AUTOMOTIVE AXLES
|
The Current P/S Ratio of AUTOMOTIVE AXLES is 1.20.
Share Price | ₹1,871.6 | May 10,2024 |
Market Cap | ₹2,826.0 Cr | |
Sales-TTM | ₹2,350.7 Cr | TTM-Standalone Results |
Price/Sales | 1.20x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of AUTOMOTIVE AXLES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹2,826.0 Cr] as on May 10,2024
(/) Sales [ ₹2,350.7 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.20x ]
Thus, for AUTOMOTIVE AXLES , the investors are currently willing to pay '1.20 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 AUTOMOTIVE AXLES !
The chart below summarizes the trend in P/S Ratio of AUTOMOTIVE AXLES over the last five years.
Historical PS (Price/Sales) ratio chart of AUTOMOTIVE AXLES
PS Ratio Performance Analysis for AUTOMOTIVE AXLES
- AUTOMOTIVE AXLES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.32x.
- AUTOMOTIVE AXLES 's operated at median p/e ratio of 1.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AUTOMOTIVE AXLES 's p/e ratio peaked in Mar2021 at 1.75x.
- AUTOMOTIVE AXLES 's p/e ratio hit its five-year low in Mar2020 of 0.61x.
How does AUTOMOTIVE AXLES '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) |
---|---|---|---|
AUTOMOTIVE AXLES | 2,350.7 | 1.20 | 2,826.0 |
BOSCH LTD | 16,557.1 | 5.41 | 89,652.3 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 94,110.4 | 0.92 | 86,501.0 |
SONA BLW PRECISION FORGINGS LTD | 3,184.8 | 10.87 | 34,627.6 |
UNO MINDA LTD | 13,125.8 | 3.21 | 42,167.2 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 3,833.9 | 6.65 | 25,477.7 |
ENDURANCE TECHNOLOGIES LTD | 9,790.4 | 3.01 | 29,488.6 |
JBM AUTO LTD | 5,009.4 | 4.45 | 22,276.0 |
TVS HOLDINGS LTD | 40,062.5 | 0.51 | 20,604.1 |
MINDA CORPORATION LTD | 4,510.7 | 2.19 | 9,896.7 |
CRAFTSMAN AUTOMATION LTD | 4,451.7 | 2.04 | 9,096.8 |
Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs AUTOMOTIVE AXLES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.51x |
Max industry PS | 10.87x |
Median industry PS | 3.01x |
Average industry PS | 3.68x |
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