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AARON INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of AARON INDUSTRIES is 4.49.

Share Price ₹257.6Apr 24,2024
Market Cap ₹270.4 Cr
Sales-TTM₹60.2 CrTTM-Standalone Results
Price/Sales4.49xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of AARON INDUSTRIES

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 AARON INDUSTRIES is calculated as :

Current Market Cap [ ₹270.4 Cr] as on Apr 24,2024

(/) Sales [ ₹60.2 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 4.49x ]

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

Thus, for AARON INDUSTRIES , the investors are currently willing to pay '4.49 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 AARON INDUSTRIES !

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

Historical PS (Price/Sales) ratio chart of AARON INDUSTRIES


PS Ratio Performance Analysis for AARON INDUSTRIES

- AARON INDUSTRIES 's latest p/e ratio is 4.49x.

- AARON INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.19x.

- AARON INDUSTRIES 's operated at median p/e ratio of 2.3x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AARON INDUSTRIES 's p/e ratio peaked in Mar2023 at 3.3x.

- AARON INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 1.01x.


How does AARON INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Engineering Industry?

Peer Comparison (Engineering Industry)Sales (Cr)PS RatioMarket Cap (Cr)
AARON INDUSTRIES 60.24.49270.4
RITES LTD2,496.46.4916,202.3
ENGINEERS INDIA LTD3,355.83.5812,010.8
MTAR TECHNOLOGIES LTD634.29.245,861.1
KENNAMETAL INDIA LTD1,063.75.175,500.2
INOX GREEN ENERGY SERVICES LTD230.119.344,449.6
THEJO ENGINEERING LTD540.65.763,113.9
DIVGI TORQTRANSFER SYSTEMS LTD261.79.762,553.2
PITTI ENGINEERING LTD1,121.22.462,756.6
DEEP INDUSTRIES LTD410.84.521,857.0
LOKESH MACHINES LTD280.22.96830.4

Engineering Industry Benchmark (Top 10) PS Analysis vs AARON INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.46x
Max industry PS 19.34x
Median industry PS 5.17x
Average industry PS 6.71x



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