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

The Current P/S Ratio of POWER GRID CORPORATION OF INDIA is 6.39.

Share Price ₹316.9May 18,2024
Market Cap ₹294,689.5 Cr
Sales-TTM₹46,128.7 CrTTM-Consolidated Results
Price/Sales6.39xCalculated as Market Cap/Sales
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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 [ ₹294,689.5 Cr] as on May 18,2024

(/) Sales [ ₹46,128.7 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 6.39x ]

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 '6.39 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 6.39x.

- POWER GRID CORPORATION OF INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.02x.

- POWER GRID CORPORATION OF INDIA 's operated at median p/e ratio of 2.96x 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 Mar2022 at 3.63x.

- 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 46,128.76.39294,689.5
NTPC LTD175,132.02.03355,286.0
ADANI GREEN ENERGY LTD9,234.031.43290,258.0
ADANI POWER LTD50,351.24.86244,819.0
TATA POWER COMPANY LTD61,448.92.29140,994.0
ADANI ENERGY SOLUTIONS LTD16,607.47.01116,418.0
NHPC LTD9,632.210.2198,330.9
JSW ENERGY LTD11,485.99.09104,429.0
TORRENT POWER LTD26,692.52.4966,471.7
SJVN LTD2,600.220.3752,954.0
NLC INDIA LTD12,999.02.5633,286.2

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 2.03x
Max industry PS 31.43x
Median industry PS 6.39x
Average industry PS 8.98x



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