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HLE GLASCOAT
PS (Price/Sales) Ratio

The Current P/S Ratio of HLE GLASCOAT is 3.08.

Share Price ₹432.6May 14,2024
Market Cap ₹2,954.3 Cr
Sales-TTM₹959.2 CrTTM-Consolidated Results
Price/Sales3.08xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of HLE GLASCOAT

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 HLE GLASCOAT is calculated as :

Current Market Cap [ ₹2,954.3 Cr] as on May 14,2024

(/) Sales [ ₹959.2 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.08x ]

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

Thus, for HLE GLASCOAT , the investors are currently willing to pay '3.08 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 HLE GLASCOAT !

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

Historical PS (Price/Sales) ratio chart of HLE GLASCOAT


PS Ratio Performance Analysis for HLE GLASCOAT

- HLE GLASCOAT 's latest p/e ratio is 3.08x.

- HLE GLASCOAT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.60x.

- HLE GLASCOAT 's operated at median p/e ratio of 3.69x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HLE GLASCOAT 's p/e ratio peaked in Mar2022 at 11.39x.

- HLE GLASCOAT 's p/e ratio hit its five-year low in Mar2019 of 0.32x.


How does HLE GLASCOAT '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)
HLE GLASCOAT 959.23.082,954.3
BHARAT ELECTRONICS LTD18,183.39.28168,783.0
BHARAT HEAVY ELECTRICALS LTD23,859.54.21100,336.0
THERMAX LTD9,323.56.0055,913.5
TRIVENI TURBINE LTD1,565.711.2717,645.3
KIRLOSKAR OIL ENGINES LTD5,898.32.8016,523.9
ELECON ENGINEERING COMPANY LTD1,937.46.3512,295.4
PRAJ INDUSTRIES LTD3,451.72.699,270.6
SHRIRAM PISTONS & RINGS LTD2,934.83.048,929.8
KIRLOSKAR BROTHERS LTD3,902.03.1112,135.3
TEGA INDUSTRIES LTD1,382.17.3810,205.9

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs HLE GLASCOAT 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.69x
Max industry PS 11.27x
Median industry PS 4.21x
Average industry PS 5.38x



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