ASIAN ENERGY SERVICES
|
The Current P/S Ratio of ASIAN ENERGY SERVICES is 3.92.
Share Price | ₹292.7 | May 10,2024 |
Market Cap | ₹1,197.1 Cr | |
Sales-TTM | ₹305.1 Cr | TTM-Consolidated Results |
Price/Sales | 3.92x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ASIAN ENERGY SERVICES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,197.1 Cr] as on May 10,2024
(/) Sales [ ₹305.1 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.92x ]
Thus, for ASIAN ENERGY SERVICES , the investors are currently willing to pay '3.92 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 ASIAN ENERGY SERVICES !
The chart below summarizes the trend in P/S Ratio of ASIAN ENERGY SERVICES over the last five years.
Historical PS (Price/Sales) ratio chart of ASIAN ENERGY SERVICES
PS Ratio Performance Analysis for ASIAN ENERGY SERVICES
- ASIAN ENERGY SERVICES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.83x.
- ASIAN ENERGY SERVICES 's operated at median p/e ratio of 1.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASIAN ENERGY SERVICES 's p/e ratio peaked in Mar2023 at 3.77x.
- ASIAN ENERGY SERVICES 's p/e ratio hit its five-year low in Mar2020 of 0.95x.
How does ASIAN ENERGY SERVICES 's P/S Ratio benchmark against top 10 peers in Oil Exploration Industry?
Peer Comparison (Oil Exploration Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ASIAN ENERGY SERVICES | 305.1 | 3.92 | 1,197.1 |
OIL & NATURAL GAS CORPORATION LTD | 640,333.0 | 0.53 | 339,856.0 |
OIL INDIA LTD | 34,905.6 | 1.92 | 67,135.5 |
HINDUSTAN OIL EXPLORATION COMPANY LTD | 634.6 | 3.97 | 2,517.9 |
JINDAL DRILLING & INDUSTRIES LTD | 522.4 | 4.18 | 2,183.3 |
SELAN EXPLORATION TECHNOLOGY LTD | 165.6 | 5.66 | 936.5 |
DEEP ENERGY RESOURCES LTD | 22.2 | 25.82 | 573.8 |
ABAN OFFSHORE LTD | 335.1 | 1.13 | 379.4 |
GUJARAT NATURAL RESOURCES LTD | 22.9 | 5.94 | 136.1 |
AAKASH EXPLORATION SERVICES LTD | 81.1 | 1.32 | 107.3 |
Oil Exploration Industry Benchmark (Top 10) PS Analysis vs ASIAN ENERGY SERVICES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.53x |
Max industry PS | 25.82x |
Median industry PS | 3.97x |
Average industry PS | 5.44x |
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