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BLUE JET HEALTHCARE
PS (Price/Sales) Ratio

The Current P/S Ratio of BLUE JET HEALTHCARE is 9.03.

Share Price ₹368.1May 18,2024
Market Cap ₹6,385.7 Cr
Sales-TTM₹707.3 CrTTM-Standalone Results
Price/Sales9.03xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of BLUE JET HEALTHCARE

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 JET HEALTHCARE is calculated as :

Current Market Cap [ ₹6,385.7 Cr] as on May 18,2024

(/) Sales [ ₹707.3 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 9.03x ]

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

Thus, for BLUE JET HEALTHCARE , the investors are currently willing to pay '9.03 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 JET HEALTHCARE !

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

Historical PS (Price/Sales) ratio chart of BLUE JET HEALTHCARE


PS Ratio Performance Analysis for BLUE JET HEALTHCARE

- BLUE JET HEALTHCARE 's latest p/e ratio is 9.03x.

- BLUE JET HEALTHCARE 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 0.00x.

- BLUE JET HEALTHCARE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, BLUE JET HEALTHCARE 's p/e ratio peaked in Mar2023 at 0x.

- BLUE JET HEALTHCARE 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does BLUE JET HEALTHCARE 's P/S Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Sales (Cr)PS RatioMarket Cap (Cr)
BLUE JET HEALTHCARE 707.39.036,385.7
SUN PHARMACEUTICAL INDUSTRIES LTD47,444.67.74367,290.0
CIPLA LTD25,774.14.40113,357.0
DR REDDYS LABORATORIES LTD28,011.13.4697,001.5
ZYDUS LIFESCIENCES LTD19,547.45.69111,134.0
DIVIS LABORATORIES LTD7,492.813.91104,235.0
MANKIND PHARMA LTD10,334.88.1984,596.1
TORRENT PHARMACEUTICALS LTD10,474.08.7491,556.3
LUPIN LTD20,010.83.7875,652.2
AUROBINDO PHARMA LTD27,894.72.5370,467.9
ABBOTT INDIA LTD5,848.99.6856,616.0

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PS Analysis vs BLUE JET HEALTHCARE 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.53x
Max industry PS 13.91x
Median industry PS 7.74x
Average industry PS 7.01x



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