BALKRISHNA INDUSTRIES
|
The Current P/S Ratio of BALKRISHNA INDUSTRIES is 4.88.
Share Price | ₹2,621.5 | Feb 14,2025 |
Market Cap | ₹50,673.6 Cr | |
Sales-TTM | ₹10,376.5 Cr | TTM-Consolidated Results |
Price/Sales | 4.88x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of BALKRISHNA INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
BALKRISHNA INDUSTRIES | 10,376.5 | 4.88 | 50,673.6 |
MRF LTD | 27,427.7 | 1.69 | 46,424.0 |
APOLLO TYRES LTD | 25,958.0 | 1.01 | 26,242.4 |
JK TYRE & INDUSTRIES LTD | 14,632.8 | 0.53 | 7,823.3 |
CEAT LTD | 12,789.1 | 0.82 | 10,505.3 |
TVS SRICHAKRA LTD | 3,200.8 | 0.68 | 2,170.5 |
GOODYEAR INDIA LTD | 2,555.9 | 0.79 | 2,023.1 |
Tyres & Allied Industry Benchmark (Top 10) PS Analysis vs BALKRISHNA INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS 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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