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AKZO NOBEL INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of AKZO NOBEL INDIA is 2.85.

Share Price ₹2,470.7Apr 16,2024
Market Cap ₹11,241.7 Cr
Sales-TTM₹3,939.6 CrTTM-Consolidated Results
Price/Sales2.85xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of AKZO NOBEL 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 AKZO NOBEL INDIA is calculated as :

Current Market Cap [ ₹11,241.7 Cr] as on Apr 16,2024

(/) Sales [ ₹3,939.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.85x ]

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

Thus, for AKZO NOBEL INDIA , the investors are currently willing to pay '2.85 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 AKZO NOBEL INDIA !

The chart below summarizes the trend in P/S Ratio of AKZO NOBEL INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of AKZO NOBEL INDIA


PS Ratio Performance Analysis for AKZO NOBEL INDIA

- AKZO NOBEL INDIA 's latest p/e ratio is 2.85x.

- AKZO NOBEL INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.28x.

- AKZO NOBEL INDIA 's operated at median p/e ratio of 2.79x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AKZO NOBEL INDIA 's p/e ratio peaked in Mar2021 at 4.34x.

- AKZO NOBEL INDIA 's p/e ratio hit its five-year low in Mar2023 of 2.74x.


How does AKZO NOBEL INDIA 's P/S Ratio benchmark against top 10 peers in Paints Industry?

Peer Comparison (Paints Industry)Sales (Cr)PS RatioMarket Cap (Cr)
AKZO NOBEL INDIA 3,939.62.8511,241.7
ASIAN PAINTS LTD35,551.37.64271,506.0
BERGER PAINTS INDIA LTD11,122.35.5862,008.7
KANSAI NEROLAC PAINTS LTD7,765.62.8422,024.3
INDIGO PAINTS LTD1,214.25.186,286.5
SHALIMAR PAINTS LTD526.52.621,377.5

Paints Industry Benchmark (Top 10) PS Analysis vs AKZO NOBEL INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.62x
Max industry PS 7.64x
Median industry PS 5.18x
Average industry PS 4.45x



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