AUTOMOTIVE AXLES
|
The Current P/S Ratio of AUTOMOTIVE AXLES is 1.26.
Share Price | ₹1,959.5 | May 02,2024 |
Market Cap | ₹2,958.8 Cr | |
Sales-TTM | ₹2,350.7 Cr | TTM-Standalone Results |
Price/Sales | 1.26x | Calculated as Market Cap/Sales |
---|---|---|
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 [ ₹2,958.8 Cr] as on May 02,2024
(/) Sales [ ₹2,350.7 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.26x ]
Thus, for AUTOMOTIVE AXLES , the investors are currently willing to pay '1.26 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 | 1.26 | 2,958.8 |
BOSCH LTD | 16,557.1 | 5.47 | 90,507.7 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 94,110.4 | 0.94 | 88,195.1 |
SONA BLW PRECISION FORGINGS LTD | 3,184.8 | 11.21 | 35,689.1 |
UNO MINDA LTD | 13,125.8 | 3.20 | 42,018.0 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 3,833.9 | 6.76 | 25,906.5 |
ENDURANCE TECHNOLOGIES LTD | 9,790.4 | 2.81 | 27,514.4 |
JBM AUTO LTD | 4,533.5 | 5.11 | 23,172.9 |
TVS HOLDINGS LTD | 38,397.7 | 0.47 | 18,183.1 |
MINDA CORPORATION LTD | 4,510.7 | 2.18 | 9,825.0 |
CRAFTSMAN AUTOMATION LTD | 4,451.7 | 2.11 | 9,377.8 |
Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs AUTOMOTIVE AXLES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.47x |
Max industry PS | 11.21x |
Median industry PS | 2.81x |
Average industry PS | 3.77x |
You may also like the below Video Courses