SHIPPING CORPORATION OF INDIA
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The Current P/S Ratio of SHIPPING CORPORATION OF INDIA is 1.93.
Share Price | ₹237.5 | Dec 04,2024 |
Market Cap | ₹11,062.8 Cr | |
Sales-TTM | ₹5,718.3 Cr | TTM-Consolidated Results |
Price/Sales | 1.93x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of SHIPPING CORPORATION OF INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹11,062.8 Cr] as on Dec 04,2024
(/) Sales [ ₹5,718.3 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.93x ]
Thus, for SHIPPING CORPORATION OF INDIA , the investors are currently willing to pay '1.93 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 SHIPPING CORPORATION OF INDIA !
The chart below summarizes the trend in P/S Ratio of SHIPPING CORPORATION OF INDIA over the last five years.
Historical PS (Price/Sales) ratio chart of SHIPPING CORPORATION OF INDIA
PS Ratio Performance Analysis for SHIPPING CORPORATION OF INDIA
- SHIPPING CORPORATION OF INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.11x.
- SHIPPING CORPORATION OF INDIA 's operated at median p/e ratio of 1.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHIPPING CORPORATION OF INDIA 's p/e ratio peaked in Mar2024 at 1.93x.
- SHIPPING CORPORATION OF INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.4x.
How does SHIPPING CORPORATION OF INDIA 's P/S Ratio benchmark against top 10 peers in Shipping Industry?
Peer Comparison (Shipping Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
SHIPPING CORPORATION OF INDIA | 5,718.3 | 1.93 | 11,062.8 |
THE GREAT EASTERN SHIPPING COMPANY LTD | 5,605.1 | 2.76 | 15,493.1 |
SEAMEC LTD | 752.6 | 4.17 | 3,134.5 |
DREDGING CORPORATION OF INDIA LTD | 898.6 | 2.92 | 2,627.7 |
SHREYAS SHIPPING & LOGISTICS LTD | 380.0 | 2.57 | 978.2 |
ESSAR SHIPPING LTD | 155.5 | 4.94 | 767.5 |
GLOBAL OFFSHORE SERVICES LTD | 31.3 | 11.25 | 351.7 |
Shipping Industry Benchmark (Top 10) PS Analysis vs SHIPPING CORPORATION OF INDIA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.93x |
Max industry PS | 11.25x |
Median industry PS | 2.92x |
Average industry PS | 4.36x |
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