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LINDE INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of LINDE INDIA is 26.77.

Share Price ₹8,688.8May 31,2024
Market Cap ₹74,115.5 Cr
Sales-TTM₹2,768.7 CrTTM-Consolidated Results
Price/Sales26.77xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of LINDE INDIA

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 LINDE INDIA is calculated as :

Current Market Cap [ ₹74,115.5 Cr] as on May 31,2024

(/) Sales [ ₹2,768.7 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 26.77x ]

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

Thus, for LINDE INDIA , the investors are currently willing to pay '26.77 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 LINDE INDIA !

The chart below summarizes the trend in P/S Ratio of LINDE INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of LINDE INDIA


PS Ratio Performance Analysis for LINDE INDIA

- LINDE INDIA 's latest p/e ratio is 26.77x.

- LINDE INDIA 's p/e ratio for fiscal years ending Mar2023 to Dec2018 averaged 6.50x.

- LINDE INDIA 's operated at median p/e ratio of 5.63x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LINDE INDIA 's p/e ratio peaked in Mar2023 at 10.97x.

- LINDE INDIA 's p/e ratio hit its five-year low in Dec2018 of 2.65x.


How does LINDE INDIA 's P/S Ratio benchmark against top 10 peers in Industrial Gases & Fuels Industry?

Peer Comparison (Industrial Gases & Fuels Industry)Sales (Cr)PS RatioMarket Cap (Cr)
LINDE INDIA 2,768.726.7774,115.5
GAIL (INDIA) LTD133,500.01.01134,362.0
PETRONET LNG LTD52,729.30.8544,632.5
CONFIDENCE PETROLEUM INDIA LTD2,740.80.962,637.6
IRM ENERGY LTD969.72.011,952.4
REFEX INDUSTRIES LTD1,382.91.131,562.9

Industrial Gases & Fuels Industry Benchmark (Top 10) PS Analysis vs LINDE INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.85x
Max industry PS 26.77x
Median industry PS 1.13x
Average industry PS 5.45x



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