ASTEC LIFESCIENCES
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The Current P/S Ratio of ASTEC LIFESCIENCES is 4.68.
Share Price | ₹1,093.6 | May 31,2024 |
Market Cap | ₹2,143.5 Cr | |
Sales-TTM | ₹458.2 Cr | TTM-Consolidated Results |
Price/Sales | 4.68x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ASTEC LIFESCIENCES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹2,143.5 Cr] as on May 31,2024
(/) Sales [ ₹458.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 4.68x ]
Thus, for ASTEC LIFESCIENCES , the investors are currently willing to pay '4.68 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 ASTEC LIFESCIENCES !
The chart below summarizes the trend in P/S Ratio of ASTEC LIFESCIENCES over the last five years.
Historical PS (Price/Sales) ratio chart of ASTEC LIFESCIENCES
PS Ratio Performance Analysis for ASTEC LIFESCIENCES
- ASTEC LIFESCIENCES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.37x.
- ASTEC LIFESCIENCES 's operated at median p/e ratio of 3.53x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASTEC LIFESCIENCES 's p/e ratio peaked in Mar2022 at 5.08x.
- ASTEC LIFESCIENCES 's p/e ratio hit its five-year low in Mar2020 of 1.5x.
How does ASTEC LIFESCIENCES 's P/S Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?
Peer Comparison (Pesticides & Agrochemicals Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ASTEC LIFESCIENCES | 458.2 | 4.68 | 2,143.5 |
PI INDUSTRIES LTD | 7,665.8 | 7.03 | 53,877.4 |
UPL LTD | 43,098.0 | 0.89 | 38,187.2 |
BAYER CROPSCIENCE LTD | 5,103.2 | 4.41 | 22,501.2 |
SUMITOMO CHEMICAL INDIA LTD | 2,844.0 | 8.14 | 23,137.9 |
BASF INDIA LTD | 13,767.5 | 1.34 | 18,458.1 |
RALLIS INDIA LTD | 2,648.0 | 1.89 | 5,004.7 |
DHANUKA AGRITECH LTD | 1,758.5 | 3.30 | 5,800.3 |
BHARAT RASAYAN LTD | 1,044.6 | 4.26 | 4,445.7 |
SHARDA CROPCHEM LTD | 3,163.0 | 1.10 | 3,468.1 |
INDIA PESTICIDES LTD | 680.4 | 3.64 | 2,478.3 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PS Analysis vs ASTEC LIFESCIENCES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.89x |
Max industry PS | 8.14x |
Median industry PS | 3.64x |
Average industry PS | 3.70x |
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