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ASHAPURI GOLD ORNAMENT
PS (Price/Sales) Ratio

The Current P/S Ratio of ASHAPURI GOLD ORNAMENT is 2.68.

Share Price ₹13.3May 07,2024
Market Cap ₹442.6 Cr
Sales-TTM₹165.1 CrTTM-Standalone Results
Price/Sales2.68xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ASHAPURI GOLD ORNAMENT

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 ASHAPURI GOLD ORNAMENT is calculated as :

Current Market Cap [ ₹442.6 Cr] as on May 07,2024

(/) Sales [ ₹165.1 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.68x ]

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

Thus, for ASHAPURI GOLD ORNAMENT , the investors are currently willing to pay '2.68 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 ASHAPURI GOLD ORNAMENT !

The chart below summarizes the trend in P/S Ratio of ASHAPURI GOLD ORNAMENT over the last five years.

Historical PS (Price/Sales) ratio chart of ASHAPURI GOLD ORNAMENT


PS Ratio Performance Analysis for ASHAPURI GOLD ORNAMENT

- ASHAPURI GOLD ORNAMENT 's latest p/e ratio is 2.68x.

- ASHAPURI GOLD ORNAMENT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.00x.

- ASHAPURI GOLD ORNAMENT 's operated at median p/e ratio of 1.1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASHAPURI GOLD ORNAMENT 's p/e ratio peaked in Mar2019 at 1.22x.

- ASHAPURI GOLD ORNAMENT 's p/e ratio hit its five-year low in Mar2020 of 0.64x.


How does ASHAPURI GOLD ORNAMENT 's P/S Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?

Peer Comparison (Diamond & Jewellery Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ASHAPURI GOLD ORNAMENT 165.12.68442.6
TITAN COMPANY LTD51,084.05.69290,861.0
KALYAN JEWELLERS INDIA LTD17,395.22.3140,130.9
RAJESH EXPORTS LTD304,679.00.038,882.9
SENCO GOLD LTD5,443.81.286,951.0
THANGAMAYIL JEWELLERY LTD3,621.00.923,320.8
PC JEWELLER LTD730.33.182,323.3
GOLDIAM INTERNATIONAL LTD590.02.991,766.4
DP ABHUSHAN LTD2,167.81.232,668.7
ASIAN STAR COMPANY LTD3,615.30.381,360.6
RENAISSANCE GLOBAL LTD2,070.10.501,026.7

Diamond & Jewellery Industry Benchmark (Top 10) PS Analysis vs ASHAPURI GOLD ORNAMENT 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.03x
Max industry PS 5.69x
Median industry PS 1.28x
Average industry PS 1.93x



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