ACTION CONSTRUCTION EQUIPMENT
|
The Current P/S Ratio of ACTION CONSTRUCTION EQUIPMENT is 6.19.
Share Price | ₹1,398.0 | Apr 18,2024 |
Market Cap | ₹16,650.2 Cr | |
Sales-TTM | ₹2,691.8 Cr | TTM-Consolidated Results |
Price/Sales | 6.19x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ACTION CONSTRUCTION EQUIPMENT
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹16,650.2 Cr] as on Apr 18,2024
(/) Sales [ ₹2,691.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 6.19x ]
Thus, for ACTION CONSTRUCTION EQUIPMENT , the investors are currently willing to pay '6.19 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 ACTION CONSTRUCTION EQUIPMENT !
The chart below summarizes the trend in P/S Ratio of ACTION CONSTRUCTION EQUIPMENT over the last five years.
Historical PS (Price/Sales) ratio chart of ACTION CONSTRUCTION EQUIPMENT
PS Ratio Performance Analysis for ACTION CONSTRUCTION EQUIPMENT
- ACTION CONSTRUCTION EQUIPMENT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.36x.
- ACTION CONSTRUCTION EQUIPMENT 's operated at median p/e ratio of 1.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ACTION CONSTRUCTION EQUIPMENT 's p/e ratio peaked in Mar2023 at 2.24x.
- ACTION CONSTRUCTION EQUIPMENT 's p/e ratio hit its five-year low in Mar2020 of 0.34x.
How does ACTION CONSTRUCTION EQUIPMENT 's P/S Ratio benchmark against top 10 peers in Construction Vehicles Industry?
Peer Comparison (Construction Vehicles Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ACTION CONSTRUCTION EQUIPMENT | 2,691.8 | 6.19 | 16,650.2 |
BEML LTD | 3,928.6 | 3.66 | 14,367.8 |
SANGHVI MOVERS LTD | 579.9 | 9.81 | 5,686.5 |
TIL LTD | 51.3 | 27.60 | 1,417.0 |
BRADY & MORRIS ENGINEERING COMPANY LTD | 64.8 | 3.24 | 209.5 |
Construction Vehicles Industry Benchmark (Top 10) PS Analysis vs ACTION CONSTRUCTION EQUIPMENT 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 3.24x |
Max industry PS | 27.60x |
Median industry PS | 6.19x |
Average industry PS | 10.10x |
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