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EVEREST KANTO CYLINDER
PS (Price/Sales) Ratio

The Current P/S Ratio of EVEREST KANTO CYLINDER is 1.33.

Share Price ₹141.4Apr 19,2024
Market Cap ₹1,585.9 Cr
Sales-TTM₹1,195.0 CrTTM-Consolidated Results
Price/Sales1.33xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of EVEREST KANTO CYLINDER

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 EVEREST KANTO CYLINDER is calculated as :

Current Market Cap [ ₹1,585.9 Cr] as on Apr 19,2024

(/) Sales [ ₹1,195.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.33x ]

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

Thus, for EVEREST KANTO CYLINDER , the investors are currently willing to pay '1.33 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 EVEREST KANTO CYLINDER !

The chart below summarizes the trend in P/S Ratio of EVEREST KANTO CYLINDER over the last five years.

Historical PS (Price/Sales) ratio chart of EVEREST KANTO CYLINDER


PS Ratio Performance Analysis for EVEREST KANTO CYLINDER

- EVEREST KANTO CYLINDER 's latest p/e ratio is 1.33x.

- EVEREST KANTO CYLINDER 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.76x.

- EVEREST KANTO CYLINDER 's operated at median p/e ratio of 0.79x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EVEREST KANTO CYLINDER 's p/e ratio peaked in Mar2022 at 1.48x.

- EVEREST KANTO CYLINDER 's p/e ratio hit its five-year low in Mar2020 of 0.16x.


How does EVEREST KANTO CYLINDER '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)
EVEREST KANTO CYLINDER 1,195.01.331,585.9
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
ELECON ENGINEERING COMPANY LTD1,937.46.7613,089.2
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

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs EVEREST KANTO CYLINDER 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.33x
Max industry PS 10.88x
Median industry PS 3.71x
Average industry PS 5.09x



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