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ELGI EQUIPMENTS
PS (Price/Sales) Ratio

The Current P/S Ratio of ELGI EQUIPMENTS is 6.14.

Share Price ₹617.4Apr 24,2024
Market Cap ₹19,565.4 Cr
Sales-TTM₹3,187.6 CrTTM-Consolidated Results
Price/Sales6.14xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ELGI EQUIPMENTS

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 ELGI EQUIPMENTS is calculated as :

Current Market Cap [ ₹19,565.4 Cr] as on Apr 24,2024

(/) Sales [ ₹3,187.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 6.14x ]

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

Thus, for ELGI EQUIPMENTS , the investors are currently willing to pay '6.14 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 ELGI EQUIPMENTS !

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

Historical PS (Price/Sales) ratio chart of ELGI EQUIPMENTS


PS Ratio Performance Analysis for ELGI EQUIPMENTS

- ELGI EQUIPMENTS 's latest p/e ratio is 6.14x.

- ELGI EQUIPMENTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.85x.

- ELGI EQUIPMENTS 's operated at median p/e ratio of 3.13x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ELGI EQUIPMENTS 's p/e ratio peaked in Mar2023 at 4.58x.

- ELGI EQUIPMENTS 's p/e ratio hit its five-year low in Mar2020 of 0.97x.


How does ELGI EQUIPMENTS 's P/S Ratio benchmark against top 10 peers in Compressors / Pumps Industry?

Peer Comparison (Compressors / Pumps Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ELGI EQUIPMENTS 3,187.66.1419,565.4
KSB LTD2,247.27.2416,271.6
INGERSOLLRAND (INDIA) LTD1,214.510.1112,276.6
DYNAMATIC TECHNOLOGIES LTD1,426.83.875,520.3
KIRLOSKAR PNEUMATIC COMPANY LTD1,192.24.325,154.3
WPIL LTD1,710.62.083,554.5
SHAKTI PUMPS (INDIA) LTD944.13.733,521.3
ROTO PUMPS LTD264.55.051,335.8

Compressors / Pumps Industry Benchmark (Top 10) PS Analysis vs ELGI EQUIPMENTS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.08x
Max industry PS 10.11x
Median industry PS 5.05x
Average industry PS 5.32x



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