CORDS CABLE INDUSTRIES
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The Current P/S Ratio of CORDS CABLE INDUSTRIES is 0.37.
Share Price | ₹169.9 | Apr 25,2024 |
Market Cap | ₹219.1 Cr | |
Sales-TTM | ₹590.5 Cr | TTM-Standalone Results |
Price/Sales | 0.37x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of CORDS CABLE INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹219.1 Cr] as on Apr 25,2024
(/) Sales [ ₹590.5 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 0.37x ]
Thus, for CORDS CABLE INDUSTRIES , the investors are currently willing to pay '0.37 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 CORDS CABLE INDUSTRIES !
The chart below summarizes the trend in P/S Ratio of CORDS CABLE INDUSTRIES over the last five years.
Historical PS (Price/Sales) ratio chart of CORDS CABLE INDUSTRIES
PS Ratio Performance Analysis for CORDS CABLE INDUSTRIES
- CORDS CABLE INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.15x.
- CORDS CABLE INDUSTRIES 's operated at median p/e ratio of 0.15x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CORDS CABLE INDUSTRIES 's p/e ratio peaked in Mar2019 at 0.2x.
- CORDS CABLE INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0.08x.
How does CORDS CABLE INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
CORDS CABLE INDUSTRIES | 590.5 | 0.37 | 219.1 |
POLYCAB INDIA LTD | 16,771.2 | 5.04 | 84,597.8 |
KEI INDUSTRIES LTD | 7,745.4 | 4.56 | 35,348.5 |
RR KABEL LTD | 6,090.0 | 3.07 | 18,682.2 |
FINOLEX CABLES LTD | 4,837.7 | 3.20 | 15,457.6 |
STERLITE TECHNOLOGIES LTD | 6,210.0 | 1.06 | 6,577.4 |
PRECISION WIRES INDIA LTD | 3,236.6 | 0.76 | 2,461.0 |
PARAMOUNT COMMUNICATIONS LTD | 949.3 | 2.49 | 2,361.3 |
UNIVERSAL CABLES LTD | 2,023.2 | 1.01 | 2,041.3 |
DYNAMIC CABLES LTD | 705.6 | 1.38 | 975.7 |
BIRLA CABLE LTD | 756.1 | 1.07 | 812.0 |
Cable Industry Benchmark (Top 10) PS Analysis vs CORDS CABLE INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.37x |
Max industry PS | 5.04x |
Median industry PS | 1.38x |
Average industry PS | 2.18x |
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