ADANI TOTAL GAS
|
The Current P/S Ratio of ADANI TOTAL GAS is 20.70.
Share Price | ₹906.5 | May 16,2024 |
Market Cap | ₹99,691.4 Cr | |
Sales-TTM | ₹4,816.5 Cr | TTM-Consolidated Results |
Price/Sales | 20.70x | 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 [ ₹99,691.4 Cr] as on May 16,2024
(/) Sales [ ₹4,816.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 20.70x ]
Thus, for ADANI TOTAL GAS , the investors are currently willing to pay '20.70 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 Mar2023 to Mar2019 averaged 35.05x.
- ADANI TOTAL GAS 's operated at median p/e ratio of 21.78x 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 | 4,816.5 | 20.70 | 99,691.4 |
GUJARAT GAS LTD | 16,293.0 | 2.33 | 37,954.4 |
INDRAPRASTHA GAS LTD | 15,475.0 | 1.99 | 30,838.5 |
GUJARAT STATE PETRONET LTD | 17,897.6 | 0.92 | 16,393.2 |
MAHANAGAR GAS LTD | 6,862.0 | 1.89 | 12,948.8 |
CONFIDENCE FUTURISTIC ENERGETECH LTD | 152.2 | 1.74 | 264.6 |
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 | 20.70x |
Median industry PS | 1.99x |
Average industry PS | 4.93x |
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