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AAKASH EXPLORATION SERVICES
PS (Price/Sales) Ratio

The Current P/S Ratio of AAKASH EXPLORATION SERVICES is 1.35.

Share Price ₹10.8Apr 26,2024
Market Cap ₹109.4 Cr
Sales-TTM₹81.1 CrTTM-Standalone Results
Price/Sales1.35xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of AAKASH EXPLORATION SERVICES

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 AAKASH EXPLORATION SERVICES is calculated as :

Current Market Cap [ ₹109.4 Cr] as on Apr 26,2024

(/) Sales [ ₹81.1 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.35x ]

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

Thus, for AAKASH EXPLORATION SERVICES , the investors are currently willing to pay '1.35 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 AAKASH EXPLORATION SERVICES !

The chart below summarizes the trend in P/S Ratio of AAKASH EXPLORATION SERVICES over the last five years.

Historical PS (Price/Sales) ratio chart of AAKASH EXPLORATION SERVICES


PS Ratio Performance Analysis for AAKASH EXPLORATION SERVICES

- AAKASH EXPLORATION SERVICES 's latest p/e ratio is 1.35x.

- AAKASH EXPLORATION SERVICES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.37x.

- AAKASH EXPLORATION SERVICES 's operated at median p/e ratio of 0.65x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AAKASH EXPLORATION SERVICES 's p/e ratio peaked in Mar2022 at 3.27x.

- AAKASH EXPLORATION SERVICES 's p/e ratio hit its five-year low in Mar2019 of 0.24x.


How does AAKASH EXPLORATION SERVICES 's P/S Ratio benchmark against top 10 peers in Oil Exploration Industry?

Peer Comparison (Oil Exploration Industry)Sales (Cr)PS RatioMarket Cap (Cr)
AAKASH EXPLORATION SERVICES 81.11.35109.4
OIL & NATURAL GAS CORPORATION LTD640,333.00.56355,833.0
OIL INDIA LTD34,905.61.9568,138.6
HINDUSTAN OIL EXPLORATION COMPANY LTD634.64.312,735.5
JINDAL DRILLING & INDUSTRIES LTD522.44.372,283.9
ASIAN ENERGY SERVICES LTD215.05.331,146.9
SELAN EXPLORATION TECHNOLOGY LTD137.56.93953.3
DEEP ENERGY RESOURCES LTD22.226.23582.9
ABAN OFFSHORE LTD335.11.22409.5
GUJARAT NATURAL RESOURCES LTD22.95.40123.7

Oil Exploration Industry Benchmark (Top 10) PS Analysis vs AAKASH EXPLORATION SERVICES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.56x
Max industry PS 26.23x
Median industry PS 4.37x
Average industry PS 5.77x



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