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MEHAI TECHNOLOGY
PS (Price/Sales) Ratio

The Current P/S Ratio of MEHAI TECHNOLOGY is 6.29.

Share Price ₹15.8Apr 02,2025
Market Cap ₹450.4 Cr
Sales-TTM₹71.6 CrTTM-Consolidated Results
Price/Sales6.29xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MEHAI TECHNOLOGY

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 MEHAI TECHNOLOGY is calculated as :

Current Market Cap [ ₹450.4 Cr] as on Apr 02,2025

(/) Sales [ ₹71.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 6.29x ]

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

Thus, for MEHAI TECHNOLOGY , the investors are currently willing to pay '6.29 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 MEHAI TECHNOLOGY !

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

Historical PS (Price/Sales) ratio chart of MEHAI TECHNOLOGY


PS Ratio Performance Analysis for MEHAI TECHNOLOGY

- MEHAI TECHNOLOGY 's latest p/e ratio is 6.29x.

- MEHAI TECHNOLOGY 's p/e ratio for fiscal years ending Mar2024 to Mar2023 averaged 2.39x.

- MEHAI TECHNOLOGY 's operated at median p/e ratio of 2.57x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, MEHAI TECHNOLOGY 's p/e ratio peaked in Mar2024 at 2.57x.

- MEHAI TECHNOLOGY 's p/e ratio hit its five-year low in Mar2023 of 2.2x.


How does MEHAI TECHNOLOGY 's P/S Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Sales (Cr)PS RatioMarket Cap (Cr)
MEHAI TECHNOLOGY 71.66.29450.4
SIEMENS LTD21,001.78.96188,096.0
ABB INDIA LTD12,188.39.24112,590.0
HAVELLS INDIA LTD20,676.54.5894,699.5
CG POWER AND INDUSTRIAL SOLUTIONS LTD9,347.610.2095,332.6
SUZLON ENERGY LTD9,296.08.4278,316.4
WAAREE ENERGIES LTD12,165.15.3865,494.8
HITACHI ENERGY INDIA LTD6,196.58.9455,413.5
GE VERNOVA T&D INDIA LTD4,053.49.4238,186.8
APAR INDUSTRIES LTD17,826.61.2321,997.2
INOX WIND LTD2,810.17.4320,880.3

Electric Equipment Industry Benchmark (Top 10) PS Analysis vs MEHAI TECHNOLOGY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.23x
Max industry PS 10.20x
Median industry PS 8.42x
Average industry PS 7.28x



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