VERITAS (INDIA)
|
The Current P/S Ratio of VERITAS (INDIA) is 0.66.
Share Price | ₹1,005.6 | Dec 18,2024 |
Market Cap | ₹2,694.9 Cr | |
Sales-TTM | ₹4,089.5 Cr | TTM-Consolidated Results |
Price/Sales | 0.66x | Calculated as Market Cap/Sales |
---|---|---|
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 [ ₹2,694.9 Cr] as on Dec 18,2024
(/) Sales [ ₹4,089.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.66x ]
Thus, for VERITAS (INDIA) , the investors are currently willing to pay '0.66 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 | 0.66 | 2,694.9 |
ADANI ENTERPRISES LTD | 105,597.0 | 2.68 | 283,449.0 |
REDINGTON LTD | 92,116.3 | 0.18 | 16,229.6 |
HONASA CONSUMER LTD | 1,975.2 | 4.15 | 8,190.4 |
MMTC LTD | 3.6 | 3,216.62 | 11,515.5 |
MSTC LTD | 645.5 | 7.80 | 5,033.6 |
LLOYDS ENTERPRISES LTD | 1,366.5 | 4.44 | 6,061.7 |
NOVARTIS INDIA LTD | 345.1 | 7.28 | 2,510.9 |
OPTIEMUS INFRACOM LTD | 1,941.0 | 3.31 | 6,419.1 |
MISHTANN FOODS LTD | 364.9 | 2.47 | 900.9 |
SIRCA PAINTS INDIA LTD | 339.3 | 5.29 | 1,796.4 |
Trading Industry Benchmark (Top 10) PS Analysis vs VERITAS (INDIA) 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.18x |
Max industry PS | 3,216.62x |
Median industry PS | 4.15x |
Average industry PS | 295.90x |
You may also like the below Video Courses