Home > PS Ratio > POWER GRID CORPORATION OF INDIA

POWER GRID CORPORATION OF INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of POWER GRID CORPORATION OF INDIA is 6.61.

Share Price ₹325.8Nov 21,2024
Market Cap ₹303,013.5 Cr
Sales-TTM₹45,811.8 CrTTM-Consolidated Results
Price/Sales6.61xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for POWER GRID CORPORATION OF INDIA
Please provide your vote to see the results
POWER GRID CORPORATION OF INDIA is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals

Definition & Calculation of PS (Price/Sales) ratio of POWER GRID CORPORATION OF INDIA

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 POWER GRID CORPORATION OF INDIA is calculated as :

Current Market Cap [ ₹303,013.5 Cr] as on Nov 21,2024

(/) Sales [ ₹45,811.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 6.61x ]

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

Thus, for POWER GRID CORPORATION OF INDIA , the investors are currently willing to pay '6.61 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 POWER GRID CORPORATION OF INDIA !

The chart below summarizes the trend in P/S Ratio of POWER GRID CORPORATION OF INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of POWER GRID CORPORATION OF INDIA


PS Ratio Performance Analysis for POWER GRID CORPORATION OF INDIA

- POWER GRID CORPORATION OF INDIA 's latest p/e ratio is 6.61x.

- POWER GRID CORPORATION OF INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.55x.

- POWER GRID CORPORATION OF INDIA 's operated at median p/e ratio of 3.45x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, POWER GRID CORPORATION OF INDIA 's p/e ratio peaked in Mar2024 at 5.62x.

- POWER GRID CORPORATION OF INDIA 's p/e ratio hit its five-year low in Mar2020 of 2.2x.


How does POWER GRID CORPORATION OF INDIA 's P/S Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Sales (Cr)PS RatioMarket Cap (Cr)
POWER GRID CORPORATION OF INDIA 45,811.86.61303,013.5
NTPC LTD183,659.01.88345,298.0
ADANI GREEN ENERGY LTD10,727.016.93181,593.0
ADANI POWER LTD54,649.63.36183,648.0
TATA POWER COMPANY LTD63,488.92.06130,514.0
ADANI ENERGY SOLUTIONS LTD20,831.84.0283,813.5
NHPC LTD9,689.88.2379,717.4
JSW ENERGY LTD11,415.810.69122,064.0
TORRENT POWER LTD29,104.22.6176,081.6
SJVN LTD2,922.813.9240,673.4
NLC INDIA LTD13,738.32.5535,095.8

Power Generation/Distribution Industry Benchmark (Top 10) PS Analysis vs POWER GRID CORPORATION OF INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.88x
Max industry PS 16.93x
Median industry PS 4.02x
Average industry PS 6.62x



You may also like the below Video Courses