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SURANA SOLAR
PS (Price/Sales) Ratio

The Current P/S Ratio of SURANA SOLAR is 7.17.

Share Price ₹49.5Nov 19,2024
Market Cap ₹243.7 Cr
Sales-TTM₹34.0 CrTTM-Standalone Results
Price/Sales7.17xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SURANA SOLAR

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 SURANA SOLAR is calculated as :

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 ]

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

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 latest p/e ratio is 7.17x.

- 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 RatioMarket Cap (Cr)
SURANA SOLAR 34.07.17243.7
KAYNES TECHNOLOGY INDIA LTD2,222.716.6136,923.6
SYRMA SGS TECHNOLOGY LTD3,833.42.609,971.5
AVALON TECHNOLOGIES LTD905.66.255,655.3
DCX SYSTEMS LTD1,278.12.743,505.9
APOLLO MICRO SYSTEMS LTD478.75.952,850.4
IKIO LIGHTING LTD463.84.201,947.1
CENTUM ELECTRONICS LTD1,100.81.852,038.2
WEBSOL ENERGY SYSTEM LTD280.520.165,656.7
SWELECT ENERGY SYSTEMS LTD450.53.481,569.9
KERNEX MICROSYSTEMS (INDIA) LTD87.117.821,552.4

Electronics - Components Industry Benchmark (Top 10) PS Analysis vs SURANA SOLAR 's P/S Ratio

Top 10 Industry PeersPS 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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