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ABBOTT INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of ABBOTT INDIA is 9.80.

Share Price ₹27,043.4May 13,2024
Market Cap ₹57,332.0 Cr
Sales-TTM₹5,848.9 CrTTM-Standalone Results
Price/Sales9.80xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ABBOTT INDIA

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 ABBOTT INDIA is calculated as :

Current Market Cap [ ₹57,332.0 Cr] as on May 13,2024

(/) Sales [ ₹5,848.9 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 9.80x ]

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

Thus, for ABBOTT INDIA , the investors are currently willing to pay '9.80 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 ABBOTT INDIA !

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

Historical PS (Price/Sales) ratio chart of ABBOTT INDIA


PS Ratio Performance Analysis for ABBOTT INDIA

- ABBOTT INDIA 's latest p/e ratio is 9.80x.

- ABBOTT INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.21x.

- ABBOTT INDIA 's operated at median p/e ratio of 7.65x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ABBOTT INDIA 's p/e ratio peaked in Mar2023 at 8.77x.

- ABBOTT INDIA 's p/e ratio hit its five-year low in Mar2019 of 4.21x.


How does ABBOTT INDIA 's P/S Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ABBOTT INDIA 5,848.99.8057,332.0
SUN PHARMACEUTICAL INDUSTRIES LTD47,444.67.72366,103.0
CIPLA LTD25,774.14.43114,230.0
DR REDDYS LABORATORIES LTD28,011.13.5298,732.2
ZYDUS LIFESCIENCES LTD19,024.25.2599,939.2
DIVIS LABORATORIES LTD7,492.813.87103,916.0
MANKIND PHARMA LTD9,946.38.7887,324.4
TORRENT PHARMACEUTICALS LTD10,474.08.4288,139.6
LUPIN LTD20,010.83.8476,919.2
AUROBINDO PHARMA LTD27,894.72.4769,014.8
ALKEM LABORATORIES LTD12,634.44.9362,285.6

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PS Analysis vs ABBOTT INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.47x
Max industry PS 13.87x
Median industry PS 5.25x
Average industry PS 6.64x



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