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ELECON ENGINEERING COMPANY
PS (Price/Sales) Ratio

The Current P/S Ratio of ELECON ENGINEERING COMPANY is 6.76.

Share Price ₹1,166.6Apr 19,2024
Market Cap ₹13,089.3 Cr
Sales-TTM₹1,937.4 CrTTM-Consolidated Results
Price/Sales6.76xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ELECON ENGINEERING COMPANY

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 ELECON ENGINEERING COMPANY is calculated as :

Current Market Cap [ ₹13,089.3 Cr] as on Apr 19,2024

(/) Sales [ ₹1,937.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 6.76x ]

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

Thus, for ELECON ENGINEERING COMPANY , the investors are currently willing to pay '6.76 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 ELECON ENGINEERING COMPANY !

The chart below summarizes the trend in P/S Ratio of ELECON ENGINEERING COMPANY over the last five years.

Historical PS (Price/Sales) ratio chart of ELECON ENGINEERING COMPANY


PS Ratio Performance Analysis for ELECON ENGINEERING COMPANY

- ELECON ENGINEERING COMPANY 's latest p/e ratio is 6.76x.

- ELECON ENGINEERING COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.12x.

- ELECON ENGINEERING COMPANY 's operated at median p/e ratio of 0.68x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ELECON ENGINEERING COMPANY 's p/e ratio peaked in Mar2023 at 2.8x.

- ELECON ENGINEERING COMPANY 's p/e ratio hit its five-year low in Mar2020 of 0.2x.


How does ELECON ENGINEERING COMPANY '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)
ELECON ENGINEERING COMPANY 1,937.46.7613,089.3
BHARAT ELECTRONICS LTD18,183.39.37170,427.0
BHARAT HEAVY ELECTRICALS LTD23,859.53.7188,601.1
THERMAX LTD8,870.66.4757,369.0
TRIVENI TURBINE LTD1,565.710.8817,041.4
KIRLOSKAR OIL ENGINES LTD5,622.12.2812,815.6
PRAJ INDUSTRIES LTD3,451.72.719,365.3
SHRIRAM PISTONS & RINGS LTD2,934.83.079,002.2
KIRLOSKAR BROTHERS LTD3,902.02.449,521.5
TEGA INDUSTRIES LTD1,382.16.949,595.8
ION EXCHANGE (INDIA) LTD2,213.53.597,940.5

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

Top 10 Industry PeersPS Ratio
Min industry PS 2.28x
Max industry PS 10.88x
Median industry PS 3.71x
Average industry PS 5.29x



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