ASAHI INDIA GLASS
|
The Current P/S Ratio of ASAHI INDIA GLASS is 3.58.
Share Price | ₹653.8 | Nov 21,2024 |
Market Cap | ₹15,892.7 Cr | |
Sales-TTM | ₹4,438.9 Cr | TTM-Consolidated Results |
Price/Sales | 3.58x | 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 [ ₹15,892.7 Cr] as on Nov 21,2024
(/) Sales [ ₹4,438.9 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.58x ]
Thus, for ASAHI INDIA GLASS , the investors are currently willing to pay '3.58 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 | 4,438.9 | 3.58 | 15,892.7 |
BOROSIL RENEWABLES LTD | 1,356.3 | 4.11 | 5,581.1 |
LA OPALA RG LTD | 353.1 | 9.97 | 3,522.0 |
HALDYN GLASS LTD | 372.2 | 2.30 | 854.4 |
EMPIRE INDUSTRIES LTD | 619.9 | 0.96 | 597.0 |
SEJAL GLASS LTD | 211.5 | 2.60 | 549.3 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | 2,227.3 | 0.09 | 208.2 |
Glass Industry Benchmark (Top 10) PS Analysis vs ASAHI INDIA GLASS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.09x |
Max industry PS | 9.97x |
Median industry PS | 2.60x |
Average industry PS | 3.37x |
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