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OLECTRA GREENTECH
PS (Price/Sales) Ratio

The Current P/S Ratio of OLECTRA GREENTECH is 7.99.

Share Price ₹1,428.7Nov 21,2024
Market Cap ₹11,729.6 Cr
Sales-TTM₹1,468.6 CrTTM-Consolidated Results
Price/Sales7.99xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of OLECTRA GREENTECH

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 OLECTRA GREENTECH is calculated as :

Current Market Cap [ ₹11,729.6 Cr] as on Nov 21,2024

(/) Sales [ ₹1,468.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 7.99x ]

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

Thus, for OLECTRA GREENTECH , the investors are currently willing to pay '7.99 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 OLECTRA GREENTECH !

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

Historical PS (Price/Sales) ratio chart of OLECTRA GREENTECH


PS Ratio Performance Analysis for OLECTRA GREENTECH

- OLECTRA GREENTECH 's latest p/e ratio is 7.99x.

- OLECTRA GREENTECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.11x.

- OLECTRA GREENTECH 's operated at median p/e ratio of 6.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, OLECTRA GREENTECH 's p/e ratio peaked in Mar2024 at 13.43x.

- OLECTRA GREENTECH 's p/e ratio hit its five-year low in Mar2020 of 1.91x.


How does OLECTRA GREENTECH 's P/S Ratio benchmark against top 10 peers in Automobiles-Trucks/Lcv Industry?

Peer Comparison (Automobiles-Trucks/Lcv Industry)Sales (Cr)PS RatioMarket Cap (Cr)
OLECTRA GREENTECH 1,468.67.9911,729.6
TATA MOTORS LTD440,061.00.65284,798.0
ASHOK LEYLAND LTD46,542.41.3864,249.0
FORCE MOTORS LTD7,529.11.168,747.5
SML ISUZU LTD2,361.50.982,313.5

Automobiles-Trucks/Lcv Industry Benchmark (Top 10) PS Analysis vs OLECTRA GREENTECH 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.65x
Max industry PS 7.99x
Median industry PS 1.16x
Average industry PS 2.43x



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