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CORDS CABLE INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of CORDS CABLE INDUSTRIES is 0.37.

Share Price ₹169.9Apr 25,2024
Market Cap ₹219.1 Cr
Sales-TTM₹590.5 CrTTM-Standalone Results
Price/Sales0.37xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of CORDS CABLE INDUSTRIES

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 CORDS CABLE INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 0.37x.

- 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 RatioMarket Cap (Cr)
CORDS CABLE INDUSTRIES 590.50.37219.1
POLYCAB INDIA LTD16,771.25.0484,597.8
KEI INDUSTRIES LTD7,745.44.5635,348.5
RR KABEL LTD6,090.03.0718,682.2
FINOLEX CABLES LTD4,837.73.2015,457.6
STERLITE TECHNOLOGIES LTD6,210.01.066,577.4
PRECISION WIRES INDIA LTD3,236.60.762,461.0
PARAMOUNT COMMUNICATIONS LTD949.32.492,361.3
UNIVERSAL CABLES LTD2,023.21.012,041.3
DYNAMIC CABLES LTD705.61.38975.7
BIRLA CABLE LTD756.11.07812.0

Cable Industry Benchmark (Top 10) PS Analysis vs CORDS CABLE INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS 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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