VERITAS (INDIA)
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The Current P/S Ratio of VERITAS (INDIA) is 0.57.
Share Price | ₹866.3 | Nov 22,2024 |
Market Cap | ₹2,321.7 Cr | |
Sales-TTM | ₹4,089.5 Cr | TTM-Consolidated Results |
Price/Sales | 0.57x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of VERITAS (INDIA)
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹2,321.7 Cr] as on Nov 22,2024
(/) Sales [ ₹4,089.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.57x ]
Thus, for VERITAS (INDIA) , the investors are currently willing to pay '0.57 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 VERITAS (INDIA) !
The chart below summarizes the trend in P/S Ratio of VERITAS (INDIA) over the last five years.
Historical PS (Price/Sales) ratio chart of VERITAS (INDIA)
PS Ratio Performance Analysis for VERITAS (INDIA)
- VERITAS (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.24x.
- VERITAS (INDIA) 's operated at median p/e ratio of 0.15x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VERITAS (INDIA) 's p/e ratio peaked in Mar2024 at 0.74x.
- VERITAS (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.04x.
How does VERITAS (INDIA) 's P/S Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
VERITAS (INDIA) | 4,089.5 | 0.57 | 2,321.7 |
ADANI ENTERPRISES LTD | 105,597.0 | 2.44 | 257,342.0 |
REDINGTON LTD | 92,116.3 | 0.17 | 15,221.2 |
HONASA CONSUMER LTD | 1,975.2 | 3.69 | 7,285.8 |
MMTC LTD | 3.6 | 3,113.97 | 11,148.0 |
MSTC LTD | 645.5 | 6.84 | 4,412.7 |
LLOYDS ENTERPRISES LTD | 1,366.5 | 4.10 | 5,606.3 |
NOVARTIS INDIA LTD | 345.1 | 7.34 | 2,532.8 |
OPTIEMUS INFRACOM LTD | 1,941.0 | 2.81 | 5,463.1 |
MISHTANN FOODS LTD | 364.9 | 4.14 | 1,510.8 |
SIRCA PAINTS INDIA LTD | 339.3 | 5.09 | 1,727.3 |
Trading Industry Benchmark (Top 10) PS Analysis vs VERITAS (INDIA) 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.17x |
Max industry PS | 3,113.97x |
Median industry PS | 4.10x |
Average industry PS | 286.47x |
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