Home > PS Ratio > HIND RECTIFIERS

HIND RECTIFIERS
PS (Price/Sales) Ratio

The Current P/S Ratio of HIND RECTIFIERS is 2.14.

Share Price ₹599.1Apr 15,2024
Market Cap ₹1,024.4 Cr
Sales-TTM₹477.8 CrTTM-Standalone Results
Price/Sales2.14xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for HIND RECTIFIERS
Please provide your vote to see the results

Definition & Calculation of PS (Price/Sales) ratio of HIND RECTIFIERS

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 HIND RECTIFIERS is calculated as :

Current Market Cap [ ₹1,024.4 Cr] as on Apr 15,2024

(/) Sales [ ₹477.8 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.14x ]

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

Thus, for HIND RECTIFIERS , the investors are currently willing to pay '2.14 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 HIND RECTIFIERS !

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

Historical PS (Price/Sales) ratio chart of HIND RECTIFIERS


PS Ratio Performance Analysis for HIND RECTIFIERS

- HIND RECTIFIERS 's latest p/e ratio is 2.14x.

- HIND RECTIFIERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.76x.

- HIND RECTIFIERS 's operated at median p/e ratio of 0.74x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HIND RECTIFIERS 's p/e ratio peaked in Mar2023 at 0.93x.

- HIND RECTIFIERS 's p/e ratio hit its five-year low in Mar2021 of 0.65x.


How does HIND RECTIFIERS 's P/S Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Sales (Cr)PS RatioMarket Cap (Cr)
HIND RECTIFIERS 477.82.141,024.4
SIEMENS LTD20,363.99.52193,907.0
ABB INDIA LTD10,446.513.31139,011.0
HAVELLS INDIA LTD18,007.25.2293,981.8
CG POWER AND INDUSTRIAL SOLUTIONS LTD7,757.19.7375,511.4
SUZLON ENERGY LTD6,027.09.1955,390.0
HITACHI ENERGY INDIA LTD4,876.26.2630,513.3
APAR INDUSTRIES LTD15,800.71.7728,043.1
GE T&D INDIA LTD2,957.47.8223,124.8
INOX WIND LTD1,415.612.5017,690.8
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD2,145.48.4318,084.6

Electric Equipment Industry Benchmark (Top 10) PS Analysis vs HIND RECTIFIERS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.77x
Max industry PS 13.31x
Median industry PS 8.43x
Average industry PS 7.81x



You may also like the below Video Courses