AAKASH EXPLORATION SERVICES
|
The Current P/S Ratio of AAKASH EXPLORATION SERVICES is 1.35.
Share Price | ₹10.8 | Apr 26,2024 |
Market Cap | ₹109.4 Cr | |
Sales-TTM | ₹81.1 Cr | TTM-Standalone Results |
Price/Sales | 1.35x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of AAKASH EXPLORATION SERVICES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
AAKASH EXPLORATION SERVICES | 81.1 | 1.35 | 109.4 |
OIL & NATURAL GAS CORPORATION LTD | 640,333.0 | 0.56 | 355,833.0 |
OIL INDIA LTD | 34,905.6 | 1.95 | 68,138.6 |
HINDUSTAN OIL EXPLORATION COMPANY LTD | 634.6 | 4.31 | 2,735.5 |
JINDAL DRILLING & INDUSTRIES LTD | 522.4 | 4.37 | 2,283.9 |
ASIAN ENERGY SERVICES LTD | 215.0 | 5.33 | 1,146.9 |
SELAN EXPLORATION TECHNOLOGY LTD | 137.5 | 6.93 | 953.3 |
DEEP ENERGY RESOURCES LTD | 22.2 | 26.23 | 582.9 |
ABAN OFFSHORE LTD | 335.1 | 1.22 | 409.5 |
GUJARAT NATURAL RESOURCES LTD | 22.9 | 5.40 | 123.7 |
Oil Exploration Industry Benchmark (Top 10) PS Analysis vs AAKASH EXPLORATION SERVICES 's P/S Ratio
Top 10 Industry Peers | PS 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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