RELIANCE COMMUNICATIONS
|
The Current P/S Ratio of RELIANCE COMMUNICATIONS is 1.37.
Share Price | ₹1.8 | Nov 25,2024 |
Market Cap | ₹508.9 Cr | |
Sales-TTM | ₹371.0 Cr | TTM-Consolidated Results |
Price/Sales | 1.37x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of RELIANCE COMMUNICATIONS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹508.9 Cr] as on Nov 25,2024
(/) Sales [ ₹371.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.37x ]
Thus, for RELIANCE COMMUNICATIONS , the investors are currently willing to pay '1.37 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 RELIANCE COMMUNICATIONS !
The chart below summarizes the trend in P/S Ratio of RELIANCE COMMUNICATIONS over the last five years.
Historical PS (Price/Sales) ratio chart of RELIANCE COMMUNICATIONS
PS Ratio Performance Analysis for RELIANCE COMMUNICATIONS
- RELIANCE COMMUNICATIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.81x.
- RELIANCE COMMUNICATIONS 's operated at median p/e ratio of 0.74x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RELIANCE COMMUNICATIONS 's p/e ratio peaked in Mar2022 at 1.33x.
- RELIANCE COMMUNICATIONS 's p/e ratio hit its five-year low in Mar2020 of 0.07x.
How does RELIANCE COMMUNICATIONS 's P/S Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?
Peer Comparison (Telecommunication - Service Provider Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
RELIANCE COMMUNICATIONS | 371.0 | 1.37 | 508.9 |
BHARTI AIRTEL LTD | 155,478.0 | 6.18 | 960,517.0 |
INDUS TOWERS LTD | 29,240.5 | 3.16 | 92,282.9 |
VODAFONE IDEA LTD | 42,720.4 | 1.36 | 58,199.4 |
TATA COMMUNICATIONS LTD | 22,725.7 | 2.21 | 50,249.8 |
TATA TELESERVICES (MAHARASHTRA) LTD | 1,286.3 | 12.53 | 16,122.3 |
RAILTEL CORPORATION OF INDIA LTD | 2,054.3 | 6.39 | 13,123.2 |
HATHWAY CABLE & DATACOM LTD | 2,013.3 | 1.50 | 3,011.0 |
MAHANAGAR TELEPHONE NIGAM LTD | 759.3 | 4.04 | 3,066.8 |
GTL LTD | 242.1 | 0.84 | 204.5 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PS Analysis vs RELIANCE COMMUNICATIONS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.84x |
Max industry PS | 12.53x |
Median industry PS | 3.16x |
Average industry PS | 3.96x |
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