REC
|
The Current P/S Ratio of REC is 2.59.
Share Price | ₹506.2 | Nov 22,2024 |
Market Cap | ₹133,292.6 Cr | |
Sales-TTM | ₹51,490.0 Cr | TTM-Consolidated Results |
Price/Sales | 2.59x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of REC
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹133,292.6 Cr] as on Nov 22,2024
(/) Sales [ ₹51,490.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.59x ]
Thus, for REC , the investors are currently willing to pay '2.59 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 REC !
The chart below summarizes the trend in P/S Ratio of REC over the last five years.
Historical PS (Price/Sales) ratio chart of REC
PS Ratio Performance Analysis for REC
- REC 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.04x.
- REC 's operated at median p/e ratio of 0.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, REC 's p/e ratio peaked in Mar2024 at 2.5x.
- REC 's p/e ratio hit its five-year low in Mar2020 of 0.59x.
How does REC 's P/S Ratio benchmark against top 10 peers in Finance Term Lending Industry?
Peer Comparison (Finance Term Lending Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
REC | 51,490.0 | 2.59 | 133,292.6 |
INDIAN RAILWAY FINANCE CORPORATION LTD | 26,880.7 | 6.91 | 185,769.0 |
POWER FINANCE CORPORATION LTD | 98,151.8 | 1.61 | 157,712.0 |
IFCI LTD | 2,064.8 | 7.34 | 15,164.1 |
UJJIVAN FINANCIAL SERVICES LTD | 5,678.2 | 1.27 | 7,189.6 |
MAS FINANCIAL SERVICES LTD | 1,434.4 | 3.53 | 5,061.6 |
SATIN CREDITCARE NETWORK LTD | 2,527.2 | 0.65 | 1,642.2 |
TOURISM FINANCE CORPORATION OF INDIA LTD | 251.3 | 6.11 | 1,535.7 |
GUJARAT STATE FINANCIAL CORPORATION LTD | 1.5 | 127.24 | 192.1 |
Finance Term Lending Industry Benchmark (Top 10) PS Analysis vs REC 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.65x |
Max industry PS | 127.24x |
Median industry PS | 3.53x |
Average industry PS | 17.47x |
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