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BHARAT WIRE ROPES
PS (Price/Sales) Ratio

The Current P/S Ratio of BHARAT WIRE ROPES is 3.06.

Share Price ₹280.0May 06,2024
Market Cap ₹1,904.0 Cr
Sales-TTM₹621.8 CrTTM-Consolidated Results
Price/Sales3.06xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of BHARAT WIRE ROPES

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 BHARAT WIRE ROPES is calculated as :

Current Market Cap [ ₹1,904.0 Cr] as on May 06,2024

(/) Sales [ ₹621.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.06x ]

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

Thus, for BHARAT WIRE ROPES , the investors are currently willing to pay '3.06 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 BHARAT WIRE ROPES !

The chart below summarizes the trend in P/S Ratio of BHARAT WIRE ROPES over the last five years.

Historical PS (Price/Sales) ratio chart of BHARAT WIRE ROPES


PS Ratio Performance Analysis for BHARAT WIRE ROPES

- BHARAT WIRE ROPES 's latest p/e ratio is 3.06x.

- BHARAT WIRE ROPES 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 1.43x.

- BHARAT WIRE ROPES 's operated at median p/e ratio of 1.79x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, BHARAT WIRE ROPES 's p/e ratio peaked in Mar2023 at 1.79x.

- BHARAT WIRE ROPES 's p/e ratio hit its five-year low in Mar2022 of 1.06x.


How does BHARAT WIRE ROPES 's P/S Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Sales (Cr)PS RatioMarket Cap (Cr)
BHARAT WIRE ROPES 621.83.061,904.0
HINDUSTAN ZINC LTD28,932.06.78196,076.0
HINDALCO INDUSTRIES LTD215,825.00.66143,485.0
VEDANTA LTD143,728.01.06152,628.0
HINDUSTAN COPPER LTD1,711.421.3336,500.3
GRAVITA INDIA LTD3,160.82.036,413.6
SHIVALIK BIMETAL CONTROLS LTD504.86.453,258.1
RAM RATNA WIRES LTD2,904.30.571,641.0
NILE LTD880.60.47413.4
RAJNANDINI METAL LTD1,232.00.25311.0
SHERA ENERGY LTD733.80.61445.2

Metal - Non Ferrous Industry Benchmark (Top 10) PS Analysis vs BHARAT WIRE ROPES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.25x
Max industry PS 21.33x
Median industry PS 1.06x
Average industry PS 3.93x



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