GUJARAT GAS
|
The Current P/S Ratio of GUJARAT GAS is 2.36.
Share Price | ₹551.7 | Apr 26,2024 |
Market Cap | ₹37,975.6 Cr | |
Sales-TTM | ₹16,072.9 Cr | TTM-Consolidated Results |
Price/Sales | 2.36x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of GUJARAT GAS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹37,975.6 Cr] as on Apr 26,2024
(/) Sales [ ₹16,072.9 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.36x ]
Thus, for GUJARAT GAS , the investors are currently willing to pay '2.36 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 GUJARAT GAS !
The chart below summarizes the trend in P/S Ratio of GUJARAT GAS over the last five years.
Historical PS (Price/Sales) ratio chart of GUJARAT GAS
PS Ratio Performance Analysis for GUJARAT GAS
- GUJARAT GAS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.14x.
- GUJARAT GAS 's operated at median p/e ratio of 1.89x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GUJARAT GAS 's p/e ratio peaked in Mar2021 at 3.84x.
- GUJARAT GAS 's p/e ratio hit its five-year low in Mar2019 of 1.32x.
How does GUJARAT GAS 's P/S Ratio benchmark against top 10 peers in Gas Transmission/Marketing Industry?
Peer Comparison (Gas Transmission/Marketing Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
GUJARAT GAS | 16,072.9 | 2.36 | 37,975.6 |
ADANI TOTAL GAS LTD | 4,755.4 | 21.26 | 101,078.0 |
INDRAPRASTHA GAS LTD | 15,572.2 | 2.07 | 32,158.0 |
GUJARAT STATE PETRONET LTD | 17,621.1 | 0.94 | 16,579.3 |
MAHANAGAR GAS LTD | 6,914.7 | 2.09 | 14,429.0 |
CONFIDENCE FUTURISTIC ENERGETECH LTD | 152.2 | 1.80 | 273.8 |
Gas Transmission/Marketing Industry Benchmark (Top 10) PS Analysis vs GUJARAT GAS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.94x |
Max industry PS | 21.26x |
Median industry PS | 2.09x |
Average industry PS | 5.08x |
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