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GRINDWELL NORTON
PS (Price/Sales) Ratio

The Current P/S Ratio of GRINDWELL NORTON is 8.48.

Share Price ₹2,039.1Apr 19,2024
Market Cap ₹22,572.8 Cr
Sales-TTM₹2,660.5 CrTTM-Consolidated Results
Price/Sales8.48xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of GRINDWELL NORTON

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 GRINDWELL NORTON is calculated as :

Current Market Cap [ ₹22,572.8 Cr] as on Apr 19,2024

(/) Sales [ ₹2,660.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 8.48x ]

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

Thus, for GRINDWELL NORTON , the investors are currently willing to pay '8.48 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 GRINDWELL NORTON !

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

Historical PS (Price/Sales) ratio chart of GRINDWELL NORTON


PS Ratio Performance Analysis for GRINDWELL NORTON

- GRINDWELL NORTON 's latest p/e ratio is 8.48x.

- GRINDWELL NORTON 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.37x.

- GRINDWELL NORTON 's operated at median p/e ratio of 6.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GRINDWELL NORTON 's p/e ratio peaked in Mar2022 at 9.9x.

- GRINDWELL NORTON 's p/e ratio hit its five-year low in Mar2020 of 3.22x.


How does GRINDWELL NORTON 's P/S Ratio benchmark against top 10 peers in Abrasives Industry?

Peer Comparison (Abrasives Industry)Sales (Cr)PS RatioMarket Cap (Cr)
GRINDWELL NORTON 2,660.58.4822,572.8
CARBORUNDUM UNIVERSAL LTD4,700.65.0623,780.3
WENDT (INDIA) LTD215.710.752,319.3

Abrasives Industry Benchmark (Top 10) PS Analysis vs GRINDWELL NORTON 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 5.06x
Max industry PS 10.75x
Median industry PS 8.48x
Average industry PS 8.10x



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