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PETRONET LNG
PS (Price/Sales) Ratio

The Current P/S Ratio of PETRONET LNG is 0.88.

Share Price ₹322.0Nov 21,2024
Market Cap ₹48,292.5 Cr
Sales-TTM₹54,979.8 CrTTM-Consolidated Results
Price/Sales0.88xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of PETRONET LNG

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 PETRONET LNG is calculated as :

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 ]

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

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 latest p/e ratio is 0.88x.

- 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 RatioMarket Cap (Cr)
PETRONET LNG 54,979.80.8848,292.5
GAIL (INDIA) LTD136,404.00.91123,875.0
LINDE INDIA LTD2,624.020.7254,374.7
CONFIDENCE PETROLEUM INDIA LTD2,708.50.812,204.1
IRM ENERGY LTD968.61.571,518.8
REFEX INDUSTRIES LTD1,771.13.426,051.9

Industrial Gases & Fuels Industry Benchmark (Top 10) PS Analysis vs PETRONET LNG 's P/S Ratio

Top 10 Industry PeersPS 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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