
GUJARAT GAS LTD | 16,941.6 | 2.02 | 34,261.2 |
INDRAPRASTHA GAS LTD | 15,870.5 | 1.59 | 25,270.0 |
GUJARAT STATE PETRONET LTD | 18,286.7 | 1.13 | 20,624.8 |
MAHANAGAR GAS LTD | 7,064.8 | 1.79 | 12,636.6 |
CONFIDENCE FUTURISTIC ENERGETECH LTD | 221.3 | 0.92 | 204.4 |
Gas Transmission/Marketing Industry Benchmark (Top 10) PS Analysis vs ADANI TOTAL GAS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.92x |
Max industry PS | 16.64x |
Median industry PS | 1.79x |
Average industry PS | 4.02x |
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