INDUSIND BANK
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The Current P/S Ratio of INDUSIND BANK is 2.40.
Share Price | ₹1,409.7 | May 16,2024 |
Market Cap | ₹109,727.2 Cr | |
Sales-TTM | ₹45,748.2 Cr | TTM-Consolidated Results |
Price/Sales | 2.40x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of INDUSIND BANK
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹109,727.2 Cr] as on May 16,2024
(/) Sales [ ₹45,748.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.40x ]
Thus, for INDUSIND BANK , the investors are currently willing to pay '2.40 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 INDUSIND BANK !
The chart below summarizes the trend in P/S Ratio of INDUSIND BANK over the last five years.
Historical PS (Price/Sales) ratio chart of INDUSIND BANK
PS Ratio Performance Analysis for INDUSIND BANK
- INDUSIND BANK 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.57x.
- INDUSIND BANK 's operated at median p/e ratio of 2.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDUSIND BANK 's p/e ratio peaked in Mar2019 at 4.82x.
- INDUSIND BANK 's p/e ratio hit its five-year low in Mar2020 of 0.85x.
How does INDUSIND BANK 's P/S Ratio benchmark against top 10 peers in Bank - Private Industry?
Peer Comparison (Bank - Private Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
INDUSIND BANK | 45,748.2 | 2.40 | 109,727.2 |
HDFC BANK LTD | 283,649.0 | 3.91 | 1,110,170.0 |
ICICI BANK LTD | 159,516.0 | 4.98 | 795,144.0 |
KOTAK MAHINDRA BANK LTD | 56,236.6 | 5.91 | 332,362.0 |
AXIS BANK LTD | 112,759.0 | 3.12 | 352,097.0 |
IDBI BANK LTD | 26,445.7 | 3.39 | 89,653.5 |
YES BANK LTD | 27,605.9 | 2.57 | 71,024.3 |
IDFC FIRST BANK LTD | 30,325.1 | 1.80 | 54,477.0 |
AU SMALL FINANCE BANK LTD | 10,554.7 | 4.37 | 46,175.7 |
THE FEDERAL BANK LTD | 23,565.5 | 1.70 | 40,007.8 |
BANDHAN BANK LTD | 17,948.5 | 1.61 | 28,941.1 |
Bank - Private Industry Benchmark (Top 10) PS Analysis vs INDUSIND BANK 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.61x |
Max industry PS | 5.91x |
Median industry PS | 3.12x |
Average industry PS | 3.25x |
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