GRINDWELL NORTON
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The Current P/S Ratio of GRINDWELL NORTON is 8.31.
Share Price | ₹2,065.4 | Nov 22,2024 |
Market Cap | ₹22,863.4 Cr | |
Sales-TTM | ₹2,750.5 Cr | TTM-Consolidated Results |
Price/Sales | 8.31x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of GRINDWELL NORTON
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹22,863.4 Cr] as on Nov 22,2024
(/) Sales [ ₹2,750.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 8.31x ]
Thus, for GRINDWELL NORTON , the investors are currently willing to pay '8.31 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 GRINDWELL NORTON !
The chart below summarizes the trend in P/S Ratio of GRINDWELL NORTON over the last five years.
Historical PS (Price/Sales) ratio chart of GRINDWELL NORTON
PS Ratio Performance Analysis for GRINDWELL NORTON
- GRINDWELL NORTON 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.11x.
- GRINDWELL NORTON 's operated at median p/e ratio of 7.83x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GRINDWELL NORTON 's p/e ratio peaked in Mar2022 at 9.9x.
- GRINDWELL NORTON 's p/e ratio hit its five-year low in Mar2020 of 3.22x.
How does GRINDWELL NORTON 's P/S Ratio benchmark against top 10 peers in Abrasives Industry?
Peer Comparison (Abrasives Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
GRINDWELL NORTON | 2,750.5 | 8.31 | 22,863.4 |
CARBORUNDUM UNIVERSAL LTD | 4,774.3 | 5.62 | 26,834.1 |
WENDT (INDIA) LTD | 229.3 | 13.96 | 3,200.2 |
Abrasives Industry Benchmark (Top 10) PS Analysis vs GRINDWELL NORTON 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 5.62x |
Max industry PS | 13.96x |
Median industry PS | 8.31x |
Average industry PS | 9.30x |
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