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ARTSON ENGINEERING
PS (Price/Sales) Ratio

The Current P/S Ratio of ARTSON ENGINEERING is 4.99.

Share Price ₹173.4Apr 25,2024
Market Cap ₹639.7 Cr
Sales-TTM₹128.1 CrTTM-Standalone Results
Price/Sales4.99xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ARTSON ENGINEERING

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 ARTSON ENGINEERING is calculated as :

Current Market Cap [ ₹639.7 Cr] as on Apr 25,2024

(/) Sales [ ₹128.1 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 4.99x ]

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

Thus, for ARTSON ENGINEERING , the investors are currently willing to pay '4.99 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 ARTSON ENGINEERING !

The chart below summarizes the trend in P/S Ratio of ARTSON ENGINEERING over the last five years.

Historical PS (Price/Sales) ratio chart of ARTSON ENGINEERING


PS Ratio Performance Analysis for ARTSON ENGINEERING

- ARTSON ENGINEERING 's latest p/e ratio is 4.99x.

- ARTSON ENGINEERING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.35x.

- ARTSON ENGINEERING 's operated at median p/e ratio of 0.97x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ARTSON ENGINEERING 's p/e ratio peaked in Mar2022 at 2.53x.

- ARTSON ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 0.45x.


How does ARTSON ENGINEERING 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ARTSON ENGINEERING 128.14.99639.7
BHARAT ELECTRONICS LTD18,183.39.56173,753.0
BHARAT HEAVY ELECTRICALS LTD23,859.53.9694,572.8
THERMAX LTD8,870.65.7851,308.1
TRIVENI TURBINE LTD1,565.710.7816,882.4
KIRLOSKAR OIL ENGINES LTD5,622.12.4613,827.7
ELECON ENGINEERING COMPANY LTD1,937.46.6112,811.0
PRAJ INDUSTRIES LTD3,451.72.769,518.8
SHRIRAM PISTONS & RINGS LTD2,934.83.089,052.0
KIRLOSKAR BROTHERS LTD3,902.02.7110,563.4
TEGA INDUSTRIES LTD1,382.17.3210,121.0

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs ARTSON ENGINEERING 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.46x
Max industry PS 10.78x
Median industry PS 4.99x
Average industry PS 5.46x



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