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INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY
PS (Price/Sales) Ratio

The Current P/S Ratio of INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY is 7.64.

Share Price ₹177.2Feb 21,2025
Market Cap ₹47,614.4 Cr
Sales-TTM₹6,229.5 CrTTM-Standalone Results
Price/Sales7.64xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY

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 INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY is calculated as :

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 ]

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

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 latest p/e ratio is 7.64x.

- 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 RatioMarket Cap (Cr)
INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY 6,229.57.6447,614.4
BAJAJ FINANCE LTD66,150.37.88521,283.0
JIO FINANCIAL SERVICES LTD1,967.875.45148,476.0
BAJAJ HOLDINGS & INVESTMENT LTD1,751.077.66135,983.0
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD24,228.04.80116,378.0
SHRIRAM FINANCE LTD40,297.12.73110,068.0
MUTHOOT FINANCE LTD18,756.24.7388,803.8
SBI CARDS AND PAYMENT SERVICES LTD17,746.14.4879,447.6
SUNDARAM FINANCE LTD8,382.56.1651,655.0
ADITYA BIRLA CAPITAL LTD39,475.81.0441,003.9
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD17,857.81.8733,408.7

Finance - NBFC Industry Benchmark (Top 10) PS Analysis vs INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY 's P/S Ratio

Top 10 Industry PeersPS 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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