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HALDYN GLASS
PS (Price/Sales) Ratio

The Current P/S Ratio of HALDYN GLASS is 3.05.

Share Price ₹163.3Apr 19,2024
Market Cap ₹878.6 Cr
Sales-TTM₹288.4 CrTTM-Consolidated Results
Price/Sales3.05xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of HALDYN GLASS

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 HALDYN GLASS is calculated as :

Current Market Cap [ ₹878.6 Cr] as on Apr 19,2024

(/) Sales [ ₹288.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.05x ]

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

Thus, for HALDYN GLASS , the investors are currently willing to pay '3.05 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 HALDYN GLASS !

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

Historical PS (Price/Sales) ratio chart of HALDYN GLASS


PS Ratio Performance Analysis for HALDYN GLASS

- HALDYN GLASS 's latest p/e ratio is 3.05x.

- HALDYN GLASS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.88x.

- HALDYN GLASS 's operated at median p/e ratio of 0.96x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HALDYN GLASS 's p/e ratio peaked in Mar2022 at 1.08x.

- HALDYN GLASS 's p/e ratio hit its five-year low in Mar2020 of 0.44x.


How does HALDYN GLASS 's P/S Ratio benchmark against top 10 peers in Glass Industry?

Peer Comparison (Glass Industry)Sales (Cr)PS RatioMarket Cap (Cr)
HALDYN GLASS 288.43.05878.6
ASAHI INDIA GLASS LTD4,324.13.2413,997.1
BOROSIL RENEWABLES LTD1,395.24.826,723.4
LA OPALA RG LTD391.59.133,573.7
EMPIRE INDUSTRIES LTD631.61.01640.5
SEJAL GLASS LTD126.23.06386.1
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD2,592.00.08197.3

Glass Industry Benchmark (Top 10) PS Analysis vs HALDYN GLASS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.08x
Max industry PS 9.13x
Median industry PS 3.06x
Average industry PS 3.48x



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