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ASSOCIATED CERAMICS
PS (Price/Sales) Ratio

The Current P/S Ratio of ASSOCIATED CERAMICS is 1.32.

Share Price ₹325.3Apr 29,2024
Market Cap ₹65.1 Cr
Sales-TTM₹49.2 CrTTM-Standalone Results
Price/Sales1.32xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ASSOCIATED CERAMICS

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 ASSOCIATED CERAMICS is calculated as :

Current Market Cap [ ₹65.1 Cr] as on Apr 29,2024

(/) Sales [ ₹49.2 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.32x ]

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

Thus, for ASSOCIATED CERAMICS , the investors are currently willing to pay '1.32 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 ASSOCIATED CERAMICS !

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

Historical PS (Price/Sales) ratio chart of ASSOCIATED CERAMICS


PS Ratio Performance Analysis for ASSOCIATED CERAMICS

- ASSOCIATED CERAMICS 's latest p/e ratio is 1.32x.

- ASSOCIATED CERAMICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.01x.

- ASSOCIATED CERAMICS '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, ASSOCIATED CERAMICS 's p/e ratio peaked in Mar2023 at 0.05x.

- ASSOCIATED CERAMICS 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does ASSOCIATED CERAMICS 's P/S Ratio benchmark against top 10 peers in Refractories Industry?

Peer Comparison (Refractories Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ASSOCIATED CERAMICS 49.21.3265.1
RHI MAGNESITA INDIA LTD3,712.63.5213,073.6
VESUVIUS INDIA LTD1,603.15.528,842.5
IFGL REFRACTORIES LTD1,613.71.432,300.4
MORGANITE CRUCIBLE (INDIA) LTD162.04.82780.2
ORIENT CERATECH LTD317.91.90604.7
NILACHAL REFRACTORIES LTD1.1105.72118.3

Refractories Industry Benchmark (Top 10) PS Analysis vs ASSOCIATED CERAMICS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.32x
Max industry PS 105.72x
Median industry PS 3.52x
Average industry PS 17.75x



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