AKSH OPTIFIBRE
|
The Current P/S Ratio of AKSH OPTIFIBRE is 0.60.
Share Price | ₹9.2 | Apr 22,2024 |
Market Cap | ₹150.0 Cr | |
Sales-TTM | ₹250.3 Cr | TTM-Consolidated Results |
Price/Sales | 0.60x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of AKSH OPTIFIBRE
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹150.0 Cr] as on Apr 22,2024
(/) Sales [ ₹250.3 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.60x ]
Thus, for AKSH OPTIFIBRE , the investors are currently willing to pay '0.60 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 AKSH OPTIFIBRE !
The chart below summarizes the trend in P/S Ratio of AKSH OPTIFIBRE over the last five years.
Historical PS (Price/Sales) ratio chart of AKSH OPTIFIBRE
PS Ratio Performance Analysis for AKSH OPTIFIBRE
- AKSH OPTIFIBRE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.41x.
- AKSH OPTIFIBRE 's operated at median p/e ratio of 0.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AKSH OPTIFIBRE 's p/e ratio peaked in Mar2019 at 0.58x.
- AKSH OPTIFIBRE 's p/e ratio hit its five-year low in Mar2020 of 0.17x.
How does AKSH OPTIFIBRE 's P/S Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
AKSH OPTIFIBRE | 250.3 | 0.60 | 150.0 |
POLYCAB INDIA LTD | 16,771.2 | 4.86 | 81,591.4 |
KEI INDUSTRIES LTD | 7,745.4 | 4.45 | 34,496.1 |
RR KABEL LTD | 6,090.0 | 3.02 | 18,421.1 |
FINOLEX CABLES LTD | 4,837.7 | 3.09 | 14,947.5 |
STERLITE TECHNOLOGIES LTD | 6,210.0 | 1.01 | 6,299.4 |
PRECISION WIRES INDIA LTD | 3,236.6 | 0.70 | 2,277.9 |
PARAMOUNT COMMUNICATIONS LTD | 949.3 | 2.56 | 2,428.1 |
UNIVERSAL CABLES LTD | 2,023.2 | 0.99 | 1,995.9 |
DYNAMIC CABLES LTD | 705.6 | 1.36 | 960.9 |
BIRLA CABLE LTD | 756.1 | 1.08 | 819.6 |
Cable Industry Benchmark (Top 10) PS Analysis vs AKSH OPTIFIBRE 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.60x |
Max industry PS | 4.86x |
Median industry PS | 1.36x |
Average industry PS | 2.16x |
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