DREDGING CORPORATION OF INDIA
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The Current P/S Ratio of DREDGING CORPORATION OF INDIA is 1.88.
Share Price | ₹673.1 | Mar 28,2024 |
Market Cap | ₹1,884.5 Cr | |
Sales-TTM | ₹1,004.8 Cr | TTM-Standalone Results |
Price/Sales | 1.88x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of DREDGING CORPORATION OF INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,884.5 Cr] as on Mar 28,2024
(/) Sales [ ₹1,004.8 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.88x ]
Thus, for DREDGING CORPORATION OF INDIA , the investors are currently willing to pay '1.88 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 DREDGING CORPORATION OF INDIA !
The chart below summarizes the trend in P/S Ratio of DREDGING CORPORATION OF INDIA over the last five years.
Historical PS (Price/Sales) ratio chart of DREDGING CORPORATION OF INDIA
PS Ratio Performance Analysis for DREDGING CORPORATION OF INDIA
- DREDGING CORPORATION OF INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.08x.
- DREDGING CORPORATION OF INDIA 's operated at median p/e ratio of 1.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DREDGING CORPORATION OF INDIA 's p/e ratio peaked in Mar2019 at 1.73x.
- DREDGING CORPORATION OF INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.54x.
How does DREDGING CORPORATION OF INDIA 's P/S Ratio benchmark against top 10 peers in Shipping Industry?
Peer Comparison (Shipping Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
DREDGING CORPORATION OF INDIA | 1,004.8 | 1.88 | 1,884.5 |
THE GREAT EASTERN SHIPPING COMPANY LTD | 5,213.8 | 2.74 | 14,278.9 |
SHIPPING CORPORATION OF INDIA LTD | 5,052.1 | 1.92 | 9,723.6 |
SEAMEC LTD | 635.2 | 4.28 | 2,720.6 |
SHREYAS SHIPPING & LOGISTICS LTD | 273.9 | 2.08 | 569.0 |
ESSAR SHIPPING LTD | 32.8 | 13.17 | 431.8 |
GLOBAL OFFSHORE SERVICES LTD | 43.4 | 2.48 | 107.6 |
Shipping Industry Benchmark (Top 10) PS Analysis vs DREDGING CORPORATION OF INDIA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.88x |
Max industry PS | 13.17x |
Median industry PS | 2.48x |
Average industry PS | 4.08x |
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