SURANA SOLAR
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The Current P/S Ratio of SURANA SOLAR is 7.17.
Share Price | ₹49.5 | Nov 19,2024 |
Market Cap | ₹243.7 Cr | |
Sales-TTM | ₹34.0 Cr | TTM-Standalone Results |
Price/Sales | 7.17x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of SURANA SOLAR
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹243.7 Cr] as on Nov 19,2024
(/) Sales [ ₹34.0 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 7.17x ]
Thus, for SURANA SOLAR , the investors are currently willing to pay '7.17 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 SURANA SOLAR !
The chart below summarizes the trend in P/S Ratio of SURANA SOLAR over the last five years.
Historical PS (Price/Sales) ratio chart of SURANA SOLAR
PS Ratio Performance Analysis for SURANA SOLAR
- SURANA SOLAR 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.49x.
- SURANA SOLAR 's operated at median p/e ratio of 1.99x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SURANA SOLAR 's p/e ratio peaked in Mar2024 at 8.86x.
- SURANA SOLAR 's p/e ratio hit its five-year low in Mar2020 of 0.79x.
How does SURANA SOLAR 's P/S Ratio benchmark against top 10 peers in Electronics - Components Industry?
Peer Comparison (Electronics - Components Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
SURANA SOLAR | 34.0 | 7.17 | 243.7 |
KAYNES TECHNOLOGY INDIA LTD | 2,222.7 | 16.61 | 36,923.6 |
SYRMA SGS TECHNOLOGY LTD | 3,833.4 | 2.60 | 9,971.5 |
AVALON TECHNOLOGIES LTD | 905.6 | 6.25 | 5,655.3 |
DCX SYSTEMS LTD | 1,278.1 | 2.74 | 3,505.9 |
APOLLO MICRO SYSTEMS LTD | 478.7 | 5.95 | 2,850.4 |
IKIO LIGHTING LTD | 463.8 | 4.20 | 1,947.1 |
CENTUM ELECTRONICS LTD | 1,100.8 | 1.85 | 2,038.2 |
WEBSOL ENERGY SYSTEM LTD | 280.5 | 20.16 | 5,656.7 |
SWELECT ENERGY SYSTEMS LTD | 450.5 | 3.48 | 1,569.9 |
KERNEX MICROSYSTEMS (INDIA) LTD | 87.1 | 17.82 | 1,552.4 |
Electronics - Components Industry Benchmark (Top 10) PS Analysis vs SURANA SOLAR 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.85x |
Max industry PS | 20.16x |
Median industry PS | 5.95x |
Average industry PS | 8.08x |
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