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CARTRADE TECH
PS (Price/Sales) Ratio

The Current P/S Ratio of CARTRADE TECH is 4.71.

Share Price ₹637.4Mar 28,2024
Market Cap ₹2,989.2 Cr
Sales-TTM₹634.9 CrTTM-Consolidated Results
Price/Sales4.71xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of CARTRADE TECH

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 CARTRADE TECH is calculated as :

Current Market Cap [ ₹2,989.2 Cr] as on Mar 28,2024

(/) Sales [ ₹634.9 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 4.71x ]

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

Thus, for CARTRADE TECH , the investors are currently willing to pay '4.71 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 CARTRADE TECH !

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

Historical PS (Price/Sales) ratio chart of CARTRADE TECH


PS Ratio Performance Analysis for CARTRADE TECH

- CARTRADE TECH 's latest p/e ratio is 4.71x.

- CARTRADE TECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.73x.

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

- Looking back at the last 5 fiscal years, CARTRADE TECH 's p/e ratio peaked in Mar2022 at 8.67x.

- CARTRADE TECH 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does CARTRADE TECH 's P/S Ratio benchmark against top 10 peers in Automobiles - Dealers & Distributors Industry?

Peer Comparison (Automobiles - Dealers & Distributors Industry)Sales (Cr)PS RatioMarket Cap (Cr)
CARTRADE TECH 634.94.712,989.2
LANDMARK CARS LTD3,277.70.933,034.9
COMPETENT AUTOMOBILES COMPANY LTD2,073.70.14285.8

Automobiles - Dealers & Distributors Industry Benchmark (Top 10) PS Analysis vs CARTRADE TECH 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.14x
Max industry PS 4.71x
Median industry PS 0.93x
Average industry PS 1.92x



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