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ADANI TOTAL GAS
PS (Price/Sales) Ratio

The Current P/S Ratio of ADANI TOTAL GAS is 21.23.

Share Price ₹918.0Apr 25,2024
Market Cap ₹100,956.1 Cr
Sales-TTM₹4,755.4 CrTTM-Consolidated Results
Price/Sales21.23xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ADANI TOTAL GAS

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 TOTAL GAS is calculated as :

Current Market Cap [ ₹100,956.1 Cr] as on Apr 25,2024

(/) Sales [ ₹4,755.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 21.23x ]

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

Thus, for ADANI TOTAL GAS , the investors are currently willing to pay '21.23 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 TOTAL GAS !

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

Historical PS (Price/Sales) ratio chart of ADANI TOTAL GAS


PS Ratio Performance Analysis for ADANI TOTAL GAS

- ADANI TOTAL GAS 's latest p/e ratio is 21.23x.

- ADANI TOTAL GAS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 35.05x.

- ADANI TOTAL GAS 's operated at median p/e ratio of 21.78x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ADANI TOTAL GAS 's p/e ratio peaked in Mar2022 at 77.79x.

- ADANI TOTAL GAS 's p/e ratio hit its five-year low in Mar2020 of 5.07x.


How does ADANI TOTAL GAS 's P/S Ratio benchmark against top 10 peers in Gas Transmission/Marketing Industry?

Peer Comparison (Gas Transmission/Marketing Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ADANI TOTAL GAS 4,755.421.23100,956.1
GUJARAT GAS LTD16,072.92.3337,407.1
INDRAPRASTHA GAS LTD15,572.22.0431,713.5
GUJARAT STATE PETRONET LTD17,621.10.9416,539.9
MAHANAGAR GAS LTD6,914.72.0714,303.5
CONFIDENCE FUTURISTIC ENERGETECH LTD152.21.87284.2

Gas Transmission/Marketing Industry Benchmark (Top 10) PS Analysis vs ADANI TOTAL GAS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.94x
Max industry PS 21.23x
Median industry PS 2.07x
Average industry PS 5.08x



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