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GUJARAT STATE PETRONET
PS (Price/Sales) Ratio

The Current P/S Ratio of GUJARAT STATE PETRONET is 1.21.

Share Price ₹377.9Apr 19,2024
Market Cap ₹21,318.3 Cr
Sales-TTM₹17,621.1 CrTTM-Consolidated Results
Price/Sales1.21xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of GUJARAT STATE PETRONET

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 GUJARAT STATE PETRONET is calculated as :

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 ]

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

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 latest p/e ratio is 1.21x.

- 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 RatioMarket Cap (Cr)
GUJARAT STATE PETRONET 17,621.11.2121,318.3
ADANI TOTAL GAS LTD4,755.421.12100,424.0
GUJARAT GAS LTD16,072.92.3437,579.2
INDRAPRASTHA GAS LTD15,572.21.9630,499.0
MAHANAGAR GAS LTD6,914.71.9913,754.3
CONFIDENCE FUTURISTIC ENERGETECH LTD152.21.82277.7

Gas Transmission/Marketing Industry Benchmark (Top 10) PS Analysis vs GUJARAT STATE PETRONET 's P/S Ratio

Top 10 Industry PeersPS 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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