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ASHAPURA MINECHEM
PS (Price/Sales) Ratio

The Current P/S Ratio of ASHAPURA MINECHEM is 1.24.

Share Price ₹319.8Nov 28,2024
Market Cap ₹3,053.6 Cr
Sales-TTM₹2,471.4 CrTTM-Consolidated Results
Price/Sales1.24xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ASHAPURA MINECHEM

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 ASHAPURA MINECHEM is calculated as :

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 ]

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

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 latest p/e ratio is 1.24x.

- 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 RatioMarket Cap (Cr)
ASHAPURA MINECHEM 2,471.41.243,053.6
COAL INDIA LTD140,702.01.82256,031.0
NMDC LTD22,232.33.0066,773.9
KIOCL LTD1,085.220.5922,344.0
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD2,726.24.0411,020.3
SANDUR MANGANESE & IRON ORES LTD1,566.75.218,160.1
MOIL LTD1,506.94.336,529.8
RAGHAV PRODUCTIVITY ENHANCERS LTD164.221.843,586.0
20 MICRONS LTD858.00.94804.0

Mining & Minerals Industry Benchmark (Top 10) PS Analysis vs ASHAPURA MINECHEM 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.94x
Max industry PS 21.84x
Median industry PS 4.04x
Average industry PS 7.00x



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