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EICHER MOTORS
PS (Price/Sales) Ratio

The Current P/S Ratio of EICHER MOTORS is 6.84.

Share Price ₹4,019.5Mar 28,2024
Market Cap ₹110,052.5 Cr
Sales-TTM₹16,084.1 CrTTM-Consolidated Results
Price/Sales6.84xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of EICHER MOTORS

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 EICHER MOTORS is calculated as :

Current Market Cap [ ₹110,052.5 Cr] as on Mar 28,2024

(/) Sales [ ₹16,084.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 6.84x ]

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

Thus, for EICHER MOTORS , the investors are currently willing to pay '6.84 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 EICHER MOTORS !

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

Historical PS (Price/Sales) ratio chart of EICHER MOTORS


PS Ratio Performance Analysis for EICHER MOTORS

- EICHER MOTORS 's latest p/e ratio is 6.84x.

- EICHER MOTORS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.98x.

- EICHER MOTORS 's operated at median p/e ratio of 5.72x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EICHER MOTORS 's p/e ratio peaked in Mar2021 at 8.16x.

- EICHER MOTORS 's p/e ratio hit its five-year low in Mar2020 of 3.9x.


How does EICHER MOTORS 's P/S Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?

Peer Comparison (Automobile Two & Three Wheelers Industry)Sales (Cr)PS RatioMarket Cap (Cr)
EICHER MOTORS 16,084.16.84110,052.5
BAJAJ AUTO LTD42,244.76.13258,965.0
TVS MOTOR COMPANY LTD37,133.72.75102,213.0
HERO MOTOCORP LTD36,606.22.5894,307.1
WARDWIZARD INNOVATIONS & MOBILITY LTD243.96.071,481.3
ATUL AUTO LTD517.42.551,321.8

Automobile Two & Three Wheelers Industry Benchmark (Top 10) PS Analysis vs EICHER MOTORS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.55x
Max industry PS 6.84x
Median industry PS 6.07x
Average industry PS 4.49x



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