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BHARAT ELECTRONICS
PS (Price/Sales) Ratio

The Current P/S Ratio of BHARAT ELECTRONICS is 9.56.

Share Price ₹237.9May 16,2024
Market Cap ₹173,900.1 Cr
Sales-TTM₹18,183.3 CrTTM-Consolidated Results
Price/Sales9.56xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of BHARAT ELECTRONICS

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 BHARAT ELECTRONICS is calculated as :

Current Market Cap [ ₹173,900.1 Cr] as on May 16,2024

(/) Sales [ ₹18,183.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 9.56x ]

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

Thus, for BHARAT ELECTRONICS , the investors are currently willing to pay '9.56 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 BHARAT ELECTRONICS !

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

Historical PS (Price/Sales) ratio chart of BHARAT ELECTRONICS


PS Ratio Performance Analysis for BHARAT ELECTRONICS

- BHARAT ELECTRONICS 's latest p/e ratio is 9.56x.

- BHARAT ELECTRONICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.56x.

- BHARAT ELECTRONICS 's operated at median p/e ratio of 2.16x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHARAT ELECTRONICS 's p/e ratio peaked in Mar2023 at 4.02x.

- BHARAT ELECTRONICS 's p/e ratio hit its five-year low in Mar2020 of 1.4x.


How does BHARAT ELECTRONICS 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
BHARAT ELECTRONICS 18,183.39.56173,900.1
BHARAT HEAVY ELECTRICALS LTD23,859.54.30102,547.0
THERMAX LTD9,323.56.3258,914.4
TRIVENI TURBINE LTD1,565.712.2819,233.1
KIRLOSKAR OIL ENGINES LTD5,898.32.9617,449.0
ELECON ENGINEERING COMPANY LTD1,937.46.6312,848.6
PRAJ INDUSTRIES LTD3,451.72.749,468.2
SHRIRAM PISTONS & RINGS LTD3,089.32.818,673.0
KIRLOSKAR BROTHERS LTD4,001.23.6914,784.0
TEGA INDUSTRIES LTD1,382.17.3510,157.6
ION EXCHANGE (INDIA) LTD2,213.53.487,711.7

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs BHARAT ELECTRONICS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.74x
Max industry PS 12.28x
Median industry PS 4.30x
Average industry PS 5.65x



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