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EIMCO ELECON (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of EIMCO ELECON (INDIA) is 5.78.

Share Price ₹2,266.0Apr 26,2024
Market Cap ₹1,314.3 Cr
Sales-TTM₹227.4 CrTTM-Consolidated Results
Price/Sales5.78xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of EIMCO ELECON (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 EIMCO ELECON (INDIA) is calculated as :

Current Market Cap [ ₹1,314.3 Cr] as on Apr 26,2024

(/) Sales [ ₹227.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 5.78x ]

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

Thus, for EIMCO ELECON (INDIA) , the investors are currently willing to pay '5.78 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 EIMCO ELECON (INDIA) !

The chart below summarizes the trend in P/S Ratio of EIMCO ELECON (INDIA) over the last five years.

Historical PS (Price/Sales) ratio chart of EIMCO ELECON (INDIA)


PS Ratio Performance Analysis for EIMCO ELECON (INDIA)

- EIMCO ELECON (INDIA) 's latest p/e ratio is 5.78x.

- EIMCO ELECON (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.42x.

- EIMCO ELECON (INDIA) 's operated at median p/e ratio of 1.21x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EIMCO ELECON (INDIA) 's p/e ratio peaked in Mar2022 at 2.13x.

- EIMCO ELECON (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 1.04x.


How does EIMCO ELECON (INDIA) 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
EIMCO ELECON (INDIA) 227.45.781,314.3
BHARAT ELECTRONICS LTD18,183.39.60174,631.0
BHARAT HEAVY ELECTRICALS LTD23,859.54.0797,079.9
THERMAX LTD8,870.65.8752,032.6
TRIVENI TURBINE LTD1,565.710.8717,023.9
KIRLOSKAR OIL ENGINES LTD5,622.12.6314,794.8
ELECON ENGINEERING COMPANY LTD1,937.46.5412,661.8
PRAJ INDUSTRIES LTD3,451.72.789,611.6
SHRIRAM PISTONS & RINGS LTD2,934.83.149,206.0
KIRLOSKAR BROTHERS LTD3,902.02.6410,299.7
TEGA INDUSTRIES LTD1,382.17.2710,044.2

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs EIMCO ELECON (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.63x
Max industry PS 10.87x
Median industry PS 5.78x
Average industry PS 5.56x



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