ASK AUTOMOTIVE
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The Current P/S Ratio of ASK AUTOMOTIVE is 2.43.
Share Price | ₹416.3 | Nov 14,2024 |
Market Cap | ₹8,204.3 Cr | |
Sales-TTM | ₹3,380.2 Cr | TTM-Consolidated Results |
Price/Sales | 2.43x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ASK AUTOMOTIVE
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹8,204.3 Cr] as on Nov 14,2024
(/) Sales [ ₹3,380.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.43x ]
Thus, for ASK AUTOMOTIVE , the investors are currently willing to pay '2.43 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 ASK AUTOMOTIVE !
The chart below summarizes the trend in P/S Ratio of ASK AUTOMOTIVE over the last five years.
Historical PS (Price/Sales) ratio chart of ASK AUTOMOTIVE
PS Ratio Performance Analysis for ASK AUTOMOTIVE
- ASK AUTOMOTIVE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.38x.
- ASK AUTOMOTIVE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASK AUTOMOTIVE 's p/e ratio peaked in Mar2024 at 1.88x.
- ASK AUTOMOTIVE 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does ASK AUTOMOTIVE 's P/S Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ASK AUTOMOTIVE | 3,380.2 | 2.43 | 8,204.3 |
BOSCH LTD | 17,149.7 | 5.82 | 99,816.5 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 109,436.0 | 1.06 | 116,416.0 |
SONA BLW PRECISION FORGINGS LTD | 3,479.3 | 11.93 | 41,512.3 |
UNO MINDA LTD | 15,379.2 | 3.72 | 57,261.4 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 3,713.8 | 7.48 | 27,786.4 |
ENDURANCE TECHNOLOGIES LTD | 10,984.0 | 3.04 | 33,407.4 |
JBM AUTO LTD | 5,262.6 | 3.27 | 17,225.7 |
TVS HOLDINGS LTD | 42,151.1 | 0.54 | 22,787.7 |
MINDA CORPORATION LTD | 4,863.2 | 2.43 | 11,826.1 |
CRAFTSMAN AUTOMATION LTD | 4,600.2 | 2.43 | 11,183.3 |
Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs ASK AUTOMOTIVE 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.54x |
Max industry PS | 11.93x |
Median industry PS | 3.04x |
Average industry PS | 4.02x |
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