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ASAHI SONGWON COLORS
PS (Price/Sales) Ratio

The Current P/S Ratio of ASAHI SONGWON COLORS is 0.87.

Share Price ₹312.4Apr 16,2024
Market Cap ₹368.6 Cr
Sales-TTM₹424.0 CrTTM-Consolidated Results
Price/Sales0.87xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ASAHI SONGWON COLORS

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 ASAHI SONGWON COLORS is calculated as :

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 ]

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

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 latest p/e ratio is 0.87x.

- 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 RatioMarket Cap (Cr)
ASAHI SONGWON COLORS 424.00.87368.6
SUDARSHAN CHEMICAL INDUSTRIES LTD2,465.71.784,382.1
VIDHI SPECIALTY FOOD INGREDIENTS LTD312.37.362,297.5
KIRI INDUSTRIES LTD899.02.091,881.1
BODAL CHEMICALS LTD1,390.60.71987.8
BHAGERIA INDUSTRIES LTD457.11.78814.0
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD715.70.77552.2
PODDAR PIGMENTS LTD357.70.99354.5
DYNEMIC PRODUCTS LTD277.51.27352.2
VIPUL ORGANICS LTD141.51.64232.1
AKSHARCHEM (INDIA) LTD285.00.75214.2

Dyes & Pigments Industry Benchmark (Top 10) PS Analysis vs ASAHI SONGWON COLORS 's P/S Ratio

Top 10 Industry PeersPS 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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