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GALAXY BEARINGS
PS (Price/Sales) Ratio

The Current P/S Ratio of GALAXY BEARINGS is 3.47.

Share Price ₹1,424.4Apr 19,2024
Market Cap ₹455.8 Cr
Sales-TTM₹131.2 CrTTM-Standalone Results
Price/Sales3.47xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of GALAXY BEARINGS

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 GALAXY BEARINGS is calculated as :

Current Market Cap [ ₹455.8 Cr] as on Apr 19,2024

(/) Sales [ ₹131.2 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 3.47x ]

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

Thus, for GALAXY BEARINGS , the investors are currently willing to pay '3.47 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 GALAXY BEARINGS !

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

Historical PS (Price/Sales) ratio chart of GALAXY BEARINGS


PS Ratio Performance Analysis for GALAXY BEARINGS

- GALAXY BEARINGS 's latest p/e ratio is 3.47x.

- GALAXY BEARINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.20x.

- GALAXY BEARINGS 's operated at median p/e ratio of 1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GALAXY BEARINGS 's p/e ratio peaked in Mar2023 at 2.43x.

- GALAXY BEARINGS 's p/e ratio hit its five-year low in Mar2019 of 0.55x.


How does GALAXY BEARINGS 's P/S Ratio benchmark against top 10 peers in Bearings Industry?

Peer Comparison (Bearings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
GALAXY BEARINGS 131.23.47455.8
SCHAEFFLER INDIA LTD7,226.17.0851,168.4
TIMKEN INDIA LTD2,814.38.1422,899.2
SKF INDIA LTD4,461.85.0922,701.7
ROLEX RINGS LTD1,204.94.245,103.4
NRB BEARINGS LTD1,121.92.793,128.2
BIMETAL BEARINGS LTD229.61.07245.1
VISHAL BEARINGS LTD105.61.55163.7
SNL BEARINGS LTD47.63.01143.1

Bearings Industry Benchmark (Top 10) PS Analysis vs GALAXY BEARINGS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.07x
Max industry PS 8.14x
Median industry PS 3.47x
Average industry PS 4.05x



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