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CARE RATINGS
PS (Price/Sales) Ratio

The Current P/S Ratio of CARE RATINGS is 10.58.

Share Price ₹1,128.4Apr 23,2024
Market Cap ₹3,373.9 Cr
Sales-TTM₹319.0 CrTTM-Consolidated Results
Price/Sales10.58xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of CARE RATINGS

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 CARE RATINGS is calculated as :

Current Market Cap [ ₹3,373.9 Cr] as on Apr 23,2024

(/) Sales [ ₹319.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 10.58x ]

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

Thus, for CARE RATINGS , the investors are currently willing to pay '10.58 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 CARE RATINGS !

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

Historical PS (Price/Sales) ratio chart of CARE RATINGS


PS Ratio Performance Analysis for CARE RATINGS

- CARE RATINGS 's latest p/e ratio is 10.58x.

- CARE RATINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.19x.

- CARE RATINGS 's operated at median p/e ratio of 6.13x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CARE RATINGS 's p/e ratio peaked in Mar2019 at 9.13x.

- CARE RATINGS 's p/e ratio hit its five-year low in Mar2020 of 3.98x.


How does CARE RATINGS 's P/S Ratio benchmark against top 10 peers in Ratings Industry?

Peer Comparison (Ratings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
CARE RATINGS 319.010.583,373.9
CRISIL LTD3,162.39.7230,736.5
ICRA LTD431.211.655,023.2

Ratings Industry Benchmark (Top 10) PS Analysis vs CARE RATINGS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 9.72x
Max industry PS 11.65x
Median industry PS 10.58x
Average industry PS 10.65x



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