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CONFIDENCE FUTURISTIC ENERGETECH
PS (Price/Sales) Ratio

The Current P/S Ratio of CONFIDENCE FUTURISTIC ENERGETECH is 0.78.

Share Price ₹77.3Jul 04,2025
Market Cap ₹193.3 Cr
Sales-TTM₹249.4 CrTTM-Consolidated Results
Price/Sales0.78xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of CONFIDENCE FUTURISTIC ENERGETECH

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 CONFIDENCE FUTURISTIC ENERGETECH is calculated as :

Current Market Cap [ ₹193.3 Cr] as on Jul 04,2025

(/) Sales [ ₹249.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.78x ]

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

Thus, for CONFIDENCE FUTURISTIC ENERGETECH , the investors are currently willing to pay '0.78 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 CONFIDENCE FUTURISTIC ENERGETECH !

The chart below summarizes the trend in P/S Ratio of CONFIDENCE FUTURISTIC ENERGETECH over the last five years.

Historical PS (Price/Sales) ratio chart of CONFIDENCE FUTURISTIC ENERGETECH


PS Ratio Performance Analysis for CONFIDENCE FUTURISTIC ENERGETECH

- CONFIDENCE FUTURISTIC ENERGETECH 's latest p/e ratio is 0.78x.

- CONFIDENCE FUTURISTIC ENERGETECH 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 2.76x.

- CONFIDENCE FUTURISTIC ENERGETECH 's operated at median p/e ratio of 2.64x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, CONFIDENCE FUTURISTIC ENERGETECH 's p/e ratio peaked in Mar2021 at 4.76x.

- CONFIDENCE FUTURISTIC ENERGETECH 's p/e ratio hit its five-year low in Mar2024 of 1.5x.


How does CONFIDENCE FUTURISTIC ENERGETECH 's P/S Ratio benchmark against top 10 peers in Gas Transmission/Marketing Industry?

Peer Comparison (Gas Transmission/Marketing Industry)Sales (Cr)PS RatioMarket Cap (Cr)
CONFIDENCE FUTURISTIC ENERGETECH 249.40.78193.3
ADANI TOTAL GAS LTD5,411.713.4172,571.0
GUJARAT GAS LTD17,185.01.9633,665.7
INDRAPRASTHA GAS LTD16,466.71.9231,675.0
GUJARAT STATE PETRONET LTD18,068.11.0518,895.4

Gas Transmission/Marketing Industry Benchmark (Top 10) PS Analysis vs CONFIDENCE FUTURISTIC ENERGETECH 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.78x
Max industry PS 13.41x
Median industry PS 1.92x
Average industry PS 3.82x



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