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ASTEC LIFESCIENCES
PS (Price/Sales) Ratio

The Current P/S Ratio of ASTEC LIFESCIENCES is 5.65.

Share Price ₹1,242.6Apr 25,2024
Market Cap ₹2,435.5 Cr
Sales-TTM₹431.4 CrTTM-Consolidated Results
Price/Sales5.65xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ASTEC LIFESCIENCES

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 ASTEC LIFESCIENCES is calculated as :

Current Market Cap [ ₹2,435.5 Cr] as on Apr 25,2024

(/) Sales [ ₹431.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 5.65x ]

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

Thus, for ASTEC LIFESCIENCES , the investors are currently willing to pay '5.65 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 ASTEC LIFESCIENCES !

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

Historical PS (Price/Sales) ratio chart of ASTEC LIFESCIENCES


PS Ratio Performance Analysis for ASTEC LIFESCIENCES

- ASTEC LIFESCIENCES 's latest p/e ratio is 5.65x.

- ASTEC LIFESCIENCES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.37x.

- ASTEC LIFESCIENCES 's operated at median p/e ratio of 3.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASTEC LIFESCIENCES 's p/e ratio peaked in Mar2022 at 5.08x.

- ASTEC LIFESCIENCES 's p/e ratio hit its five-year low in Mar2020 of 1.5x.


How does ASTEC LIFESCIENCES 's P/S Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?

Peer Comparison (Pesticides & Agrochemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ASTEC LIFESCIENCES 431.45.652,435.5
PI INDUSTRIES LTD7,490.47.6156,971.7
UPL LTD45,589.00.8337,973.2
BAYER CROPSCIENCE LTD5,294.24.7224,994.3
SUMITOMO CHEMICAL INDIA LTD2,821.37.2020,310.2
BASF INDIA LTD13,684.41.1415,662.9
RALLIS INDIA LTD2,648.01.985,249.7
DHANUKA AGRITECH LTD1,761.53.496,154.0
BHARAT RASAYAN LTD1,040.93.843,997.7
SHARDA CROPCHEM LTD3,332.81.023,385.1
INDIA PESTICIDES LTD752.33.582,693.1

Pesticides & Agrochemicals Industry Benchmark (Top 10) PS Analysis vs ASTEC LIFESCIENCES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.83x
Max industry PS 7.61x
Median industry PS 3.58x
Average industry PS 3.73x



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