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ADOR WELDING
PS (Price/Sales) Ratio

The Current P/S Ratio of ADOR WELDING is 2.06.

Share Price ₹1,145.6Nov 22,2024
Market Cap ₹1,993.3 Cr
Sales-TTM₹965.8 CrTTM-Standalone Results
Price/Sales2.06xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ADOR WELDING

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 ADOR WELDING is calculated as :

Current Market Cap [ ₹1,993.3 Cr] as on Nov 22,2024

(/) Sales [ ₹965.8 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.06x ]

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

Thus, for ADOR WELDING , the investors are currently willing to pay '2.06 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 ADOR WELDING !

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

Historical PS (Price/Sales) ratio chart of ADOR WELDING


PS Ratio Performance Analysis for ADOR WELDING

- ADOR WELDING 's latest p/e ratio is 2.06x.

- ADOR WELDING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.27x.

- ADOR WELDING 's operated at median p/e ratio of 1.27x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ADOR WELDING 's p/e ratio peaked in Mar2024 at 2.11x.

- ADOR WELDING 's p/e ratio hit its five-year low in Mar2020 of 0.47x.


How does ADOR WELDING 's P/S Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?

Peer Comparison (Electrodes & Welding Equipment Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ADOR WELDING 965.82.061,993.3
GRAPHITE INDIA LTD2,781.03.319,200.2
ESAB INDIA LTD1,310.67.089,275.8
HEG LTD2,248.43.507,865.8
DE NORA INDIA LTD76.58.16624.2
ADOR FONTECH LTD203.92.45498.8
GEE LTD341.41.10377.0
PANASONIC CARBON INDIA COMPANY LTD53.65.02268.7

Electrodes & Welding Equipment Industry Benchmark (Top 10) PS Analysis vs ADOR WELDING 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.10x
Max industry PS 8.16x
Median industry PS 3.50x
Average industry PS 4.08x



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