ASK AUTOMOTIVE
|
The Current P/S Ratio of ASK AUTOMOTIVE is 2.06.
Share Price | ₹303.9 | May 22,2024 |
Market Cap | ₹5,989.9 Cr | |
Sales-TTM | ₹2,906.7 Cr | TTM-Consolidated Results |
Price/Sales | 2.06x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ASK AUTOMOTIVE
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
ASK AUTOMOTIVE | 2,906.7 | 2.06 | 5,989.9 |
BOSCH LTD | 16,557.1 | 5.51 | 91,231.2 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 94,110.4 | 0.96 | 90,363.6 |
SONA BLW PRECISION FORGINGS LTD | 3,184.8 | 11.66 | 37,125.9 |
UNO MINDA LTD | 13,125.8 | 3.31 | 43,433.1 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 3,833.9 | 6.59 | 25,282.9 |
ENDURANCE TECHNOLOGIES LTD | 10,240.9 | 2.92 | 29,954.2 |
JBM AUTO LTD | 5,009.4 | 4.55 | 22,770.8 |
TVS HOLDINGS LTD | 40,062.5 | 0.56 | 22,240.1 |
MINDA CORPORATION LTD | 4,651.1 | 2.19 | 10,184.8 |
CRAFTSMAN AUTOMATION LTD | 4,451.7 | 2.04 | 9,098.4 |
Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs ASK AUTOMOTIVE 's P/S Ratio
Top 10 Industry Peers | PS 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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