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TORRENT POWER
PS (Price/Sales) Ratio

The Current P/S Ratio of TORRENT POWER is 2.57.

Share Price ₹1,558.3Nov 14,2024
Market Cap ₹74,891.9 Cr
Sales-TTM₹29,104.2 CrTTM-Consolidated Results
Price/Sales2.57xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of TORRENT POWER

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 TORRENT POWER is calculated as :

Current Market Cap [ ₹74,891.9 Cr] as on Nov 14,2024

(/) Sales [ ₹29,104.2 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.57x ]

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

Thus, for TORRENT POWER , the investors are currently willing to pay '2.57 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 TORRENT POWER !

The chart below summarizes the trend in P/S Ratio of TORRENT POWER over the last five years.

Historical PS (Price/Sales) ratio chart of TORRENT POWER


PS Ratio Performance Analysis for TORRENT POWER

- TORRENT POWER 's latest p/e ratio is 2.57x.

- TORRENT POWER 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.53x.

- TORRENT POWER 's operated at median p/e ratio of 1.66x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TORRENT POWER 's p/e ratio peaked in Mar2024 at 2.4x.

- TORRENT POWER 's p/e ratio hit its five-year low in Mar2023 of 0.95x.


How does TORRENT POWER 's P/S Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Sales (Cr)PS RatioMarket Cap (Cr)
TORRENT POWER 29,104.22.5774,891.9
NTPC LTD183,659.01.97361,201.0
ADANI GREEN ENERGY LTD10,727.022.01236,068.0
POWER GRID CORPORATION OF INDIA LTD45,811.86.34290,365.0
ADANI POWER LTD54,649.63.88211,881.0
TATA POWER COMPANY LTD63,488.92.04129,299.0
ADANI ENERGY SOLUTIONS LTD20,831.85.06105,401.0
NHPC LTD9,689.88.1278,722.9
JSW ENERGY LTD11,415.811.22128,033.0
SJVN LTD2,922.813.9640,810.9
NLC INDIA LTD13,738.32.3432,211.6

Power Generation/Distribution Industry Benchmark (Top 10) PS Analysis vs TORRENT POWER 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.97x
Max industry PS 22.01x
Median industry PS 5.06x
Average industry PS 7.23x



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