LAXMI ORGANIC INDUSTRIES
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The Current P/S Ratio of LAXMI ORGANIC INDUSTRIES is 2.31.
Share Price | ₹248.1 | Nov 22,2024 |
Market Cap | ₹6,863.5 Cr | |
Sales-TTM | ₹2,975.8 Cr | TTM-Consolidated Results |
Price/Sales | 2.31x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of LAXMI ORGANIC INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹6,863.5 Cr] as on Nov 22,2024
(/) Sales [ ₹2,975.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.31x ]
Thus, for LAXMI ORGANIC INDUSTRIES , the investors are currently willing to pay '2.31 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 LAXMI ORGANIC INDUSTRIES !
The chart below summarizes the trend in P/S Ratio of LAXMI ORGANIC INDUSTRIES over the last five years.
Historical PS (Price/Sales) ratio chart of LAXMI ORGANIC INDUSTRIES
PS Ratio Performance Analysis for LAXMI ORGANIC INDUSTRIES
- LAXMI ORGANIC INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.08x.
- LAXMI ORGANIC INDUSTRIES 's operated at median p/e ratio of 2.27x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LAXMI ORGANIC INDUSTRIES 's p/e ratio peaked in Mar2022 at 3.42x.
- LAXMI ORGANIC INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does LAXMI ORGANIC INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
LAXMI ORGANIC INDUSTRIES | 2,975.8 | 2.31 | 6,863.5 |
PIDILITE INDUSTRIES LTD | 12,662.1 | 11.88 | 150,478.0 |
SOLAR INDUSTRIES INDIA LTD | 6,450.5 | 14.07 | 90,766.5 |
SRF LTD | 13,511.2 | 4.75 | 64,201.2 |
GUJARAT FLUOROCHEMICALS LTD | 4,488.8 | 9.33 | 41,885.3 |
DEEPAK NITRITE LTD | 8,334.3 | 4.37 | 36,422.4 |
TATA CHEMICALS LTD | 14,993.0 | 1.82 | 27,243.6 |
GODREJ INDUSTRIES LTD | 17,210.2 | 2.01 | 34,611.4 |
AARTI INDUSTRIES LTD | 6,988.0 | 2.23 | 15,617.3 |
ATUL LTD | 5,064.8 | 4.22 | 21,377.7 |
VINATI ORGANICS LTD | 2,076.3 | 9.21 | 19,132.0 |
Chemicals Industry Benchmark (Top 10) PS Analysis vs LAXMI ORGANIC INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.82x |
Max industry PS | 14.07x |
Median industry PS | 4.37x |
Average industry PS | 6.02x |
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