SPICEJET
|
The Current P/S Ratio of SPICEJET is 1.05.
Share Price | ₹55.8 | Nov 22,2024 |
Market Cap | ₹7,153.2 Cr | |
Sales-TTM | ₹6,790.0 Cr | TTM-Consolidated Results |
Price/Sales | 1.05x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of SPICEJET
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹7,153.2 Cr] as on Nov 22,2024
(/) Sales [ ₹6,790.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.05x ]
Thus, for SPICEJET , the investors are currently willing to pay '1.05 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 SPICEJET !
The chart below summarizes the trend in P/S Ratio of SPICEJET over the last five years.
Historical PS (Price/Sales) ratio chart of SPICEJET
PS Ratio Performance Analysis for SPICEJET
- SPICEJET 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.47x.
- SPICEJET 's operated at median p/e ratio of 0.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SPICEJET 's p/e ratio peaked in Mar2021 at 0.81x.
- SPICEJET 's p/e ratio hit its five-year low in Mar2020 of 0.18x.
How does SPICEJET 's P/S Ratio benchmark against top 10 peers in Airlines Industry?
Peer Comparison (Airlines Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
SPICEJET | 6,790.0 | 1.05 | 7,153.2 |
INTERGLOBE AVIATION LTD | 73,817.7 | 2.17 | 160,025.0 |
TANEJA AEROSPACE & AVIATION LTD | 34.9 | 29.53 | 1,030.7 |
TAAL ENTERPRISES LTD | 187.7 | 4.42 | 829.2 |
JET AIRWAYS (INDIA) LTD | 74.8 | 5.17 | 386.7 |
GLOBAL VECTRA HELICORP LTD | 544.8 | 0.58 | 317.5 |
Airlines Industry Benchmark (Top 10) PS Analysis vs SPICEJET 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.58x |
Max industry PS | 29.53x |
Median industry PS | 4.42x |
Average industry PS | 7.15x |
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