ASHAPURI GOLD ORNAMENT
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The Current P/S Ratio of ASHAPURI GOLD ORNAMENT is 1.26.
Share Price | ₹8.7 | Dec 26,2024 |
Market Cap | ₹291.0 Cr | |
Sales-TTM | ₹231.8 Cr | TTM-Standalone Results |
Price/Sales | 1.26x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of ASHAPURI GOLD ORNAMENT
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹291.0 Cr] as on Dec 26,2024
(/) Sales [ ₹231.8 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.26x ]
Thus, for ASHAPURI GOLD ORNAMENT , the investors are currently willing to pay '1.26 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 ASHAPURI GOLD ORNAMENT !
The chart below summarizes the trend in P/S Ratio of ASHAPURI GOLD ORNAMENT over the last five years.
Historical PS (Price/Sales) ratio chart of ASHAPURI GOLD ORNAMENT
PS Ratio Performance Analysis for ASHAPURI GOLD ORNAMENT
- ASHAPURI GOLD ORNAMENT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.10x.
- ASHAPURI GOLD ORNAMENT 's operated at median p/e ratio of 1.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASHAPURI GOLD ORNAMENT 's p/e ratio peaked in Mar2024 at 1.7x.
- ASHAPURI GOLD ORNAMENT 's p/e ratio hit its five-year low in Mar2020 of 0.64x.
How does ASHAPURI GOLD ORNAMENT 's P/S Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?
Peer Comparison (Diamond & Jewellery Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ASHAPURI GOLD ORNAMENT | 231.8 | 1.26 | 291.0 |
TITAN COMPANY LTD | 54,458.0 | 5.41 | 294,816.0 |
KALYAN JEWELLERS INDIA LTD | 21,359.0 | 3.52 | 75,212.3 |
RAJESH EXPORTS LTD | 284,201.0 | 0.02 | 6,960.8 |
SENCO GOLD LTD | 5,693.9 | 1.52 | 8,650.6 |
THANGAMAYIL JEWELLERY LTD | 4,281.8 | 1.26 | 5,378.1 |
PC JEWELLER LTD | 994.7 | 10.07 | 10,012.5 |
GOLDIAM INTERNATIONAL LTD | 652.5 | 6.71 | 4,376.5 |
DP ABHUSHAN LTD | 2,831.7 | 1.20 | 3,411.0 |
ASIAN STAR COMPANY LTD | 3,090.5 | 0.42 | 1,285.4 |
RENAISSANCE GLOBAL LTD | 2,048.4 | 0.92 | 1,888.5 |
Diamond & Jewellery Industry Benchmark (Top 10) PS Analysis vs ASHAPURI GOLD ORNAMENT 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.02x |
Max industry PS | 10.07x |
Median industry PS | 1.26x |
Average industry PS | 2.94x |
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