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SKF INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of SKF INDIA is 5.61.

Share Price ₹5,258.7Sep 06,2024
Market Cap ₹25,978.0 Cr
Sales-TTM₹4,627.1 CrTTM-Consolidated Results
Price/Sales5.61xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SKF 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 SKF INDIA is calculated as :

Current Market Cap [ ₹25,978.0 Cr] as on Sep 06,2024

(/) Sales [ ₹4,627.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 5.61x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for SKF INDIA , the investors are currently willing to pay '5.61 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 SKF INDIA !

The chart below summarizes the trend in P/S Ratio of SKF INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of SKF INDIA


PS Ratio Performance Analysis for SKF INDIA

- SKF INDIA 's latest p/e ratio is 5.61x.

- SKF INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 4.58x.

- SKF INDIA 's operated at median p/e ratio of 4.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, SKF INDIA 's p/e ratio peaked in Mar2023 at 4.89x.

- SKF INDIA 's p/e ratio hit its five-year low in Mar2021 of 4.17x.


How does SKF INDIA 's P/S Ratio benchmark against top 10 peers in Bearings Industry?

Peer Comparison (Bearings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
SKF INDIA 4,627.15.6125,978.0
SCHAEFFLER INDIA LTD7,624.57.9260,354.3
TIMKEN INDIA LTD2,975.79.3627,860.3
ROLEX RINGS LTD1,221.25.586,811.2
NRB BEARINGS LTD1,111.32.823,134.0
GALAXY BEARINGS LTD120.93.74452.6
BIMETAL BEARINGS LTD232.91.30302.2
VISHAL BEARINGS LTD93.71.48139.0
SNL BEARINGS LTD48.13.09148.4

Bearings Industry Benchmark (Top 10) PS Analysis vs SKF INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.30x
Max industry PS 9.36x
Median industry PS 3.74x
Average industry PS 4.54x



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