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HARSHA ENGINEERS INTERNATIONAL
PS (Price/Sales) Ratio

The Current P/S Ratio of HARSHA ENGINEERS INTERNATIONAL is 2.92.

Share Price ₹446.7May 18,2024
Market Cap ₹4,064.5 Cr
Sales-TTM₹1,392.3 CrTTM-Consolidated Results
Price/Sales2.92xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of HARSHA ENGINEERS INTERNATIONAL

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 HARSHA ENGINEERS INTERNATIONAL is calculated as :

Current Market Cap [ ₹4,064.5 Cr] as on May 18,2024

(/) Sales [ ₹1,392.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.92x ]

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

Thus, for HARSHA ENGINEERS INTERNATIONAL , the investors are currently willing to pay '2.92 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 HARSHA ENGINEERS INTERNATIONAL !

The chart below summarizes the trend in P/S Ratio of HARSHA ENGINEERS INTERNATIONAL over the last five years.

Historical PS (Price/Sales) ratio chart of HARSHA ENGINEERS INTERNATIONAL


PS Ratio Performance Analysis for HARSHA ENGINEERS INTERNATIONAL

- HARSHA ENGINEERS INTERNATIONAL 's latest p/e ratio is 2.92x.

- HARSHA ENGINEERS INTERNATIONAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.45x.

- HARSHA ENGINEERS INTERNATIONAL 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HARSHA ENGINEERS INTERNATIONAL 's p/e ratio peaked in Mar2023 at 2.24x.

- HARSHA ENGINEERS INTERNATIONAL 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does HARSHA ENGINEERS INTERNATIONAL 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
HARSHA ENGINEERS INTERNATIONAL 1,392.32.924,064.5
BHARAT ELECTRONICS LTD18,183.310.41189,214.0
BHARAT HEAVY ELECTRICALS LTD23,859.54.52107,961.0
THERMAX LTD9,323.56.3659,319.0
TRIVENI TURBINE LTD1,653.912.2620,285.3
KIRLOSKAR OIL ENGINES LTD5,898.33.1718,688.0
ELECON ENGINEERING COMPANY LTD1,937.46.6212,831.8
PRAJ INDUSTRIES LTD3,451.72.789,584.0
SHRIRAM PISTONS & RINGS LTD3,089.32.959,108.4
KIRLOSKAR BROTHERS LTD4,001.23.6614,645.4
TEGA INDUSTRIES LTD1,382.17.5010,370.5

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs HARSHA ENGINEERS INTERNATIONAL 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.78x
Max industry PS 12.26x
Median industry PS 4.52x
Average industry PS 5.74x



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