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CONFIDENCE FUTURISTIC ENERGETECH
PS (Price/Sales) Ratio

The Current P/S Ratio of CONFIDENCE FUTURISTIC ENERGETECH is 0.77.

Share Price ₹78.5Apr 02,2025
Market Cap ₹196.3 Cr
Sales-TTM₹253.5 CrTTM-Consolidated Results
Price/Sales0.77xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of CONFIDENCE FUTURISTIC ENERGETECH

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 CONFIDENCE FUTURISTIC ENERGETECH is calculated as :

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 ]

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

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 latest p/e ratio is 0.77x.

- 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 RatioMarket Cap (Cr)
CONFIDENCE FUTURISTIC ENERGETECH 253.50.77196.3
ADANI TOTAL GAS LTD5,216.712.6365,862.1
GUJARAT GAS LTD17,189.81.6328,065.7
INDRAPRASTHA GAS LTD16,090.41.7628,378.0
GUJARAT STATE PETRONET LTD18,282.50.9116,568.1

Gas Transmission/Marketing Industry Benchmark (Top 10) PS Analysis vs CONFIDENCE FUTURISTIC ENERGETECH 's P/S Ratio

Top 10 Industry PeersPS 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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