PETRONET LNG
|
The Current P/S Ratio of PETRONET LNG is 0.88.
Share Price | ₹322.0 | Nov 21,2024 |
Market Cap | ₹48,292.5 Cr | |
Sales-TTM | ₹54,979.8 Cr | TTM-Consolidated Results |
Price/Sales | 0.88x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of PETRONET LNG
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹48,292.5 Cr] as on Nov 21,2024
(/) Sales [ ₹54,979.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.88x ]
Thus, for PETRONET LNG , the investors are currently willing to pay '0.88 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 PETRONET LNG !
The chart below summarizes the trend in P/S Ratio of PETRONET LNG over the last five years.
Historical PS (Price/Sales) ratio chart of PETRONET LNG
PS Ratio Performance Analysis for PETRONET LNG
- PETRONET LNG 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.83x.
- PETRONET LNG 's operated at median p/e ratio of 0.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PETRONET LNG 's p/e ratio peaked in Mar2021 at 1.3x.
- PETRONET LNG 's p/e ratio hit its five-year low in Mar2023 of 0.57x.
How does PETRONET LNG 's P/S Ratio benchmark against top 10 peers in Industrial Gases & Fuels Industry?
Peer Comparison (Industrial Gases & Fuels Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
PETRONET LNG | 54,979.8 | 0.88 | 48,292.5 |
GAIL (INDIA) LTD | 136,404.0 | 0.91 | 123,875.0 |
LINDE INDIA LTD | 2,624.0 | 20.72 | 54,374.7 |
CONFIDENCE PETROLEUM INDIA LTD | 2,708.5 | 0.81 | 2,204.1 |
IRM ENERGY LTD | 968.6 | 1.57 | 1,518.8 |
REFEX INDUSTRIES LTD | 1,771.1 | 3.42 | 6,051.9 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PS Analysis vs PETRONET LNG 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.81x |
Max industry PS | 20.72x |
Median industry PS | 1.57x |
Average industry PS | 4.72x |
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