GOODYEAR INDIA
|
The Current P/S Ratio of GOODYEAR INDIA is 1.02.
Share Price | ₹1,173.3 | Apr 23,2024 |
Market Cap | ₹2,710.2 Cr | |
Sales-TTM | ₹2,653.8 Cr | TTM-Standalone Results |
Price/Sales | 1.02x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of GOODYEAR INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹2,710.2 Cr] as on Apr 23,2024
(/) Sales [ ₹2,653.8 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.02x ]
Thus, for GOODYEAR INDIA , the investors are currently willing to pay '1.02 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 GOODYEAR INDIA !
The chart below summarizes the trend in P/S Ratio of GOODYEAR INDIA over the last five years.
Historical PS (Price/Sales) ratio chart of GOODYEAR INDIA
PS Ratio Performance Analysis for GOODYEAR INDIA
- GOODYEAR INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.95x.
- GOODYEAR INDIA 's operated at median p/e ratio of 0.84x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GOODYEAR INDIA 's p/e ratio peaked in Mar2021 at 1.15x.
- GOODYEAR INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.8x.
How does GOODYEAR INDIA 's P/S Ratio benchmark against top 10 peers in Tyres & Allied Industry?
Peer Comparison (Tyres & Allied Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
GOODYEAR INDIA | 2,653.8 | 1.02 | 2,710.2 |
MRF LTD | 24,661.6 | 2.22 | 54,807.5 |
BALKRISHNA INDUSTRIES LTD | 9,004.0 | 5.03 | 45,307.8 |
APOLLO TYRES LTD | 25,366.8 | 1.22 | 30,888.1 |
JK TYRE & INDUSTRIES LTD | 14,935.8 | 0.71 | 10,543.7 |
CEAT LTD | 11,826.5 | 0.86 | 10,228.2 |
TVS SRICHAKRA LTD | 2,843.6 | 1.11 | 3,148.2 |
Tyres & Allied Industry Benchmark (Top 10) PS Analysis vs GOODYEAR INDIA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.71x |
Max industry PS | 5.03x |
Median industry PS | 1.11x |
Average industry PS | 1.74x |
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