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HIGH ENERGY BATTERIES (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of HIGH ENERGY BATTERIES (INDIA) is 9.15.

Share Price ₹906.1Apr 26,2024
Market Cap ₹815.4 Cr
Sales-TTM₹89.2 CrTTM-Standalone Results
Price/Sales9.15xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of HIGH ENERGY BATTERIES (INDIA)

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 HIGH ENERGY BATTERIES (INDIA) is calculated as :

Current Market Cap [ ₹815.4 Cr] as on Apr 26,2024

(/) Sales [ ₹89.2 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 9.15x ]

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

Thus, for HIGH ENERGY BATTERIES (INDIA) , the investors are currently willing to pay '9.15 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 HIGH ENERGY BATTERIES (INDIA) !

The chart below summarizes the trend in P/S Ratio of HIGH ENERGY BATTERIES (INDIA) over the last five years.

Historical PS (Price/Sales) ratio chart of HIGH ENERGY BATTERIES (INDIA)


PS Ratio Performance Analysis for HIGH ENERGY BATTERIES (INDIA)

- HIGH ENERGY BATTERIES (INDIA) 's latest p/e ratio is 9.15x.

- HIGH ENERGY BATTERIES (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.98x.

- HIGH ENERGY BATTERIES (INDIA) 's operated at median p/e ratio of 1.89x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HIGH ENERGY BATTERIES (INDIA) 's p/e ratio peaked in Mar2022 at 3.42x.

- HIGH ENERGY BATTERIES (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.6x.


How does HIGH ENERGY BATTERIES (INDIA) 's P/S Ratio benchmark against top 10 peers in Batteries Industry?

Peer Comparison (Batteries Industry)Sales (Cr)PS RatioMarket Cap (Cr)
HIGH ENERGY BATTERIES (INDIA) 89.29.15815.4
EXIDE INDUSTRIES LTD16,273.62.4439,678.0
AMARA RAJA ENERGY & MOBILITY LTD11,228.21.8220,379.9
HBL POWER SYSTEMS LTD2,025.97.1014,378.1
EVEREADY INDUSTRIES INDIA LTD1,314.31.982,600.4
INDONATIONAL LTD614.90.88543.3
PANASONIC ENERGY INDIA COMPANY LTD280.71.42397.5

Batteries Industry Benchmark (Top 10) PS Analysis vs HIGH ENERGY BATTERIES (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.88x
Max industry PS 9.15x
Median industry PS 1.98x
Average industry PS 3.54x



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