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ASTRA MICROWAVE PRODUCTS
PS (Price/Sales) Ratio

The Current P/S Ratio of ASTRA MICROWAVE PRODUCTS is 7.44.

Share Price ₹760.2Nov 26,2024
Market Cap ₹7,214.3 Cr
Sales-TTM₹969.8 CrTTM-Consolidated Results
Price/Sales7.44xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ASTRA MICROWAVE PRODUCTS

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 ASTRA MICROWAVE PRODUCTS is calculated as :

Current Market Cap [ ₹7,214.3 Cr] as on Nov 26,2024

(/) Sales [ ₹969.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 7.44x ]

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

Thus, for ASTRA MICROWAVE PRODUCTS , the investors are currently willing to pay '7.44 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 ASTRA MICROWAVE PRODUCTS !

The chart below summarizes the trend in P/S Ratio of ASTRA MICROWAVE PRODUCTS over the last five years.

Historical PS (Price/Sales) ratio chart of ASTRA MICROWAVE PRODUCTS


PS Ratio Performance Analysis for ASTRA MICROWAVE PRODUCTS

- ASTRA MICROWAVE PRODUCTS 's latest p/e ratio is 7.44x.

- ASTRA MICROWAVE PRODUCTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.78x.

- ASTRA MICROWAVE PRODUCTS 's operated at median p/e ratio of 2.39x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASTRA MICROWAVE PRODUCTS 's p/e ratio peaked in Mar2024 at 6.22x.

- ASTRA MICROWAVE PRODUCTS 's p/e ratio hit its five-year low in Mar2020 of 0.96x.


How does ASTRA MICROWAVE PRODUCTS 's P/S Ratio benchmark against top 10 peers in Defence Industry?

Peer Comparison (Defence Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ASTRA MICROWAVE PRODUCTS 969.87.447,214.3
HINDUSTAN AERONAUTICS LTD31,153.89.37291,807.0
BHARAT DYNAMICS LTD2,191.717.2637,838.4
DATA PATTERNS (INDIA) LTD516.925.5413,203.5
PARAS DEFENCE AND SPACE TECHNOLOGIES LTD314.513.204,152.5
ROSSELL INDIA LTD372.40.81300.4

Defence Industry Benchmark (Top 10) PS Analysis vs ASTRA MICROWAVE PRODUCTS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.81x
Max industry PS 25.54x
Median industry PS 13.20x
Average industry PS 12.27x



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