ECO RECYCLING
|
The Current P/S Ratio of ECO RECYCLING is 49.95.
Share Price | ₹644.7 | May 03,2024 |
Market Cap | ₹1,244.3 Cr | |
Sales-TTM | ₹24.9 Cr | TTM-Consolidated Results |
Price/Sales | 49.95x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ECO RECYCLING
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,244.3 Cr] as on May 03,2024
(/) Sales [ ₹24.9 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 49.95x ]
Thus, for ECO RECYCLING , the investors are currently willing to pay '49.95 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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
ECO RECYCLING | 24.9 | 49.95 | 1,244.3 |
VA TECH WABAG LTD | 2,849.1 | 2.06 | 5,863.9 |
ANTONY WASTE HANDLING CELL LTD | 867.3 | 1.65 | 1,431.2 |
RACE ECO CHAIN LTD | 343.8 | 1.58 | 541.7 |
Environmental Services Industry Benchmark (Top 10) PS Analysis vs ECO RECYCLING 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.58x |
Max industry PS | 49.95x |
Median industry PS | 2.06x |
Average industry PS | 13.81x |
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