GUJARAT STATE PETRONET
|
The Current P/S Ratio of GUJARAT STATE PETRONET is 1.21.
Share Price | ₹377.9 | Apr 19,2024 |
Market Cap | ₹21,318.3 Cr | |
Sales-TTM | ₹17,621.1 Cr | TTM-Consolidated Results |
Price/Sales | 1.21x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of GUJARAT STATE PETRONET
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹21,318.3 Cr] as on Apr 19,2024
(/) Sales [ ₹17,621.1 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.21x ]
Thus, for GUJARAT STATE PETRONET , the investors are currently willing to pay '1.21 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 STATE PETRONET !
The chart below summarizes the trend in P/S Ratio of GUJARAT STATE PETRONET over the last five years.
Historical PS (Price/Sales) ratio chart of GUJARAT STATE PETRONET
PS Ratio Performance Analysis for GUJARAT STATE PETRONET
- GUJARAT STATE PETRONET 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.98x.
- GUJARAT STATE PETRONET 's operated at median p/e ratio of 0.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GUJARAT STATE PETRONET 's p/e ratio peaked in Mar2021 at 1.34x.
- GUJARAT STATE PETRONET 's p/e ratio hit its five-year low in Mar2020 of 0.8x.
How does GUJARAT STATE PETRONET '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 STATE PETRONET | 17,621.1 | 1.21 | 21,318.3 |
ADANI TOTAL GAS LTD | 4,755.4 | 21.12 | 100,424.0 |
GUJARAT GAS LTD | 16,072.9 | 2.34 | 37,579.2 |
INDRAPRASTHA GAS LTD | 15,572.2 | 1.96 | 30,499.0 |
MAHANAGAR GAS LTD | 6,914.7 | 1.99 | 13,754.3 |
CONFIDENCE FUTURISTIC ENERGETECH LTD | 152.2 | 1.82 | 277.7 |
Gas Transmission/Marketing Industry Benchmark (Top 10) PS Analysis vs GUJARAT STATE PETRONET 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.21x |
Max industry PS | 21.12x |
Median industry PS | 1.99x |
Average industry PS | 5.07x |
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