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ADANI GREEN ENERGY
PS (Price/Sales) Ratio

The Current P/S Ratio of ADANI GREEN ENERGY is 30.14.

Share Price ₹1,770.8Apr 19,2024
Market Cap ₹280,486.8 Cr
Sales-TTM₹9,305.0 CrTTM-Consolidated Results
Price/Sales30.14xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ADANI GREEN ENERGY

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 GREEN ENERGY is calculated as :

Current Market Cap [ ₹280,486.8 Cr] as on Apr 19,2024

(/) Sales [ ₹9,305.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 30.14x ]

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

Thus, for ADANI GREEN ENERGY , the investors are currently willing to pay '30.14 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 GREEN ENERGY !

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

Historical PS (Price/Sales) ratio chart of ADANI GREEN ENERGY


PS Ratio Performance Analysis for ADANI GREEN ENERGY

- ADANI GREEN ENERGY 's latest p/e ratio is 30.14x.

- ADANI GREEN ENERGY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 28.76x.

- ADANI GREEN ENERGY 's operated at median p/e ratio of 17.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ADANI GREEN ENERGY 's p/e ratio peaked in Mar2022 at 58.3x.

- ADANI GREEN ENERGY 's p/e ratio hit its five-year low in Mar2019 of 2.83x.


How does ADANI GREEN ENERGY 's P/S Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ADANI GREEN ENERGY 9,305.030.14280,486.8
NTPC LTD175,132.01.94340,256.0
POWER GRID CORPORATION OF INDIA LTD46,128.75.68261,998.0
ADANI POWER LTD47,229.64.85229,295.0
TATA POWER COMPANY LTD58,056.12.36136,761.0
ADANI ENERGY SOLUTIONS LTD15,258.27.61116,112.0
NHPC LTD9,772.88.9687,602.8
JSW ENERGY LTD11,400.09.60109,471.0
TORRENT POWER LTD26,692.52.7072,102.1
SJVN LTD2,600.218.7748,808.1
NLC INDIA LTD14,592.52.1331,053.7

Power Generation/Distribution Industry Benchmark (Top 10) PS Analysis vs ADANI GREEN ENERGY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.94x
Max industry PS 30.14x
Median industry PS 5.68x
Average industry PS 8.61x



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