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FINOLEX CABLES
PS (Price/Sales) Ratio

The Current P/S Ratio of FINOLEX CABLES is 3.06.

Share Price ₹969.5Apr 19,2024
Market Cap ₹14,823.7 Cr
Sales-TTM₹4,837.7 CrTTM-Consolidated Results
Price/Sales3.06xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of FINOLEX CABLES

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 FINOLEX CABLES is calculated as :

Current Market Cap [ ₹14,823.7 Cr] as on Apr 19,2024

(/) Sales [ ₹4,837.7 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.06x ]

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

Thus, for FINOLEX CABLES , the investors are currently willing to pay '3.06 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 FINOLEX CABLES !

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

Historical PS (Price/Sales) ratio chart of FINOLEX CABLES


PS Ratio Performance Analysis for FINOLEX CABLES

- FINOLEX CABLES 's latest p/e ratio is 3.06x.

- FINOLEX CABLES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.97x.

- FINOLEX CABLES 's operated at median p/e ratio of 2.1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, FINOLEX CABLES 's p/e ratio peaked in Mar2023 at 2.77x.

- FINOLEX CABLES 's p/e ratio hit its five-year low in Mar2020 of 1.08x.


How does FINOLEX CABLES 's P/S Ratio benchmark against top 10 peers in Cable Industry?

Peer Comparison (Cable Industry)Sales (Cr)PS RatioMarket Cap (Cr)
FINOLEX CABLES 4,837.73.0614,823.7
POLYCAB INDIA LTD16,771.24.7479,518.0
KEI INDUSTRIES LTD7,745.44.3833,941.6
RR KABEL LTD6,090.02.9517,949.5
STERLITE TECHNOLOGIES LTD6,210.00.996,160.5
PRECISION WIRES INDIA LTD3,236.60.692,218.0
PARAMOUNT COMMUNICATIONS LTD949.32.512,385.3
UNIVERSAL CABLES LTD2,023.20.921,855.2
DYNAMIC CABLES LTD705.61.40987.2
BIRLA CABLE LTD756.11.03777.5
DELTON CABLES LTD349.60.88307.1

Cable Industry Benchmark (Top 10) PS Analysis vs FINOLEX CABLES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.69x
Max industry PS 4.74x
Median industry PS 1.40x
Average industry PS 2.14x



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