BHARAT WIRE ROPES
|
The Current P/S Ratio of BHARAT WIRE ROPES is 2.41.
Share Price | ₹219.0 | Nov 21,2024 |
Market Cap | ₹1,497.6 Cr | |
Sales-TTM | ₹621.8 Cr | TTM-Consolidated Results |
Price/Sales | 2.41x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of BHARAT WIRE ROPES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,497.6 Cr] as on Nov 21,2024
(/) Sales [ ₹621.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.41x ]
Thus, for BHARAT WIRE ROPES , the investors are currently willing to pay '2.41 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 WIRE ROPES !
The chart below summarizes the trend in P/S Ratio of BHARAT WIRE ROPES over the last five years.
Historical PS (Price/Sales) ratio chart of BHARAT WIRE ROPES
PS Ratio Performance Analysis for BHARAT WIRE ROPES
- BHARAT WIRE ROPES 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 1.96x.
- BHARAT WIRE ROPES 's operated at median p/e ratio of 1.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, BHARAT WIRE ROPES 's p/e ratio peaked in Mar2024 at 3.02x.
- BHARAT WIRE ROPES 's p/e ratio hit its five-year low in Mar2022 of 1.06x.
How does BHARAT WIRE ROPES 's P/S Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?
Peer Comparison (Metal - Non Ferrous Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
BHARAT WIRE ROPES | 621.8 | 2.41 | 1,497.6 |
HINDUSTAN ZINC LTD | 31,241.0 | 6.59 | 205,752.0 |
HINDALCO INDUSTRIES LTD | 224,018.0 | 0.65 | 145,587.0 |
VEDANTA LTD | 144,448.0 | 1.20 | 173,054.0 |
HINDUSTAN COPPER LTD | 1,976.5 | 12.80 | 25,302.2 |
GRAVITA INDIA LTD | 3,456.5 | 4.06 | 14,042.7 |
SHIVALIK BIMETAL CONTROLS LTD | 506.6 | 6.39 | 3,235.9 |
RAM RATNA WIRES LTD | 3,333.1 | 0.77 | 2,563.0 |
NILE LTD | 922.7 | 0.66 | 610.4 |
RAJNANDINI METAL LTD | 1,261.2 | 0.20 | 252.2 |
SHERA ENERGY LTD | 853.6 | 0.58 | 490.9 |
Metal - Non Ferrous Industry Benchmark (Top 10) PS Analysis vs BHARAT WIRE ROPES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.20x |
Max industry PS | 12.80x |
Median industry PS | 1.20x |
Average industry PS | 3.30x |
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