BHARAT WIRE ROPES
|
The Current P/S Ratio of BHARAT WIRE ROPES is 3.06.
Share Price | ₹280.0 | May 06,2024 |
Market Cap | ₹1,904.0 Cr | |
Sales-TTM | ₹621.8 Cr | TTM-Consolidated Results |
Price/Sales | 3.06x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of BHARAT WIRE ROPES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
BHARAT WIRE ROPES | 621.8 | 3.06 | 1,904.0 |
HINDUSTAN ZINC LTD | 28,932.0 | 6.78 | 196,076.0 |
HINDALCO INDUSTRIES LTD | 215,825.0 | 0.66 | 143,485.0 |
VEDANTA LTD | 143,728.0 | 1.06 | 152,628.0 |
HINDUSTAN COPPER LTD | 1,711.4 | 21.33 | 36,500.3 |
GRAVITA INDIA LTD | 3,160.8 | 2.03 | 6,413.6 |
SHIVALIK BIMETAL CONTROLS LTD | 504.8 | 6.45 | 3,258.1 |
RAM RATNA WIRES LTD | 2,904.3 | 0.57 | 1,641.0 |
NILE LTD | 880.6 | 0.47 | 413.4 |
RAJNANDINI METAL LTD | 1,232.0 | 0.25 | 311.0 |
SHERA ENERGY LTD | 733.8 | 0.61 | 445.2 |
Metal - Non Ferrous Industry Benchmark (Top 10) PS Analysis vs BHARAT WIRE ROPES 's P/S Ratio
Top 10 Industry Peers | PS 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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