ADANI TOTAL GAS
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The Current P/S Ratio of ADANI TOTAL GAS is 21.23.
Share Price | ₹918.0 | Apr 25,2024 |
Market Cap | ₹100,956.1 Cr | |
Sales-TTM | ₹4,755.4 Cr | TTM-Consolidated Results |
Price/Sales | 21.23x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ADANI TOTAL GAS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
ADANI TOTAL GAS | 4,755.4 | 21.23 | 100,956.1 |
GUJARAT GAS LTD | 16,072.9 | 2.33 | 37,407.1 |
INDRAPRASTHA GAS LTD | 15,572.2 | 2.04 | 31,713.5 |
GUJARAT STATE PETRONET LTD | 17,621.1 | 0.94 | 16,539.9 |
MAHANAGAR GAS LTD | 6,914.7 | 2.07 | 14,303.5 |
CONFIDENCE FUTURISTIC ENERGETECH LTD | 152.2 | 1.87 | 284.2 |
Gas Transmission/Marketing Industry Benchmark (Top 10) PS Analysis vs ADANI TOTAL GAS 's P/S Ratio
Top 10 Industry Peers | PS 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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