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BLUE DART EXPRESS
PS (Price/Sales) Ratio

The Current P/S Ratio of BLUE DART EXPRESS is 2.84.

Share Price ₹6,180.0Mar 28,2024
Market Cap ₹14,646.5 Cr
Sales-TTM₹5,161.5 CrTTM-Consolidated Results
Price/Sales2.84xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of BLUE DART EXPRESS

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 BLUE DART EXPRESS is calculated as :

Current Market Cap [ ₹14,646.5 Cr] as on Mar 28,2024

(/) Sales [ ₹5,161.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.84x ]

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

Thus, for BLUE DART EXPRESS , the investors are currently willing to pay '2.84 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 BLUE DART EXPRESS !

The chart below summarizes the trend in P/S Ratio of BLUE DART EXPRESS over the last five years.

Historical PS (Price/Sales) ratio chart of BLUE DART EXPRESS


PS Ratio Performance Analysis for BLUE DART EXPRESS

- BLUE DART EXPRESS 's latest p/e ratio is 2.84x.

- BLUE DART EXPRESS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.97x.

- BLUE DART EXPRESS 's operated at median p/e ratio of 2.85x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BLUE DART EXPRESS 's p/e ratio peaked in Mar2021 at 4.02x.

- BLUE DART EXPRESS 's p/e ratio hit its five-year low in Mar2020 of 1.62x.


How does BLUE DART EXPRESS 's P/S Ratio benchmark against top 10 peers in Courier Services Industry?

Peer Comparison (Courier Services Industry)Sales (Cr)PS RatioMarket Cap (Cr)
BLUE DART EXPRESS 5,161.52.8414,646.5
DELHIVERY LTD7,925.64.1432,816.4
VL EGOVERNANCE & IT SOLUTIONS LTD223.62.43542.8

Courier Services Industry Benchmark (Top 10) PS Analysis vs BLUE DART EXPRESS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.43x
Max industry PS 4.14x
Median industry PS 2.84x
Average industry PS 3.14x



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