AJAX ENGINEERING
|
The Current P/S Ratio of AJAX ENGINEERING is 3.16.
| Share Price | ₹580.9 | Jul 30,2026 |
| Market Cap | ₹6,645.5 Cr | |
| Sales-TTM | ₹2,102.5 Cr | TTM-Standalone Results |
| Price/Sales | 3.16x | Calculated as Market Cap/Sales |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PS (Price/Sales) ratio of AJAX ENGINEERING
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹6,645.5 Cr] as on Jul 30,2026
(/) Sales [ ₹2,102.5 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 3.16x ]
Thus, for AJAX ENGINEERING , the investors are currently willing to pay '3.16 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 AJAX ENGINEERING !
The chart below summarizes the trend in P/S Ratio of AJAX ENGINEERING over the last five years.
Historical PS (Price/Sales) ratio chart of AJAX ENGINEERING
PS Ratio Performance Analysis for AJAX ENGINEERING
- AJAX ENGINEERING 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 0.65x.
- AJAX ENGINEERING 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AJAX ENGINEERING 's p/e ratio peaked in Mar2025 at 3.27x.
- AJAX ENGINEERING 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does AJAX ENGINEERING 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
| Peer Comparison (Engineering - Industrial Equipments Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
|---|---|---|---|
| AJAX ENGINEERING | 2,102.5 | 3.16 | 6,645.5 |
| BHARAT HEAVY ELECTRICALS LTD | 35,993.0 | 3.90 | 140,275.0 |
| THERMAX LTD | 10,839.3 | 4.67 | 50,649.8 |
| KIRLOSKAR OIL ENGINES LTD | 7,701.0 | 4.03 | 31,027.0 |
| TRIVENI TURBINE LTD | 2,181.1 | 8.85 | 19,301.0 |
| JYOTI CNC AUTOMATION LTD | 2,093.1 | 8.84 | 18,492.9 |
| INOX INDIA LTD | 1,587.1 | 10.82 | 17,170.2 |
| AZAD ENGINEERING LTD | 603.0 | 24.19 | 14,586.1 |
| TEGA INDUSTRIES LTD | 1,691.9 | 6.56 | 11,099.7 |
| ELECON ENGINEERING COMPANY LTD | 2,396.0 | 3.91 | 9,360.8 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 600.1 | 12.67 | 7,600.4 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs AJAX ENGINEERING 's P/S Ratio
| Top 10 Industry Peers | PS Ratio |
|---|---|
| Min industry PS | 3.16x |
| Max industry PS | 24.19x |
| Median industry PS | 6.56x |
| Average industry PS | 8.33x |
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