CONFIDENCE FUTURISTIC ENERGETECH
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The Current P/S Ratio of CONFIDENCE FUTURISTIC ENERGETECH is 0.77.
Share Price | ₹78.5 | Apr 02,2025 |
Market Cap | ₹196.3 Cr | |
Sales-TTM | ₹253.5 Cr | TTM-Consolidated Results |
Price/Sales | 0.77x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of CONFIDENCE FUTURISTIC ENERGETECH
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹196.3 Cr] as on Apr 02,2025
(/) Sales [ ₹253.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.77x ]
Thus, for CONFIDENCE FUTURISTIC ENERGETECH , the investors are currently willing to pay '0.77 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 CONFIDENCE FUTURISTIC ENERGETECH !
The chart below summarizes the trend in P/S Ratio of CONFIDENCE FUTURISTIC ENERGETECH over the last five years.
Historical PS (Price/Sales) ratio chart of CONFIDENCE FUTURISTIC ENERGETECH
PS Ratio Performance Analysis for CONFIDENCE FUTURISTIC ENERGETECH
- CONFIDENCE FUTURISTIC ENERGETECH 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 2.76x.
- CONFIDENCE FUTURISTIC ENERGETECH 's operated at median p/e ratio of 2.64x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, CONFIDENCE FUTURISTIC ENERGETECH 's p/e ratio peaked in Mar2021 at 4.76x.
- CONFIDENCE FUTURISTIC ENERGETECH 's p/e ratio hit its five-year low in Mar2024 of 1.5x.
How does CONFIDENCE FUTURISTIC ENERGETECH 's P/S Ratio benchmark against top 10 peers in Gas Transmission/Marketing Industry?
Peer Comparison (Gas Transmission/Marketing Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
CONFIDENCE FUTURISTIC ENERGETECH | 253.5 | 0.77 | 196.3 |
ADANI TOTAL GAS LTD | 5,216.7 | 12.63 | 65,862.1 |
GUJARAT GAS LTD | 17,189.8 | 1.63 | 28,065.7 |
INDRAPRASTHA GAS LTD | 16,090.4 | 1.76 | 28,378.0 |
GUJARAT STATE PETRONET LTD | 18,282.5 | 0.91 | 16,568.1 |
Gas Transmission/Marketing Industry Benchmark (Top 10) PS Analysis vs CONFIDENCE FUTURISTIC ENERGETECH 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.77x |
Max industry PS | 12.63x |
Median industry PS | 1.63x |
Average industry PS | 3.54x |
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