ASAHI INDIA GLASS
|
The Current P/S Ratio of ASAHI INDIA GLASS is 3.82.
Share Price | ₹697.3 | Nov 08,2024 |
Market Cap | ₹16,950.1 Cr | |
Sales-TTM | ₹4,438.9 Cr | TTM-Consolidated Results |
Price/Sales | 3.82x | Calculated as Market Cap/Sales |
---|---|---|
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 [ ₹16,950.1 Cr] as on Nov 08,2024
(/) Sales [ ₹4,438.9 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.82x ]
Thus, for ASAHI INDIA GLASS , the investors are currently willing to pay '3.82 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 | 3.82 | 16,950.1 |
BOROSIL RENEWABLES LTD | 1,385.6 | 4.39 | 6,079.2 |
LA OPALA RG LTD | 351.8 | 10.69 | 3,759.0 |
HALDYN GLASS LTD | 312.7 | 2.97 | 929.9 |
EMPIRE INDUSTRIES LTD | 610.0 | 1.02 | 620.9 |
SEJAL GLASS LTD | 211.5 | 2.97 | 628.4 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | 2,404.9 | 0.10 | 240.5 |
Glass Industry Benchmark (Top 10) PS Analysis vs ASAHI INDIA GLASS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.10x |
Max industry PS | 10.69x |
Median industry PS | 2.97x |
Average industry PS | 3.71x |
You may also like the below Video Courses