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AKSH OPTIFIBRE
PS (Price/Sales) Ratio

The Current P/S Ratio of AKSH OPTIFIBRE is 0.60.

Share Price ₹9.2Apr 22,2024
Market Cap ₹150.0 Cr
Sales-TTM₹250.3 CrTTM-Consolidated Results
Price/Sales0.60xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of AKSH OPTIFIBRE

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 AKSH OPTIFIBRE is calculated as :

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 ]

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

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 latest p/e ratio is 0.60x.

- 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 RatioMarket Cap (Cr)
AKSH OPTIFIBRE 250.30.60150.0
POLYCAB INDIA LTD16,771.24.8681,591.4
KEI INDUSTRIES LTD7,745.44.4534,496.1
RR KABEL LTD6,090.03.0218,421.1
FINOLEX CABLES LTD4,837.73.0914,947.5
STERLITE TECHNOLOGIES LTD6,210.01.016,299.4
PRECISION WIRES INDIA LTD3,236.60.702,277.9
PARAMOUNT COMMUNICATIONS LTD949.32.562,428.1
UNIVERSAL CABLES LTD2,023.20.991,995.9
DYNAMIC CABLES LTD705.61.36960.9
BIRLA CABLE LTD756.11.08819.6

Cable Industry Benchmark (Top 10) PS Analysis vs AKSH OPTIFIBRE 's P/S Ratio

Top 10 Industry PeersPS 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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