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PARAS DEFENCE AND SPACE TECHNOLOGIES
PS (Price/Sales) Ratio

The Current P/S Ratio of PARAS DEFENCE AND SPACE TECHNOLOGIES is 13.86.

Share Price ₹1,081.7Nov 27,2024
Market Cap ₹4,359.0 Cr
Sales-TTM₹314.5 CrTTM-Consolidated Results
Price/Sales13.86xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of PARAS DEFENCE AND SPACE TECHNOLOGIES

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 PARAS DEFENCE AND SPACE TECHNOLOGIES is calculated as :

Current Market Cap [ ₹4,359.0 Cr] as on Nov 27,2024

(/) Sales [ ₹314.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 13.86x ]

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

Thus, for PARAS DEFENCE AND SPACE TECHNOLOGIES , the investors are currently willing to pay '13.86 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 PARAS DEFENCE AND SPACE TECHNOLOGIES !

The chart below summarizes the trend in P/S Ratio of PARAS DEFENCE AND SPACE TECHNOLOGIES over the last five years.

Historical PS (Price/Sales) ratio chart of PARAS DEFENCE AND SPACE TECHNOLOGIES


PS Ratio Performance Analysis for PARAS DEFENCE AND SPACE TECHNOLOGIES

- PARAS DEFENCE AND SPACE TECHNOLOGIES 's latest p/e ratio is 13.86x.

- PARAS DEFENCE AND SPACE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.21x.

- PARAS DEFENCE AND SPACE TECHNOLOGIES 's operated at median p/e ratio of 8.25x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PARAS DEFENCE AND SPACE TECHNOLOGIES 's p/e ratio peaked in Mar2022 at 13.36x.

- PARAS DEFENCE AND SPACE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does PARAS DEFENCE AND SPACE TECHNOLOGIES 's P/S Ratio benchmark against top 10 peers in Defence Industry?

Peer Comparison (Defence Industry)Sales (Cr)PS RatioMarket Cap (Cr)
PARAS DEFENCE AND SPACE TECHNOLOGIES 314.513.864,359.0
HINDUSTAN AERONAUTICS LTD31,153.89.61299,504.0
BHARAT DYNAMICS LTD2,191.718.7040,989.0
DATA PATTERNS (INDIA) LTD516.926.2313,557.1
ASTRA MICROWAVE PRODUCTS LTD969.87.507,269.5
ROSSELL INDIA LTD372.40.82306.4

Defence Industry Benchmark (Top 10) PS Analysis vs PARAS DEFENCE AND SPACE TECHNOLOGIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.82x
Max industry PS 26.23x
Median industry PS 13.86x
Average industry PS 12.79x



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