HEG
|
The Current P/S Ratio of HEG is 3.78.
Share Price | ₹2,410.7 | May 06,2024 |
Market Cap | ₹9,305.1 Cr | |
Sales-TTM | ₹2,464.9 Cr | TTM-Consolidated Results |
Price/Sales | 3.78x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of HEG
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹9,305.1 Cr] as on May 06,2024
(/) Sales [ ₹2,464.9 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.78x ]
Thus, for HEG , the investors are currently willing to pay '3.78 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 HEG !
The chart below summarizes the trend in P/S Ratio of HEG over the last five years.
Historical PS (Price/Sales) ratio chart of HEG
PS Ratio Performance Analysis for HEG
- HEG 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.09x.
- HEG 's operated at median p/e ratio of 1.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HEG 's p/e ratio peaked in Mar2021 at 4.5x.
- HEG 's p/e ratio hit its five-year low in Mar2020 of 0.87x.
How does HEG 's P/S Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?
Peer Comparison (Electrodes & Welding Equipment Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
HEG | 2,464.9 | 3.78 | 9,305.1 |
GRAPHITE INDIA LTD | 3,045.0 | 4.16 | 12,672.1 |
ESAB INDIA LTD | 1,204.5 | 6.81 | 8,199.9 |
ADOR WELDING LTD | 883.8 | 2.06 | 1,821.1 |
DE NORA INDIA LTD | 73.8 | 11.12 | 820.8 |
ADOR FONTECH LTD | 210.1 | 2.50 | 526.1 |
GEE LTD | 376.8 | 0.84 | 315.8 |
PANASONIC CARBON INDIA COMPANY LTD | 46.9 | 5.10 | 239.1 |
Electrodes & Welding Equipment Industry Benchmark (Top 10) PS Analysis vs HEG 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.84x |
Max industry PS | 11.12x |
Median industry PS | 4.16x |
Average industry PS | 4.55x |
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