ASTEC LIFESCIENCES
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The Current P/S Ratio of ASTEC LIFESCIENCES is 5.65.
Share Price | ₹1,242.6 | Apr 25,2024 |
Market Cap | ₹2,435.5 Cr | |
Sales-TTM | ₹431.4 Cr | TTM-Consolidated Results |
Price/Sales | 5.65x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ASTEC LIFESCIENCES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
ASTEC LIFESCIENCES | 431.4 | 5.65 | 2,435.5 |
PI INDUSTRIES LTD | 7,490.4 | 7.61 | 56,971.7 |
UPL LTD | 45,589.0 | 0.83 | 37,973.2 |
BAYER CROPSCIENCE LTD | 5,294.2 | 4.72 | 24,994.3 |
SUMITOMO CHEMICAL INDIA LTD | 2,821.3 | 7.20 | 20,310.2 |
BASF INDIA LTD | 13,684.4 | 1.14 | 15,662.9 |
RALLIS INDIA LTD | 2,648.0 | 1.98 | 5,249.7 |
DHANUKA AGRITECH LTD | 1,761.5 | 3.49 | 6,154.0 |
BHARAT RASAYAN LTD | 1,040.9 | 3.84 | 3,997.7 |
SHARDA CROPCHEM LTD | 3,332.8 | 1.02 | 3,385.1 |
INDIA PESTICIDES LTD | 752.3 | 3.58 | 2,693.1 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PS Analysis vs ASTEC LIFESCIENCES 's P/S Ratio
Top 10 Industry Peers | PS 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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