ASIAN PAINTS
|
The Current P/S Ratio of ASIAN PAINTS is 7.72.
Share Price | ₹2,861.6 | Apr 25,2024 |
Market Cap | ₹274,479.9 Cr | |
Sales-TTM | ₹35,551.3 Cr | TTM-Consolidated Results |
Price/Sales | 7.72x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ASIAN PAINTS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹274,479.9 Cr] as on Apr 25,2024
(/) Sales [ ₹35,551.3 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 7.72x ]
Thus, for ASIAN PAINTS , the investors are currently willing to pay '7.72 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 PAINTS !
The chart below summarizes the trend in P/S Ratio of ASIAN PAINTS over the last five years.
Historical PS (Price/Sales) ratio chart of ASIAN PAINTS
PS Ratio Performance Analysis for ASIAN PAINTS
- ASIAN PAINTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.87x.
- ASIAN PAINTS 's operated at median p/e ratio of 7.89x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASIAN PAINTS 's p/e ratio peaked in Mar2021 at 11.21x.
- ASIAN PAINTS 's p/e ratio hit its five-year low in Mar2019 of 7.4x.
How does ASIAN PAINTS 's P/S Ratio benchmark against top 10 peers in Paints Industry?
Peer Comparison (Paints Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ASIAN PAINTS | 35,551.3 | 7.72 | 274,479.9 |
BERGER PAINTS INDIA LTD | 11,122.3 | 5.30 | 58,942.6 |
KANSAI NEROLAC PAINTS LTD | 7,765.6 | 2.90 | 22,529.5 |
AKZO NOBEL INDIA LTD | 3,939.6 | 2.83 | 11,130.7 |
INDIGO PAINTS LTD | 1,214.2 | 5.17 | 6,282.6 |
SHALIMAR PAINTS LTD | 526.5 | 2.66 | 1,402.6 |
Paints Industry Benchmark (Top 10) PS Analysis vs ASIAN PAINTS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.66x |
Max industry PS | 7.72x |
Median industry PS | 5.17x |
Average industry PS | 4.43x |
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