IRM ENERGY
|
The Current P/S Ratio of IRM ENERGY is 1.97.
Share Price | ₹457.0 | Sep 13,2024 |
Market Cap | ₹1,878.1 Cr | |
Sales-TTM | ₹955.2 Cr | TTM-Consolidated Results |
Price/Sales | 1.97x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of IRM ENERGY
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,878.1 Cr] as on Sep 13,2024
(/) Sales [ ₹955.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.97x ]
Thus, for IRM ENERGY , the investors are currently willing to pay '1.97 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 IRM ENERGY !
The chart below summarizes the trend in P/S Ratio of IRM ENERGY over the last five years.
Historical PS (Price/Sales) ratio chart of IRM ENERGY
PS Ratio Performance Analysis for IRM ENERGY
- IRM ENERGY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.43x.
- IRM ENERGY '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, IRM ENERGY 's p/e ratio peaked in Mar2024 at 2.16x.
- IRM ENERGY 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does IRM ENERGY 's P/S Ratio benchmark against top 10 peers in Industrial Gases & Fuels Industry?
Peer Comparison (Industrial Gases & Fuels Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
IRM ENERGY | 955.2 | 1.97 | 1,878.1 |
GAIL (INDIA) LTD | 135,473.0 | 1.06 | 143,929.0 |
LINDE INDIA LTD | 2,700.9 | 25.97 | 70,131.4 |
PETRONET LNG LTD | 54,488.1 | 0.92 | 50,227.5 |
CONFIDENCE PETROLEUM INDIA LTD | 2,601.3 | 1.16 | 3,011.4 |
REFEX INDUSTRIES LTD | 1,595.7 | 3.56 | 5,677.6 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PS Analysis vs IRM ENERGY 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.92x |
Max industry PS | 25.97x |
Median industry PS | 1.97x |
Average industry PS | 5.77x |
You may also like the below Video Courses