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ENKEI WHEELS (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of ENKEI WHEELS (INDIA) is 1.41.

Share Price ₹562.6Apr 19,2024
Market Cap ₹1,012.6 Cr
Sales-TTM₹716.1 CrTTM-Standalone Results
Price/Sales1.41xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ENKEI WHEELS (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 ENKEI WHEELS (INDIA) is calculated as :

Current Market Cap [ ₹1,012.6 Cr] as on Apr 19,2024

(/) Sales [ ₹716.1 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.41x ]

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

Thus, for ENKEI WHEELS (INDIA) , the investors are currently willing to pay '1.41 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 ENKEI WHEELS (INDIA) !

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

Historical PS (Price/Sales) ratio chart of ENKEI WHEELS (INDIA)


PS Ratio Performance Analysis for ENKEI WHEELS (INDIA)

- ENKEI WHEELS (INDIA) 's latest p/e ratio is 1.41x.

- ENKEI WHEELS (INDIA) 's p/e ratio for fiscal years ending Mar2019 to Dec2019 averaged 1.64x.

- ENKEI WHEELS (INDIA) 's operated at median p/e ratio of 1.57x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ENKEI WHEELS (INDIA) 's p/e ratio peaked in Dec2020 at 1.98x.

- ENKEI WHEELS (INDIA) 's p/e ratio hit its five-year low in Dec2021 of 1.36x.


How does ENKEI WHEELS (INDIA) 's P/S Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ENKEI WHEELS (INDIA) 716.11.411,012.6
BOSCH LTD16,557.15.3087,818.4
SAMVARDHANA MOTHERSON INTERNATIONAL LTD94,110.40.9286,128.3
SONA BLW PRECISION FORGINGS LTD3,044.713.1239,960.6
UNO MINDA LTD13,125.83.1741,598.9
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD3,833.96.7926,047.2
ENDURANCE TECHNOLOGIES LTD9,790.42.6525,896.7
JBM AUTO LTD4,533.54.5620,656.6
TVS HOLDINGS LTD38,397.70.4316,640.3
MINDA CORPORATION LTD4,510.72.149,668.4
CRAFTSMAN AUTOMATION LTD4,326.82.119,116.9

Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs ENKEI WHEELS (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.43x
Max industry PS 13.12x
Median industry PS 2.65x
Average industry PS 3.87x



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