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BAJAJ AUTO
PS (Price/Sales) Ratio

The Current P/S Ratio of BAJAJ AUTO is 5.40.

Share Price ₹8,682.9Apr 24,2024
Market Cap ₹242,426.6 Cr
Sales-TTM₹44,870.4 CrTTM-Consolidated Results
Price/Sales5.40xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of BAJAJ AUTO

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 BAJAJ AUTO is calculated as :

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 ]

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

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 latest p/e ratio is 5.40x.

- 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 RatioMarket Cap (Cr)
BAJAJ AUTO 44,870.45.40242,426.6
EICHER MOTORS LTD16,084.17.71124,004.0
TVS MOTOR COMPANY LTD37,133.72.5193,323.7
HERO MOTOCORP LTD36,606.22.4087,892.6
WARDWIZARD INNOVATIONS & MOBILITY LTD243.97.151,743.0
ATUL AUTO LTD517.42.711,402.8

Automobile Two & Three Wheelers Industry Benchmark (Top 10) PS Analysis vs BAJAJ AUTO 's P/S Ratio

Top 10 Industry PeersPS 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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