FINOLEX CABLES
|
The Current P/S Ratio of FINOLEX CABLES is 3.25.
Share Price | ₹1,097.1 | Nov 21,2024 |
Market Cap | ₹16,774.7 Cr | |
Sales-TTM | ₹5,164.9 Cr | TTM-Consolidated Results |
Price/Sales | 3.25x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of FINOLEX CABLES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹16,774.7 Cr] as on Nov 21,2024
(/) Sales [ ₹5,164.9 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.25x ]
Thus, for FINOLEX CABLES , the investors are currently willing to pay '3.25 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 FINOLEX CABLES !
The chart below summarizes the trend in P/S Ratio of FINOLEX CABLES over the last five years.
Historical PS (Price/Sales) ratio chart of FINOLEX CABLES
PS Ratio Performance Analysis for FINOLEX CABLES
- FINOLEX CABLES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.11x.
- FINOLEX CABLES 's operated at median p/e ratio of 2.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FINOLEX CABLES 's p/e ratio peaked in Mar2024 at 3.05x.
- FINOLEX CABLES 's p/e ratio hit its five-year low in Mar2020 of 1.08x.
How does FINOLEX CABLES 's P/S Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
FINOLEX CABLES | 5,164.9 | 3.25 | 16,774.7 |
POLYCAB INDIA LTD | 20,128.8 | 4.79 | 96,361.6 |
KEI INDUSTRIES LTD | 8,721.1 | 3.93 | 34,230.5 |
RR KABEL LTD | 7,005.8 | 2.45 | 17,142.3 |
STERLITE TECHNOLOGIES LTD | 5,093.0 | 1.09 | 5,566.0 |
PRECISION WIRES INDIA LTD | 3,687.8 | 0.84 | 3,087.2 |
PARAMOUNT COMMUNICATIONS LTD | 1,284.6 | 1.56 | 1,998.9 |
UNIVERSAL CABLES LTD | 2,173.7 | 0.95 | 2,057.4 |
DYNAMIC CABLES LTD | 875.9 | 2.55 | 2,233.3 |
BIRLA CABLE LTD | 684.3 | 0.88 | 604.8 |
DELTON CABLES LTD | 559.9 | 1.19 | 666.0 |
Cable Industry Benchmark (Top 10) PS Analysis vs FINOLEX CABLES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.84x |
Max industry PS | 4.79x |
Median industry PS | 1.56x |
Average industry PS | 2.13x |
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