BANK OF INDIA
|
The Current P/S Ratio of BANK OF INDIA is 0.70.
Share Price | ₹101.4 | Nov 21,2024 |
Market Cap | ₹46,164.4 Cr | |
Sales-TTM | ₹66,080.6 Cr | TTM-Consolidated Results |
Price/Sales | 0.70x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of BANK OF INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹46,164.4 Cr] as on Nov 21,2024
(/) Sales [ ₹66,080.6 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.70x ]
Thus, for BANK OF INDIA, the investors are currently willing to pay '0.70 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 BANK OF INDIA!
The chart below summarizes the trend in P/S Ratio of BANK OF INDIA over the last five years.
Historical PS (Price/Sales) ratio chart of BANK OF INDIA
PS Ratio Performance Analysis for BANK OF INDIA
- BANK OF INDIA's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.59x.
- BANK OF INDIA's operated at median p/e ratio of 0.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BANK OF INDIA's p/e ratio peaked in Mar2024 at 1.02x.
- BANK OF INDIA's p/e ratio hit its five-year low in Mar2020 of 0.25x.
How does BANK OF INDIA's P/S Ratio benchmark against top 10 peers in Bank - Public Industry?
Peer Comparison (Bank - Public Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
BANK OF INDIA | 66,080.6 | 0.70 | 46,164.4 |
STATE BANK OF INDIA | 469,625.0 | 1.48 | 696,878.0 |
PUNJAB NATIONAL BANK | 116,126.0 | 0.95 | 110,780.0 |
BANK OF BARODA | 124,144.0 | 0.95 | 118,217.0 |
UNION BANK OF INDIA | 105,444.0 | 0.83 | 87,862.8 |
INDIAN OVERSEAS BANK | 26,206.3 | 3.59 | 94,096.2 |
CANARA BANK | 117,133.0 | 0.73 | 85,717.6 |
INDIAN BANK | 59,245.6 | 1.21 | 71,449.7 |
UCO BANK | 23,513.9 | 2.11 | 49,665.1 |
CENTRAL BANK OF INDIA | 32,815.5 | 1.36 | 44,732.9 |
BANK OF MAHARASHTRA | 22,530.3 | 1.75 | 39,450.0 |
Bank - Public Industry Benchmark (Top 10) PS Analysis vs BANK OF INDIA's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.70x |
Max industry PS | 3.59x |
Median industry PS | 1.21x |
Average industry PS | 1.43x |
You may also like the below Video Courses