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ASHAPURA MINECHEM
PS (Price/Sales) Ratio

The Current P/S Ratio of ASHAPURA MINECHEM is 1.03.

Share Price ₹334.2Apr 24,2024
Market Cap ₹3,057.5 Cr
Sales-TTM₹2,981.3 CrTTM-Consolidated Results
Price/Sales1.03xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ASHAPURA MINECHEM

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 ASHAPURA MINECHEM is calculated as :

Current Market Cap [ ₹3,057.5 Cr] as on Apr 24,2024

(/) Sales [ ₹2,981.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.03x ]

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

Thus, for ASHAPURA MINECHEM , the investors are currently willing to pay '1.03 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 ASHAPURA MINECHEM !

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

Historical PS (Price/Sales) ratio chart of ASHAPURA MINECHEM


PS Ratio Performance Analysis for ASHAPURA MINECHEM

- ASHAPURA MINECHEM 's latest p/e ratio is 1.03x.

- ASHAPURA MINECHEM 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.64x.

- ASHAPURA MINECHEM 's operated at median p/e ratio of 0.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASHAPURA MINECHEM 's p/e ratio peaked in Mar2022 at 0.91x.

- ASHAPURA MINECHEM 's p/e ratio hit its five-year low in Mar2019 of 0.39x.


How does ASHAPURA MINECHEM 's P/S Ratio benchmark against top 10 peers in Mining & Minerals Industry?

Peer Comparison (Mining & Minerals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ASHAPURA MINECHEM 2,981.31.033,057.5
COAL INDIA LTD143,066.01.91273,286.0
NMDC LTD20,669.93.5272,679.0
KIOCL LTD2,216.912.2127,066.2
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD2,664.44.9713,239.9
SANDUR MANGANESE & IRON ORES LTD1,308.16.738,809.0
MOIL LTD1,461.65.407,895.2
RAGHAV PRODUCTIVITY ENHANCERS LTD128.611.061,422.3
20 MICRONS LTD738.40.77566.7

Mining & Minerals Industry Benchmark (Top 10) PS Analysis vs ASHAPURA MINECHEM 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.77x
Max industry PS 12.21x
Median industry PS 4.97x
Average industry PS 5.29x



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