INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY
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The Current P/S Ratio of INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY is 7.64.
Share Price | ₹177.2 | Feb 21,2025 |
Market Cap | ₹47,614.4 Cr | |
Sales-TTM | ₹6,229.5 Cr | TTM-Standalone Results |
Price/Sales | 7.64x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹47,614.4 Cr] as on Feb 21,2025
(/) Sales [ ₹6,229.5 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 7.64x ]
Thus, for INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY , the investors are currently willing to pay '7.64 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 INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY !
The chart below summarizes the trend in P/S Ratio of INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY over the last five years.
Historical PS (Price/Sales) ratio chart of INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY
PS Ratio Performance Analysis for INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY
- INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.47x.
- INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY 's p/e ratio peaked in Mar2024 at 7.36x.
- INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY 's P/S Ratio benchmark against top 10 peers in Finance - NBFC Industry?
Peer Comparison (Finance - NBFC Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY | 6,229.5 | 7.64 | 47,614.4 |
BAJAJ FINANCE LTD | 66,150.3 | 7.88 | 521,283.0 |
JIO FINANCIAL SERVICES LTD | 1,967.8 | 75.45 | 148,476.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 1,751.0 | 77.66 | 135,983.0 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 24,228.0 | 4.80 | 116,378.0 |
SHRIRAM FINANCE LTD | 40,297.1 | 2.73 | 110,068.0 |
MUTHOOT FINANCE LTD | 18,756.2 | 4.73 | 88,803.8 |
SBI CARDS AND PAYMENT SERVICES LTD | 17,746.1 | 4.48 | 79,447.6 |
SUNDARAM FINANCE LTD | 8,382.5 | 6.16 | 51,655.0 |
ADITYA BIRLA CAPITAL LTD | 39,475.8 | 1.04 | 41,003.9 |
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD | 17,857.8 | 1.87 | 33,408.7 |
Finance - NBFC Industry Benchmark (Top 10) PS Analysis vs INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.04x |
Max industry PS | 77.66x |
Median industry PS | 4.80x |
Average industry PS | 17.68x |
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