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HESTER BIOSCIENCES
PS (Price/Sales) Ratio

The Current P/S Ratio of HESTER BIOSCIENCES is 4.92.

Share Price ₹1,693.1May 03,2024
Market Cap ₹1,439.1 Cr
Sales-TTM₹292.6 CrTTM-Consolidated Results
Price/Sales4.92xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of HESTER BIOSCIENCES

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 HESTER BIOSCIENCES is calculated as :

Current Market Cap [ ₹1,439.1 Cr] as on May 03,2024

(/) Sales [ ₹292.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 4.92x ]

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

Thus, for HESTER BIOSCIENCES , the investors are currently willing to pay '4.92 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 HESTER BIOSCIENCES !

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

Historical PS (Price/Sales) ratio chart of HESTER BIOSCIENCES


PS Ratio Performance Analysis for HESTER BIOSCIENCES

- HESTER BIOSCIENCES 's latest p/e ratio is 4.92x.

- HESTER BIOSCIENCES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.79x.

- HESTER BIOSCIENCES 's operated at median p/e ratio of 7.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HESTER BIOSCIENCES 's p/e ratio peaked in Mar2022 at 9.83x.

- HESTER BIOSCIENCES 's p/e ratio hit its five-year low in Mar2020 of 4.29x.


How does HESTER BIOSCIENCES 's P/S Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Sales (Cr)PS RatioMarket Cap (Cr)
HESTER BIOSCIENCES 292.64.921,439.1
SUN PHARMACEUTICAL INDUSTRIES LTD47,444.67.63361,916.0
CIPLA LTD25,350.24.54115,034.0
DR REDDYS LABORATORIES LTD27,212.53.89105,929.0
ZYDUS LIFESCIENCES LTD19,024.25.27100,322.0
DIVIS LABORATORIES LTD7,492.814.00104,873.0
MANKIND PHARMA LTD9,946.39.3292,708.2
TORRENT PHARMACEUTICALS LTD10,474.08.8392,483.6
LUPIN LTD19,480.13.8775,438.0
AUROBINDO PHARMA LTD27,894.72.4267,541.1
ABBOTT INDIA LTD5,753.49.6655,555.1

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PS Analysis vs HESTER BIOSCIENCES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.42x
Max industry PS 14.00x
Median industry PS 5.27x
Average industry PS 6.76x



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