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ASAHI INDIA GLASS
PS (Price/Sales) Ratio

The Current P/S Ratio of ASAHI INDIA GLASS is 3.79.

Share Price ₹685.8Sep 06,2024
Market Cap ₹16,670.6 Cr
Sales-TTM₹4,400.8 CrTTM-Consolidated Results
Price/Sales3.79xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ASAHI INDIA GLASS

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 ASAHI INDIA GLASS is calculated as :

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 ]

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

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 latest p/e ratio is 3.79x.

- 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 RatioMarket Cap (Cr)
ASAHI INDIA GLASS 4,400.83.7916,670.6
BOROSIL RENEWABLES LTD1,385.64.706,519.1
LA OPALA RG LTD351.810.733,775.1
HALDYN GLASS LTD312.72.35734.5
EMPIRE INDUSTRIES LTD610.01.14696.5
SEJAL GLASS LTD189.61.76333.3
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD2,404.90.08192.1

Glass Industry Benchmark (Top 10) PS Analysis vs ASAHI INDIA GLASS 's P/S Ratio

Top 10 Industry PeersPS 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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