BAJAJ AUTO
|
The Current P/S Ratio of BAJAJ AUTO is 5.40.
Share Price | ₹8,682.9 | Apr 24,2024 |
Market Cap | ₹242,426.6 Cr | |
Sales-TTM | ₹44,870.4 Cr | TTM-Consolidated Results |
Price/Sales | 5.40x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of BAJAJ AUTO
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹242,426.6 Cr] as on Apr 24,2024
(/) Sales [ ₹44,870.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 5.40x ]
Thus, for BAJAJ AUTO , the investors are currently willing to pay '5.40 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 BAJAJ AUTO !
The chart below summarizes the trend in P/S Ratio of BAJAJ AUTO over the last five years.
Historical PS (Price/Sales) ratio chart of BAJAJ AUTO
PS Ratio Performance Analysis for BAJAJ AUTO
- BAJAJ AUTO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.95x.
- BAJAJ AUTO 's operated at median p/e ratio of 3.01x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BAJAJ AUTO 's p/e ratio peaked in Mar2021 at 3.83x.
- BAJAJ AUTO 's p/e ratio hit its five-year low in Mar2020 of 1.96x.
How does BAJAJ AUTO 's P/S Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?
Peer Comparison (Automobile Two & Three Wheelers Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
BAJAJ AUTO | 44,870.4 | 5.40 | 242,426.6 |
EICHER MOTORS LTD | 16,084.1 | 7.71 | 124,004.0 |
TVS MOTOR COMPANY LTD | 37,133.7 | 2.51 | 93,323.7 |
HERO MOTOCORP LTD | 36,606.2 | 2.40 | 87,892.6 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 243.9 | 7.15 | 1,743.0 |
ATUL AUTO LTD | 517.4 | 2.71 | 1,402.8 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PS Analysis vs BAJAJ AUTO 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.40x |
Max industry PS | 7.71x |
Median industry PS | 5.40x |
Average industry PS | 4.65x |
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