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SYRMA SGS TECHNOLOGY
PS (Price/Sales) Ratio

The Current P/S Ratio of SYRMA SGS TECHNOLOGY is 2.45.

Share Price ₹527.7Nov 22,2024
Market Cap ₹9,402.7 Cr
Sales-TTM₹3,833.4 CrTTM-Consolidated Results
Price/Sales2.45xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SYRMA SGS TECHNOLOGY

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 SYRMA SGS TECHNOLOGY is calculated as :

Current Market Cap [ ₹9,402.7 Cr] as on Nov 22,2024

(/) Sales [ ₹3,833.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.45x ]

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

Thus, for SYRMA SGS TECHNOLOGY , the investors are currently willing to pay '2.45 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 SYRMA SGS TECHNOLOGY !

The chart below summarizes the trend in P/S Ratio of SYRMA SGS TECHNOLOGY over the last five years.

Historical PS (Price/Sales) ratio chart of SYRMA SGS TECHNOLOGY


PS Ratio Performance Analysis for SYRMA SGS TECHNOLOGY

- SYRMA SGS TECHNOLOGY 's latest p/e ratio is 2.45x.

- SYRMA SGS TECHNOLOGY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.98x.

- SYRMA SGS TECHNOLOGY 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SYRMA SGS TECHNOLOGY 's p/e ratio peaked in Mar2024 at 2.62x.

- SYRMA SGS TECHNOLOGY 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does SYRMA SGS TECHNOLOGY 's P/S Ratio benchmark against top 10 peers in Electronics - Components Industry?

Peer Comparison (Electronics - Components Industry)Sales (Cr)PS RatioMarket Cap (Cr)
SYRMA SGS TECHNOLOGY 3,833.42.459,402.7
KAYNES TECHNOLOGY INDIA LTD2,222.716.8737,488.6
AVALON TECHNOLOGIES LTD905.66.245,652.7
DCX SYSTEMS LTD1,278.12.793,571.6
APOLLO MICRO SYSTEMS LTD478.75.842,795.2
IKIO LIGHTING LTD463.84.231,960.2
CENTUM ELECTRONICS LTD1,100.81.902,089.8
WEBSOL ENERGY SYSTEM LTD280.519.825,560.1
SWELECT ENERGY SYSTEMS LTD450.53.421,540.3
KERNEX MICROSYSTEMS (INDIA) LTD87.118.191,584.9
ICE MAKE REFRIGERATION LTD411.02.921,200.8

Electronics - Components Industry Benchmark (Top 10) PS Analysis vs SYRMA SGS TECHNOLOGY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.90x
Max industry PS 19.82x
Median industry PS 4.23x
Average industry PS 7.70x



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