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MINDA CORPORATION
PS (Price/Sales) Ratio

The Current P/S Ratio of MINDA CORPORATION is 2.69.

Share Price ₹547.2Dec 11,2024
Market Cap ₹13,083.6 Cr
Sales-TTM₹4,863.2 CrTTM-Consolidated Results
Price/Sales2.69xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MINDA CORPORATION

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 MINDA CORPORATION is calculated as :

Current Market Cap [ ₹13,083.6 Cr] as on Dec 11,2024

(/) Sales [ ₹4,863.2 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.69x ]

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

Thus, for MINDA CORPORATION , the investors are currently willing to pay '2.69 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 MINDA CORPORATION !

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

Historical PS (Price/Sales) ratio chart of MINDA CORPORATION


PS Ratio Performance Analysis for MINDA CORPORATION

- MINDA CORPORATION 's latest p/e ratio is 2.69x.

- MINDA CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.32x.

- MINDA CORPORATION 's operated at median p/e ratio of 1.2x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MINDA CORPORATION 's p/e ratio peaked in Mar2024 at 2.15x.

- MINDA CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 0.59x.


How does MINDA CORPORATION 's P/S Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Sales (Cr)PS RatioMarket Cap (Cr)
MINDA CORPORATION 4,863.22.6913,083.6
BOSCH LTD17,149.76.23106,814.0
SAMVARDHANA MOTHERSON INTERNATIONAL LTD109,436.01.07117,330.0
SONA BLW PRECISION FORGINGS LTD3,479.311.4639,886.8
UNO MINDA LTD15,379.24.0261,848.9
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD3,713.86.0022,270.3
ENDURANCE TECHNOLOGIES LTD10,984.03.0032,960.1
JBM AUTO LTD5,262.63.9720,873.6
TVS HOLDINGS LTD42,151.10.5623,782.1
CRAFTSMAN AUTOMATION LTD4,600.22.5911,892.0
MAHARASHTRA SCOOTERS LTD182.459.3910,835.4

Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs MINDA CORPORATION 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.56x
Max industry PS 59.39x
Median industry PS 3.97x
Average industry PS 9.18x



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