CONFIDENCE PETROLEUM INDIA
|
The Current P/S Ratio of CONFIDENCE PETROLEUM INDIA is 1.05.
Share Price | ₹90.9 | Apr 23,2024 |
Market Cap | ₹2,886.4 Cr | |
Sales-TTM | ₹2,740.8 Cr | TTM-Consolidated Results |
Price/Sales | 1.05x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of CONFIDENCE PETROLEUM INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹2,886.4 Cr] as on Apr 23,2024
(/) Sales [ ₹2,740.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.05x ]
Thus, for CONFIDENCE PETROLEUM INDIA , the investors are currently willing to pay '1.05 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 PETROLEUM INDIA !
The chart below summarizes the trend in P/S Ratio of CONFIDENCE PETROLEUM INDIA over the last five years.
Historical PS (Price/Sales) ratio chart of CONFIDENCE PETROLEUM INDIA
PS Ratio Performance Analysis for CONFIDENCE PETROLEUM INDIA
- CONFIDENCE PETROLEUM INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.98x.
- CONFIDENCE PETROLEUM INDIA 's operated at median p/e ratio of 1.06x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CONFIDENCE PETROLEUM INDIA 's p/e ratio peaked in Mar2021 at 1.47x.
- CONFIDENCE PETROLEUM INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.37x.
How does CONFIDENCE PETROLEUM INDIA 's P/S Ratio benchmark against top 10 peers in Industrial Gases & Fuels Industry?
Peer Comparison (Industrial Gases & Fuels Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
CONFIDENCE PETROLEUM INDIA | 2,740.8 | 1.05 | 2,886.4 |
GAIL (INDIA) LTD | 133,930.0 | 0.98 | 131,272.0 |
LINDE INDIA LTD | 2,768.8 | 23.50 | 65,075.3 |
PETRONET LNG LTD | 52,810.1 | 0.84 | 44,302.5 |
IRM ENERGY LTD | 1,030.1 | 2.30 | 2,371.4 |
REFEX INDUSTRIES LTD | 1,670.7 | 1.19 | 1,986.3 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PS Analysis vs CONFIDENCE PETROLEUM INDIA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.84x |
Max industry PS | 23.50x |
Median industry PS | 1.19x |
Average industry PS | 4.98x |
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