Home > PS Ratio > BLUE STAR

BLUE STAR
PS (Price/Sales) Ratio

The Current P/S Ratio of BLUE STAR is 3.31.

Share Price ₹1,445.4Apr 24,2024
Market Cap ₹29,716.4 Cr
Sales-TTM₹8,981.4 CrTTM-Consolidated Results
Price/Sales3.31xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for BLUE STAR
Please provide your vote to see the results
BLUE STAR is part of below Screeners ↓
Top Mid Cap Stocks with Best Fundamentals
Best Quarterly Growth Mid Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of BLUE STAR

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 STAR is calculated as :

Current Market Cap [ ₹29,716.4 Cr] as on Apr 24,2024

(/) Sales [ ₹8,981.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.31x ]

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

Thus, for BLUE STAR , the investors are currently willing to pay '3.31 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 STAR !

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

Historical PS (Price/Sales) ratio chart of BLUE STAR


PS Ratio Performance Analysis for BLUE STAR

- BLUE STAR 's latest p/e ratio is 3.31x.

- BLUE STAR 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.51x.

- BLUE STAR 's operated at median p/e ratio of 1.66x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BLUE STAR 's p/e ratio peaked in Mar2021 at 2.12x.

- BLUE STAR 's p/e ratio hit its five-year low in Mar2020 of 0.83x.


How does BLUE STAR 's P/S Ratio benchmark against top 10 peers in Air Conditioners Industry?

Peer Comparison (Air Conditioners Industry)Sales (Cr)PS RatioMarket Cap (Cr)
BLUE STAR 8,981.43.3129,716.4
VOLTAS LTD11,235.14.1646,787.1
AMBER ENTERPRISES INDIA LTD6,926.41.8412,778.5
JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA LTD1,694.51.903,224.2

Air Conditioners Industry Benchmark (Top 10) PS Analysis vs BLUE STAR 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.84x
Max industry PS 4.16x
Median industry PS 3.31x
Average industry PS 2.81x



You may also like the below Video Courses