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AKSHARCHEM (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of AKSHARCHEM (INDIA) is 0.71.

Share Price ₹252.0Mar 28,2024
Market Cap ₹201.6 Cr
Sales-TTM₹285.0 CrTTM-Standalone Results
Price/Sales0.71xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of AKSHARCHEM (INDIA)

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 AKSHARCHEM (INDIA) is calculated as :

Current Market Cap [ ₹201.6 Cr] as on Mar 28,2024

(/) Sales [ ₹285.0 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.71x ]

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

Thus, for AKSHARCHEM (INDIA) , the investors are currently willing to pay '0.71 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 AKSHARCHEM (INDIA) !

The chart below summarizes the trend in P/S Ratio of AKSHARCHEM (INDIA) over the last five years.

Historical PS (Price/Sales) ratio chart of AKSHARCHEM (INDIA)


PS Ratio Performance Analysis for AKSHARCHEM (INDIA)

- AKSHARCHEM (INDIA) 's latest p/e ratio is 0.71x.

- AKSHARCHEM (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.66x.

- AKSHARCHEM (INDIA) 's operated at median p/e ratio of 0.74x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AKSHARCHEM (INDIA) 's p/e ratio peaked in Mar2019 at 0.83x.

- AKSHARCHEM (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.48x.


How does AKSHARCHEM (INDIA) 's P/S Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
AKSHARCHEM (INDIA) 285.00.71201.6
SUDARSHAN CHEMICAL INDUSTRIES LTD2,465.71.714,220.4
VIDHI SPECIALTY FOOD INGREDIENTS LTD312.37.262,268.5
KIRI INDUSTRIES LTD899.01.751,572.7
BODAL CHEMICALS LTD1,390.60.66921.5
BHAGERIA INDUSTRIES LTD457.11.39633.5
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD715.70.70503.8
ASAHI SONGWON COLORS LTD424.00.90381.5
PODDAR PIGMENTS LTD357.71.01360.7
DYNEMIC PRODUCTS LTD277.51.13312.6
VIPUL ORGANICS LTD141.51.50212.8

Dyes & Pigments Industry Benchmark (Top 10) PS Analysis vs AKSHARCHEM (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.66x
Max industry PS 7.26x
Median industry PS 1.13x
Average industry PS 1.70x



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