Home > PS Ratio > ASHOK LEYLAND

ASHOK LEYLAND
PS (Price/Sales) Ratio

The Current P/S Ratio of ASHOK LEYLAND is 1.15.

Share Price ₹177.7Apr 25,2024
Market Cap ₹52,178.1 Cr
Sales-TTM₹45,415.6 CrTTM-Consolidated Results
Price/Sales1.15xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for ASHOK LEYLAND
Please provide your vote to see the results
ASHOK LEYLAND is part of below Screeners ↓
Best Quarterly Growth Mid Cap Stocks
Best 1M Momentum Mid Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of ASHOK LEYLAND

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 ASHOK LEYLAND is calculated as :

Current Market Cap [ ₹52,178.1 Cr] as on Apr 25,2024

(/) Sales [ ₹45,415.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.15x ]

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

Thus, for ASHOK LEYLAND , the investors are currently willing to pay '1.15 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 ASHOK LEYLAND !

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

Historical PS (Price/Sales) ratio chart of ASHOK LEYLAND


PS Ratio Performance Analysis for ASHOK LEYLAND

- ASHOK LEYLAND 's latest p/e ratio is 1.15x.

- ASHOK LEYLAND 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.08x.

- ASHOK LEYLAND 's operated at median p/e ratio of 0.98x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASHOK LEYLAND 's p/e ratio peaked in Mar2021 at 1.71x.

- ASHOK LEYLAND 's p/e ratio hit its five-year low in Mar2020 of 0.58x.


How does ASHOK LEYLAND 's P/S Ratio benchmark against top 10 peers in Automobiles-Trucks/Lcv Industry?

Peer Comparison (Automobiles-Trucks/Lcv Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ASHOK LEYLAND 45,415.61.1552,178.1
TATA MOTORS LTD423,874.00.78332,640.0
OLECTRA GREENTECH LTD1,154.112.8914,875.9
FORCE MOTORS LTD6,471.22.0113,012.1
SML ISUZU LTD2,099.61.603,365.0

Automobiles-Trucks/Lcv Industry Benchmark (Top 10) PS Analysis vs ASHOK LEYLAND 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.78x
Max industry PS 12.89x
Median industry PS 1.60x
Average industry PS 3.69x



You may also like the below Video Courses