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ECO RECYCLING
PS (Price/Sales) Ratio

The Current P/S Ratio of ECO RECYCLING is 42.98.

Share Price ₹554.7Apr 24,2024
Market Cap ₹1,070.6 Cr
Sales-TTM₹24.9 CrTTM-Consolidated Results
Price/Sales42.98xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ECO RECYCLING

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 ECO RECYCLING is calculated as :

Current Market Cap [ ₹1,070.6 Cr] as on Apr 24,2024

(/) Sales [ ₹24.9 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 42.98x ]

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

Thus, for ECO RECYCLING , the investors are currently willing to pay '42.98 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 ECO RECYCLING !

The chart below summarizes the trend in P/S Ratio of ECO RECYCLING over the last five years.

Historical PS (Price/Sales) ratio chart of ECO RECYCLING


PS Ratio Performance Analysis for ECO RECYCLING

- ECO RECYCLING 's latest p/e ratio is 42.98x.

- ECO RECYCLING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.01x.

- ECO RECYCLING 's operated at median p/e ratio of 8.68x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ECO RECYCLING 's p/e ratio peaked in Mar2022 at 14.42x.

- ECO RECYCLING 's p/e ratio hit its five-year low in Mar2020 of 3.77x.


How does ECO RECYCLING 's P/S Ratio benchmark against top 10 peers in Environmental Services Industry?

Peer Comparison (Environmental Services Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ECO RECYCLING 24.942.981,070.6
VA TECH WABAG LTD2,849.12.075,896.3
ANTONY WASTE HANDLING CELL LTD867.31.681,455.3
RACE ECO CHAIN LTD343.81.51520.9

Environmental Services Industry Benchmark (Top 10) PS Analysis vs ECO RECYCLING 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.51x
Max industry PS 42.98x
Median industry PS 2.07x
Average industry PS 12.06x



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