EMPIRE INDUSTRIES
|
The Current P/S Ratio of EMPIRE INDUSTRIES is 1.03.
Share Price | ₹1,087.5 | Apr 26,2024 |
Market Cap | ₹652.5 Cr | |
Sales-TTM | ₹631.6 Cr | TTM-Standalone Results |
Price/Sales | 1.03x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of EMPIRE INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹652.5 Cr] as on Apr 26,2024
(/) Sales [ ₹631.6 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.03x ]
Thus, for EMPIRE INDUSTRIES , the investors are currently willing to pay '1.03 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 EMPIRE INDUSTRIES !
The chart below summarizes the trend in P/S Ratio of EMPIRE INDUSTRIES over the last five years.
Historical PS (Price/Sales) ratio chart of EMPIRE INDUSTRIES
PS Ratio Performance Analysis for EMPIRE INDUSTRIES
- EMPIRE INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.71x.
- EMPIRE INDUSTRIES 's operated at median p/e ratio of 0.66x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, EMPIRE INDUSTRIES 's p/e ratio peaked in Mar2019 at 1.04x.
- EMPIRE INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0.53x.
How does EMPIRE INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Glass Industry?
Peer Comparison (Glass Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
EMPIRE INDUSTRIES | 631.6 | 1.03 | 652.5 |
ASAHI INDIA GLASS LTD | 4,324.1 | 3.41 | 14,760.4 |
BOROSIL RENEWABLES LTD | 1,395.2 | 4.88 | 6,810.8 |
LA OPALA RG LTD | 391.5 | 9.28 | 3,631.4 |
HALDYN GLASS LTD | 288.4 | 2.94 | 847.7 |
SEJAL GLASS LTD | 164.0 | 2.10 | 344.7 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | 2,592.0 | 0.07 | 187.4 |
Glass Industry Benchmark (Top 10) PS Analysis vs EMPIRE INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.07x |
Max industry PS | 9.28x |
Median industry PS | 2.94x |
Average industry PS | 3.39x |
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