Home > PS Ratio > AKSHARCHEM (INDIA)

AKSHARCHEM (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of AKSHARCHEM (INDIA) is 0.72.

Share Price ₹289.0Nov 21,2024
Market Cap ₹231.2 Cr
Sales-TTM₹321.9 CrTTM-Standalone Results
Price/Sales0.72xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for AKSHARCHEM (INDIA)
Please provide your vote to see the results

Definition & Calculation of PS (Price/Sales) ratio of AKSHARCHEM (INDIA)

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 AKSHARCHEM (INDIA) is calculated as :

Current Market Cap [ ₹231.2 Cr] as on Nov 21,2024

(/) Sales [ ₹321.9 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.72x ]

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

Thus, for AKSHARCHEM (INDIA) , the investors are currently willing to pay '0.72 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 AKSHARCHEM (INDIA) !

The chart below summarizes the trend in P/S Ratio of AKSHARCHEM (INDIA) over the last five years.

Historical PS (Price/Sales) ratio chart of AKSHARCHEM (INDIA)


PS Ratio Performance Analysis for AKSHARCHEM (INDIA)

- AKSHARCHEM (INDIA) 's latest p/e ratio is 0.72x.

- AKSHARCHEM (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.63x.

- AKSHARCHEM (INDIA) 's operated at median p/e ratio of 0.67x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AKSHARCHEM (INDIA) 's p/e ratio peaked in Mar2021 at 0.78x.

- AKSHARCHEM (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.48x.


How does AKSHARCHEM (INDIA) 's P/S Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
AKSHARCHEM (INDIA) 321.90.72231.2
SUDARSHAN CHEMICAL INDUSTRIES LTD2,659.72.386,325.3
VIDHI SPECIALTY FOOD INGREDIENTS LTD317.97.532,394.1
KIRI INDUSTRIES LTD1,025.23.203,283.5
BODAL CHEMICALS LTD1,582.70.56893.8
BHAGERIA INDUSTRIES LTD535.91.62867.7
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD735.21.20879.1
ASAHI SONGWON COLORS LTD504.00.86435.1
PODDAR PIGMENTS LTD378.91.00379.0
DYNEMIC PRODUCTS LTD328.41.65541.1
VIPUL ORGANICS LTD154.72.15332.8

Dyes & Pigments Industry Benchmark (Top 10) PS Analysis vs AKSHARCHEM (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.56x
Max industry PS 7.53x
Median industry PS 1.62x
Average industry PS 2.08x



You may also like the below Video Courses