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BALKRISHNA INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of BALKRISHNA INDUSTRIES is 4.88.

Share Price ₹2,621.5Feb 14,2025
Market Cap ₹50,673.6 Cr
Sales-TTM₹10,376.5 CrTTM-Consolidated Results
Price/Sales4.88xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of BALKRISHNA INDUSTRIES

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 BALKRISHNA INDUSTRIES is calculated as :

Current Market Cap [ ₹50,673.6 Cr] as on Feb 14,2025

(/) Sales [ ₹10,376.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 4.88x ]

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

Thus, for BALKRISHNA INDUSTRIES , the investors are currently willing to pay '4.88 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 BALKRISHNA INDUSTRIES !

The chart below summarizes the trend in P/S Ratio of BALKRISHNA INDUSTRIES over the last five years.

Historical PS (Price/Sales) ratio chart of BALKRISHNA INDUSTRIES


PS Ratio Performance Analysis for BALKRISHNA INDUSTRIES

- BALKRISHNA INDUSTRIES 's latest p/e ratio is 4.88x.

- BALKRISHNA INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.49x.

- BALKRISHNA INDUSTRIES 's operated at median p/e ratio of 4.78x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BALKRISHNA INDUSTRIES 's p/e ratio peaked in Mar2021 at 5.65x.

- BALKRISHNA INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 3.18x.


How does BALKRISHNA INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Tyres & Allied Industry?

Peer Comparison (Tyres & Allied Industry)Sales (Cr)PS RatioMarket Cap (Cr)
BALKRISHNA INDUSTRIES 10,376.54.8850,673.6
MRF LTD27,427.71.6946,424.0
APOLLO TYRES LTD25,958.01.0126,242.4
JK TYRE & INDUSTRIES LTD14,632.80.537,823.3
CEAT LTD12,789.10.8210,505.3
TVS SRICHAKRA LTD3,200.80.682,170.5
GOODYEAR INDIA LTD2,555.90.792,023.1

Tyres & Allied Industry Benchmark (Top 10) PS Analysis vs BALKRISHNA INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.53x
Max industry PS 4.88x
Median industry PS 0.82x
Average industry PS 1.49x



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