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CHENNAI PETROLEUM CORPORATION
PS (Price/Sales) Ratio

The Current P/S Ratio of CHENNAI PETROLEUM CORPORATION is 0.18.

Share Price ₹941.8Apr 19,2024
Market Cap ₹14,022.7 Cr
Sales-TTM₹79,799.6 CrTTM-Consolidated Results
Price/Sales0.18xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of CHENNAI PETROLEUM CORPORATION

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 CHENNAI PETROLEUM CORPORATION is calculated as :

Current Market Cap [ ₹14,022.7 Cr] as on Apr 19,2024

(/) Sales [ ₹79,799.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.18x ]

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

Thus, for CHENNAI PETROLEUM CORPORATION , the investors are currently willing to pay '0.18 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 CHENNAI PETROLEUM CORPORATION !

The chart below summarizes the trend in P/S Ratio of CHENNAI PETROLEUM CORPORATION over the last five years.

Historical PS (Price/Sales) ratio chart of CHENNAI PETROLEUM CORPORATION


PS Ratio Performance Analysis for CHENNAI PETROLEUM CORPORATION

- CHENNAI PETROLEUM CORPORATION 's latest p/e ratio is 0.18x.

- CHENNAI PETROLEUM CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.06x.

- CHENNAI PETROLEUM CORPORATION 's operated at median p/e ratio of 0.05x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CHENNAI PETROLEUM CORPORATION 's p/e ratio peaked in Mar2019 at 0.1x.

- CHENNAI PETROLEUM CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 0.02x.


How does CHENNAI PETROLEUM CORPORATION 's P/S Ratio benchmark against top 10 peers in Refineries Industry?

Peer Comparison (Refineries Industry)Sales (Cr)PS RatioMarket Cap (Cr)
CHENNAI PETROLEUM CORPORATION 79,799.60.1814,022.7
RELIANCE INDUSTRIES LTD890,133.02.241,990,320.0
INDIAN OIL CORPORATION LTD888,297.00.26235,330.0
BHARAT PETROLEUM CORPORATION LTD508,325.00.25127,097.0
HINDUSTAN PETROLEUM CORPORATION LTD454,889.00.1567,870.5
MANGALORE REFINERY AND PETROCHEMICALS LTD105,461.00.3839,784.0

Refineries Industry Benchmark (Top 10) PS Analysis vs CHENNAI PETROLEUM CORPORATION 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.15x
Max industry PS 2.24x
Median industry PS 0.26x
Average industry PS 0.58x



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