Home > PS Ratio > DREDGING CORPORATION OF INDIA

DREDGING CORPORATION OF INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of DREDGING CORPORATION OF INDIA is 1.88.

Share Price ₹673.1Mar 28,2024
Market Cap ₹1,884.5 Cr
Sales-TTM₹1,004.8 CrTTM-Standalone Results
Price/Sales1.88xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for DREDGING CORPORATION OF INDIA
Please provide your vote to see the results
DREDGING CORPORATION OF INDIA is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of DREDGING CORPORATION OF INDIA

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 DREDGING CORPORATION OF INDIA is calculated as :

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 ]

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

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 latest p/e ratio is 1.88x.

- 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 RatioMarket Cap (Cr)
DREDGING CORPORATION OF INDIA 1,004.81.881,884.5
THE GREAT EASTERN SHIPPING COMPANY LTD5,213.82.7414,278.9
SHIPPING CORPORATION OF INDIA LTD5,052.11.929,723.6
SEAMEC LTD635.24.282,720.6
SHREYAS SHIPPING & LOGISTICS LTD273.92.08569.0
ESSAR SHIPPING LTD32.813.17431.8
GLOBAL OFFSHORE SERVICES LTD43.42.48107.6

Shipping Industry Benchmark (Top 10) PS Analysis vs DREDGING CORPORATION OF INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.88x
Max industry PS 13.17x
Median industry PS 2.48x
Average industry PS 4.08x



You may also like the below Video Courses