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BLUE JET HEALTHCARE
PS (Price/Sales) Ratio

The Current P/S Ratio of BLUE JET HEALTHCARE is 12.66.

Share Price ₹526.9Nov 21,2024
Market Cap ₹9,141.7 Cr
Sales-TTM₹721.9 CrTTM-Standalone Results
Price/Sales12.66xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of BLUE JET HEALTHCARE

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 BLUE JET HEALTHCARE is calculated as :

Current Market Cap [ ₹9,141.7 Cr] as on Nov 21,2024

(/) Sales [ ₹721.9 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 12.66x ]

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

Thus, for BLUE JET HEALTHCARE , the investors are currently willing to pay '12.66 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 BLUE JET HEALTHCARE !

The chart below summarizes the trend in P/S Ratio of BLUE JET HEALTHCARE over the last five years.

Historical PS (Price/Sales) ratio chart of BLUE JET HEALTHCARE


PS Ratio Performance Analysis for BLUE JET HEALTHCARE

- BLUE JET HEALTHCARE 's latest p/e ratio is 12.66x.

- BLUE JET HEALTHCARE 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 2.33x.

- BLUE JET HEALTHCARE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, BLUE JET HEALTHCARE 's p/e ratio peaked in Mar2024 at 9.32x.

- BLUE JET HEALTHCARE 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does BLUE JET HEALTHCARE 's P/S Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Sales (Cr)PS RatioMarket Cap (Cr)
BLUE JET HEALTHCARE 721.912.669,141.7
SUN PHARMACEUTICAL INDUSTRIES LTD50,307.78.48426,518.0
CIPLA LTD26,512.04.46118,368.0
DR REDDYS LABORATORIES LTD30,084.93.3199,671.4
ZYDUS LIFESCIENCES LTD21,483.54.4295,013.6
DIVIS LABORATORIES LTD8,614.018.42158,636.0
MANKIND PHARMA LTD11,018.09.28102,273.0
TORRENT PHARMACEUTICALS LTD11,225.09.36105,072.0
LUPIN LTD21,431.34.3593,214.9
AUROBINDO PHARMA LTD30,295.02.3470,869.4
ABBOTT INDIA LTD6,066.19.5157,681.8

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PS Analysis vs BLUE JET HEALTHCARE 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.34x
Max industry PS 18.42x
Median industry PS 8.48x
Average industry PS 7.87x



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