RACE ECO CHAIN
|
The Current P/S Ratio of RACE ECO CHAIN is 1.80.
Share Price | ₹355.1 | Dec 27,2024 |
Market Cap | ₹614.3 Cr | |
Sales-TTM | ₹341.3 Cr | TTM-Standalone Results |
Price/Sales | 1.80x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of RACE ECO CHAIN
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹614.3 Cr] as on Dec 27,2024
(/) Sales [ ₹341.3 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.80x ]
Thus, for RACE ECO CHAIN , the investors are currently willing to pay '1.80 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 RACE ECO CHAIN !
The chart below summarizes the trend in P/S Ratio of RACE ECO CHAIN over the last five years.
Historical PS (Price/Sales) ratio chart of RACE ECO CHAIN
PS Ratio Performance Analysis for RACE ECO CHAIN
- RACE ECO CHAIN 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.36x.
- RACE ECO CHAIN 's operated at median p/e ratio of 1.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RACE ECO CHAIN 's p/e ratio peaked in Mar2021 at 7.28x.
- RACE ECO CHAIN 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does RACE ECO CHAIN 's P/S Ratio benchmark against top 10 peers in Environmental Services Industry?
Peer Comparison (Environmental Services Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
RACE ECO CHAIN | 341.3 | 1.80 | 614.3 |
VA TECH WABAG LTD | 2,965.4 | 3.45 | 10,232.8 |
ANTONY WASTE HANDLING CELL LTD | 875.5 | 2.00 | 1,748.8 |
ECO RECYCLING LTD | 39.8 | 45.68 | 1,817.7 |
Environmental Services Industry Benchmark (Top 10) PS Analysis vs RACE ECO CHAIN 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.80x |
Max industry PS | 45.68x |
Median industry PS | 3.45x |
Average industry PS | 13.23x |
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