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ELANTAS BECK INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of ELANTAS BECK INDIA is 11.34.

Share Price ₹9,759.8Apr 19,2024
Market Cap ₹7,710.2 Cr
Sales-TTM₹679.9 CrTTM-Standalone Results
Price/Sales11.34xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ELANTAS BECK 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 ELANTAS BECK INDIA is calculated as :

Current Market Cap [ ₹7,710.2 Cr] as on Apr 19,2024

(/) Sales [ ₹679.9 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 11.34x ]

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

Thus, for ELANTAS BECK INDIA , the investors are currently willing to pay '11.34 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 ELANTAS BECK INDIA !

The chart below summarizes the trend in P/S Ratio of ELANTAS BECK INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of ELANTAS BECK INDIA


PS Ratio Performance Analysis for ELANTAS BECK INDIA

- ELANTAS BECK INDIA 's latest p/e ratio is 11.34x.

- ELANTAS BECK INDIA 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 6.30x.

- ELANTAS BECK INDIA 's operated at median p/e ratio of 5.58x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ELANTAS BECK INDIA 's p/e ratio peaked in Dec2023 at 9.9x.

- ELANTAS BECK INDIA 's p/e ratio hit its five-year low in Dec2019 of 4.97x.


How does ELANTAS BECK INDIA 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ELANTAS BECK INDIA 679.911.347,710.2
PIDILITE INDUSTRIES LTD12,170.411.82143,804.0
SOLAR INDUSTRIES INDIA LTD6,387.412.0877,156.8
SRF LTD13,346.95.6174,909.5
GUJARAT FLUOROCHEMICALS LTD4,619.28.5639,553.7
DEEPAK NITRITE LTD7,517.04.1230,963.9
TATA CHEMICALS LTD16,353.01.7228,108.5
GODREJ INDUSTRIES LTD16,885.51.6527,857.8
AARTI INDUSTRIES LTD6,256.04.1926,212.7
ATUL LTD4,708.73.6917,360.0
VINATI ORGANICS LTD1,830.69.3117,046.8

Chemicals Industry Benchmark (Top 10) PS Analysis vs ELANTAS BECK INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.65x
Max industry PS 12.08x
Median industry PS 5.61x
Average industry PS 6.74x



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