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NIPPON LIFE INDIA ASSET MANAGEMENT
PS (Price/Sales) Ratio

The Current P/S Ratio of NIPPON LIFE INDIA ASSET MANAGEMENT is 17.70.

Share Price ₹594.8Apr 02,2025
Market Cap ₹37,752.0 Cr
Sales-TTM₹2,132.4 CrTTM-Consolidated Results
Price/Sales17.70xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of NIPPON LIFE INDIA ASSET MANAGEMENT

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 NIPPON LIFE INDIA ASSET MANAGEMENT is calculated as :

Current Market Cap [ ₹37,752.0 Cr] as on Apr 02,2025

(/) Sales [ ₹2,132.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 17.70x ]

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

Thus, for NIPPON LIFE INDIA ASSET MANAGEMENT , the investors are currently willing to pay '17.70 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 NIPPON LIFE INDIA ASSET MANAGEMENT !

The chart below summarizes the trend in P/S Ratio of NIPPON LIFE INDIA ASSET MANAGEMENT over the last five years.

Historical PS (Price/Sales) ratio chart of NIPPON LIFE INDIA ASSET MANAGEMENT


PS Ratio Performance Analysis for NIPPON LIFE INDIA ASSET MANAGEMENT

- NIPPON LIFE INDIA ASSET MANAGEMENT 's latest p/e ratio is 17.70x.

- NIPPON LIFE INDIA ASSET MANAGEMENT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.32x.

- NIPPON LIFE INDIA ASSET MANAGEMENT 's operated at median p/e ratio of 16.58x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NIPPON LIFE INDIA ASSET MANAGEMENT 's p/e ratio peaked in Mar2021 at 19.62x.

- NIPPON LIFE INDIA ASSET MANAGEMENT 's p/e ratio hit its five-year low in Mar2023 of 9.69x.


How does NIPPON LIFE INDIA ASSET MANAGEMENT 's P/S Ratio benchmark against top 10 peers in Finance - Asset Management Industry?

Peer Comparison (Finance - Asset Management Industry)Sales (Cr)PS RatioMarket Cap (Cr)
NIPPON LIFE INDIA ASSET MANAGEMENT 2,132.417.7037,752.0
HDFC ASSET MANAGEMENT COMPANY LTD3,292.526.4687,105.7
ADITYA BIRLA SUN LIFE AMC LTD1,621.511.5518,733.1
UTI ASSET MANAGEMENT COMPANY LTD1,901.37.1613,620.0
SHRIRAM ASSET MANAGEMENT COMPANY LTD7.673.71557.1

Finance - Asset Management Industry Benchmark (Top 10) PS Analysis vs NIPPON LIFE INDIA ASSET MANAGEMENT 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 7.16x
Max industry PS 73.71x
Median industry PS 17.70x
Average industry PS 27.32x



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