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ASK AUTOMOTIVE
PS (Price/Sales) Ratio

The Current P/S Ratio of ASK AUTOMOTIVE is 2.06.

Share Price ₹303.9May 22,2024
Market Cap ₹5,989.9 Cr
Sales-TTM₹2,906.7 CrTTM-Consolidated Results
Price/Sales2.06xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ASK AUTOMOTIVE

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 ASK AUTOMOTIVE is calculated as :

Current Market Cap [ ₹5,989.9 Cr] as on May 22,2024

(/) Sales [ ₹2,906.7 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.06x ]

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

Thus, for ASK AUTOMOTIVE , the investors are currently willing to pay '2.06 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 ASK AUTOMOTIVE !

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

Historical PS (Price/Sales) ratio chart of ASK AUTOMOTIVE


PS Ratio Performance Analysis for ASK AUTOMOTIVE

- ASK AUTOMOTIVE 's latest p/e ratio is 2.06x.

- ASK AUTOMOTIVE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.

- ASK AUTOMOTIVE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASK AUTOMOTIVE 's p/e ratio peaked in Mar2023 at 0x.

- ASK AUTOMOTIVE 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does ASK AUTOMOTIVE 's P/S Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ASK AUTOMOTIVE 2,906.72.065,989.9
BOSCH LTD16,557.15.5191,231.2
SAMVARDHANA MOTHERSON INTERNATIONAL LTD94,110.40.9690,363.6
SONA BLW PRECISION FORGINGS LTD3,184.811.6637,125.9
UNO MINDA LTD13,125.83.3143,433.1
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD3,833.96.5925,282.9
ENDURANCE TECHNOLOGIES LTD10,240.92.9229,954.2
JBM AUTO LTD5,009.44.5522,770.8
TVS HOLDINGS LTD40,062.50.5622,240.1
MINDA CORPORATION LTD4,651.12.1910,184.8
CRAFTSMAN AUTOMATION LTD4,451.72.049,098.4

Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs ASK AUTOMOTIVE 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.56x
Max industry PS 11.66x
Median industry PS 2.92x
Average industry PS 3.85x



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