ASAHI SONGWON COLORS
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The Current P/S Ratio of ASAHI SONGWON COLORS is 0.87.
Share Price | ₹312.4 | Apr 16,2024 |
Market Cap | ₹368.6 Cr | |
Sales-TTM | ₹424.0 Cr | TTM-Consolidated Results |
Price/Sales | 0.87x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ASAHI SONGWON COLORS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹368.6 Cr] as on Apr 16,2024
(/) Sales [ ₹424.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.87x ]
Thus, for ASAHI SONGWON COLORS , the investors are currently willing to pay '0.87 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 ASAHI SONGWON COLORS !
The chart below summarizes the trend in P/S Ratio of ASAHI SONGWON COLORS over the last five years.
Historical PS (Price/Sales) ratio chart of ASAHI SONGWON COLORS
PS Ratio Performance Analysis for ASAHI SONGWON COLORS
- ASAHI SONGWON COLORS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.72x.
- ASAHI SONGWON COLORS 's operated at median p/e ratio of 0.67x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASAHI SONGWON COLORS 's p/e ratio peaked in Mar2021 at 1.35x.
- ASAHI SONGWON COLORS 's p/e ratio hit its five-year low in Mar2020 of 0.32x.
How does ASAHI SONGWON COLORS '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) |
---|---|---|---|
ASAHI SONGWON COLORS | 424.0 | 0.87 | 368.6 |
SUDARSHAN CHEMICAL INDUSTRIES LTD | 2,465.7 | 1.78 | 4,382.1 |
VIDHI SPECIALTY FOOD INGREDIENTS LTD | 312.3 | 7.36 | 2,297.5 |
KIRI INDUSTRIES LTD | 899.0 | 2.09 | 1,881.1 |
BODAL CHEMICALS LTD | 1,390.6 | 0.71 | 987.8 |
BHAGERIA INDUSTRIES LTD | 457.1 | 1.78 | 814.0 |
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD | 715.7 | 0.77 | 552.2 |
PODDAR PIGMENTS LTD | 357.7 | 0.99 | 354.5 |
DYNEMIC PRODUCTS LTD | 277.5 | 1.27 | 352.2 |
VIPUL ORGANICS LTD | 141.5 | 1.64 | 232.1 |
AKSHARCHEM (INDIA) LTD | 285.0 | 0.75 | 214.2 |
Dyes & Pigments Industry Benchmark (Top 10) PS Analysis vs ASAHI SONGWON COLORS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.71x |
Max industry PS | 7.36x |
Median industry PS | 1.27x |
Average industry PS | 1.82x |
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