ASAHI INDIA GLASS
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The Current P/S Ratio of ASAHI INDIA GLASS is 3.79.
Share Price | ₹685.8 | Sep 06,2024 |
Market Cap | ₹16,670.6 Cr | |
Sales-TTM | ₹4,400.8 Cr | TTM-Consolidated Results |
Price/Sales | 3.79x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ASAHI INDIA GLASS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹16,670.6 Cr] as on Sep 06,2024
(/) Sales [ ₹4,400.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.79x ]
Thus, for ASAHI INDIA GLASS , the investors are currently willing to pay '3.79 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 ASAHI INDIA GLASS !
The chart below summarizes the trend in P/S Ratio of ASAHI INDIA GLASS over the last five years.
Historical PS (Price/Sales) ratio chart of ASAHI INDIA GLASS
PS Ratio Performance Analysis for ASAHI INDIA GLASS
- ASAHI INDIA GLASS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.72x.
- ASAHI INDIA GLASS 's operated at median p/e ratio of 3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASAHI INDIA GLASS 's p/e ratio peaked in Mar2022 at 3.3x.
- ASAHI INDIA GLASS 's p/e ratio hit its five-year low in Mar2020 of 1.43x.
How does ASAHI INDIA GLASS 's P/S Ratio benchmark against top 10 peers in Glass Industry?
Peer Comparison (Glass Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ASAHI INDIA GLASS | 4,400.8 | 3.79 | 16,670.6 |
BOROSIL RENEWABLES LTD | 1,385.6 | 4.70 | 6,519.1 |
LA OPALA RG LTD | 351.8 | 10.73 | 3,775.1 |
HALDYN GLASS LTD | 312.7 | 2.35 | 734.5 |
EMPIRE INDUSTRIES LTD | 610.0 | 1.14 | 696.5 |
SEJAL GLASS LTD | 189.6 | 1.76 | 333.3 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | 2,404.9 | 0.08 | 192.1 |
Glass Industry Benchmark (Top 10) PS Analysis vs ASAHI INDIA GLASS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.08x |
Max industry PS | 10.73x |
Median industry PS | 2.35x |
Average industry PS | 3.51x |
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