AKSHARCHEM (INDIA)
|
The Current P/S Ratio of AKSHARCHEM (INDIA) is 0.71.
Share Price | ₹252.0 | Mar 28,2024 |
Market Cap | ₹201.6 Cr | |
Sales-TTM | ₹285.0 Cr | TTM-Standalone Results |
Price/Sales | 0.71x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of AKSHARCHEM (INDIA)
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
AKSHARCHEM (INDIA) | 285.0 | 0.71 | 201.6 |
SUDARSHAN CHEMICAL INDUSTRIES LTD | 2,465.7 | 1.71 | 4,220.4 |
VIDHI SPECIALTY FOOD INGREDIENTS LTD | 312.3 | 7.26 | 2,268.5 |
KIRI INDUSTRIES LTD | 899.0 | 1.75 | 1,572.7 |
BODAL CHEMICALS LTD | 1,390.6 | 0.66 | 921.5 |
BHAGERIA INDUSTRIES LTD | 457.1 | 1.39 | 633.5 |
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD | 715.7 | 0.70 | 503.8 |
ASAHI SONGWON COLORS LTD | 424.0 | 0.90 | 381.5 |
PODDAR PIGMENTS LTD | 357.7 | 1.01 | 360.7 |
DYNEMIC PRODUCTS LTD | 277.5 | 1.13 | 312.6 |
VIPUL ORGANICS LTD | 141.5 | 1.50 | 212.8 |
Dyes & Pigments Industry Benchmark (Top 10) PS Analysis vs AKSHARCHEM (INDIA) 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.66x |
Max industry PS | 7.26x |
Median industry PS | 1.13x |
Average industry PS | 1.70x |
You may also like the below Video Courses