Home > PS Ratio > ADANI ENTERPRISES

ADANI ENTERPRISES
PS (Price/Sales) Ratio

The Current P/S Ratio of ADANI ENTERPRISES is 3.26.

Share Price ₹3,079.9Apr 26,2024
Market Cap ₹351,108.6 Cr
Sales-TTM₹107,638.0 CrTTM-Consolidated Results
Price/Sales3.26xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for ADANI ENTERPRISES
Please provide your vote to see the results
ADANI ENTERPRISES is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals
Best Quarterly Growth Large Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of ADANI ENTERPRISES

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 ADANI ENTERPRISES is calculated as :

Current Market Cap [ ₹351,108.6 Cr] as on Apr 26,2024

(/) Sales [ ₹107,638.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.26x ]

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

Thus, for ADANI ENTERPRISES , the investors are currently willing to pay '3.26 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 ADANI ENTERPRISES !

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

Historical PS (Price/Sales) ratio chart of ADANI ENTERPRISES


PS Ratio Performance Analysis for ADANI ENTERPRISES

- ADANI ENTERPRISES 's latest p/e ratio is 3.26x.

- ADANI ENTERPRISES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.65x.

- ADANI ENTERPRISES 's operated at median p/e ratio of 1.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ADANI ENTERPRISES 's p/e ratio peaked in Mar2022 at 3.19x.

- ADANI ENTERPRISES 's p/e ratio hit its five-year low in Mar2020 of 0.35x.


How does ADANI ENTERPRISES 's P/S Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ADANI ENTERPRISES 107,638.03.26351,108.6
REDINGTON LTD88,760.90.2017,402.3
HONASA CONSUMER LTD1,777.07.8313,911.7
MMTC LTD712.916.0611,448.0
MSTC LTD748.38.566,407.1
LLOYDS ENTERPRISES LTD866.35.434,703.1
VERITAS (INDIA) LTD3,419.01.204,097.0
NOVARTIS INDIA LTD330.07.892,605.1
OPTIEMUS INFRACOM LTD1,378.11.742,396.3
MISHTANN FOODS LTD409.64.871,992.8
SIRCA PAINTS INDIA LTD297.45.881,747.6

Trading Industry Benchmark (Top 10) PS Analysis vs ADANI ENTERPRISES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.20x
Max industry PS 16.06x
Median industry PS 5.43x
Average industry PS 5.72x



You may also like the below Video Courses