ASHAPURA MINECHEM
|
The Current P/S Ratio of ASHAPURA MINECHEM is 1.24.
Share Price | ₹319.8 | Nov 28,2024 |
Market Cap | ₹3,053.6 Cr | |
Sales-TTM | ₹2,471.4 Cr | TTM-Consolidated Results |
Price/Sales | 1.24x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ASHAPURA MINECHEM
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹3,053.6 Cr] as on Nov 28,2024
(/) Sales [ ₹2,471.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.24x ]
Thus, for ASHAPURA MINECHEM , the investors are currently willing to pay '1.24 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 ASHAPURA MINECHEM !
The chart below summarizes the trend in P/S Ratio of ASHAPURA MINECHEM over the last five years.
Historical PS (Price/Sales) ratio chart of ASHAPURA MINECHEM
PS Ratio Performance Analysis for ASHAPURA MINECHEM
- ASHAPURA MINECHEM 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.82x.
- ASHAPURA MINECHEM 's operated at median p/e ratio of 0.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASHAPURA MINECHEM 's p/e ratio peaked in Mar2024 at 1.29x.
- ASHAPURA MINECHEM 's p/e ratio hit its five-year low in Mar2020 of 0.53x.
How does ASHAPURA MINECHEM 's P/S Ratio benchmark against top 10 peers in Mining & Minerals Industry?
Peer Comparison (Mining & Minerals Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ASHAPURA MINECHEM | 2,471.4 | 1.24 | 3,053.6 |
COAL INDIA LTD | 140,702.0 | 1.82 | 256,031.0 |
NMDC LTD | 22,232.3 | 3.00 | 66,773.9 |
KIOCL LTD | 1,085.2 | 20.59 | 22,344.0 |
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 2,726.2 | 4.04 | 11,020.3 |
SANDUR MANGANESE & IRON ORES LTD | 1,566.7 | 5.21 | 8,160.1 |
MOIL LTD | 1,506.9 | 4.33 | 6,529.8 |
RAGHAV PRODUCTIVITY ENHANCERS LTD | 164.2 | 21.84 | 3,586.0 |
20 MICRONS LTD | 858.0 | 0.94 | 804.0 |
Mining & Minerals Industry Benchmark (Top 10) PS Analysis vs ASHAPURA MINECHEM 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.94x |
Max industry PS | 21.84x |
Median industry PS | 4.04x |
Average industry PS | 7.00x |
You may also like the below Video Courses