BLUE STAR
|
The Current P/S Ratio of BLUE STAR is 3.31.
Share Price | ₹1,445.4 | Apr 24,2024 |
Market Cap | ₹29,716.4 Cr | |
Sales-TTM | ₹8,981.4 Cr | TTM-Consolidated Results |
Price/Sales | 3.31x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of BLUE STAR
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
BLUE STAR | 8,981.4 | 3.31 | 29,716.4 |
VOLTAS LTD | 11,235.1 | 4.16 | 46,787.1 |
AMBER ENTERPRISES INDIA LTD | 6,926.4 | 1.84 | 12,778.5 |
JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA LTD | 1,694.5 | 1.90 | 3,224.2 |
Air Conditioners Industry Benchmark (Top 10) PS Analysis vs BLUE STAR 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.84x |
Max industry PS | 4.16x |
Median industry PS | 3.31x |
Average industry PS | 2.81x |
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