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SPICEJET
PS (Price/Sales) Ratio

The Current P/S Ratio of SPICEJET is 1.16.

Share Price ₹61.4Nov 27,2024
Market Cap ₹7,868.4 Cr
Sales-TTM₹6,790.0 CrTTM-Consolidated Results
Price/Sales1.16xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SPICEJET

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 SPICEJET is calculated as :

Current Market Cap [ ₹7,868.4 Cr] as on Nov 27,2024

(/) Sales [ ₹6,790.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.16x ]

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

Thus, for SPICEJET , the investors are currently willing to pay '1.16 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 latest p/e ratio is 1.16x.

- 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 RatioMarket Cap (Cr)
SPICEJET 6,790.01.167,868.4
INTERGLOBE AVIATION LTD73,817.72.23164,884.0
TANEJA AEROSPACE & AVIATION LTD34.930.371,059.8
TAAL ENTERPRISES LTD187.74.55854.4
JET AIRWAYS (INDIA) LTD74.85.17386.7
GLOBAL VECTRA HELICORP LTD544.80.67367.4

Airlines Industry Benchmark (Top 10) PS Analysis vs SPICEJET 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.67x
Max industry PS 30.37x
Median industry PS 4.55x
Average industry PS 7.36x



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