STOVEC INDUSTRIES
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The Current P/S Ratio of STOVEC INDUSTRIES is 2.51.
Share Price | ₹2,828.3 | Nov 22,2024 |
Market Cap | ₹593.9 Cr | |
Sales-TTM | ₹236.5 Cr | TTM-Standalone Results |
Price/Sales | 2.51x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of STOVEC INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹593.9 Cr] as on Nov 22,2024
(/) Sales [ ₹236.5 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 2.51x ]
Thus, for STOVEC INDUSTRIES , the investors are currently willing to pay '2.51 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 STOVEC INDUSTRIES !
The chart below summarizes the trend in P/S Ratio of STOVEC INDUSTRIES over the last five years.
Historical PS (Price/Sales) ratio chart of STOVEC INDUSTRIES
PS Ratio Performance Analysis for STOVEC INDUSTRIES
- STOVEC INDUSTRIES 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 2.30x.
- STOVEC INDUSTRIES 's operated at median p/e ratio of 2.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, STOVEC INDUSTRIES 's p/e ratio peaked in Dec2020 at 2.76x.
- STOVEC INDUSTRIES 's p/e ratio hit its five-year low in Dec2021 of 1.99x.
How does STOVEC INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Textile - Machinery Industry?
Peer Comparison (Textile - Machinery Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
STOVEC INDUSTRIES | 236.5 | 2.51 | 593.9 |
LAKSHMI MACHINE WORKS LTD | 3,626.6 | 4.43 | 16,074.5 |
INDIAN CARD CLOTHING COMPANY LTD | 46.1 | 3.41 | 157.1 |
Textile - Machinery Industry Benchmark (Top 10) PS Analysis vs STOVEC INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.51x |
Max industry PS | 4.43x |
Median industry PS | 3.41x |
Average industry PS | 3.45x |
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