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HONEYWELL AUTOMATION INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of HONEYWELL AUTOMATION INDIA is 9.94.

Share Price ₹44,699.1Apr 16,2024
Market Cap ₹39,335.2 Cr
Sales-TTM₹3,957.2 CrTTM-Standalone Results
Price/Sales9.94xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of HONEYWELL AUTOMATION 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 HONEYWELL AUTOMATION INDIA is calculated as :

Current Market Cap [ ₹39,335.2 Cr] as on Apr 16,2024

(/) Sales [ ₹3,957.2 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 9.94x ]

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

Thus, for HONEYWELL AUTOMATION INDIA , the investors are currently willing to pay '9.94 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 HONEYWELL AUTOMATION INDIA !

The chart below summarizes the trend in P/S Ratio of HONEYWELL AUTOMATION INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of HONEYWELL AUTOMATION INDIA


PS Ratio Performance Analysis for HONEYWELL AUTOMATION INDIA

- HONEYWELL AUTOMATION INDIA 's latest p/e ratio is 9.94x.

- HONEYWELL AUTOMATION INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.63x.

- HONEYWELL AUTOMATION INDIA 's operated at median p/e ratio of 9.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HONEYWELL AUTOMATION INDIA 's p/e ratio peaked in Mar2021 at 13.78x.

- HONEYWELL AUTOMATION INDIA 's p/e ratio hit its five-year low in Mar2019 of 6.2x.


How does HONEYWELL AUTOMATION INDIA 's P/S Ratio benchmark against top 10 peers in Consumer Durables - Electronics Industry?

Peer Comparison (Consumer Durables - Electronics Industry)Sales (Cr)PS RatioMarket Cap (Cr)
HONEYWELL AUTOMATION INDIA 3,957.29.9439,335.2
DIXON TECHNOLOGIES (INDIA) LTD16,098.42.8145,229.3
WONDER ELECTRICALS LTD457.22.831,294.7
MIRC ELECTRONICS LTD896.20.52464.5

Consumer Durables - Electronics Industry Benchmark (Top 10) PS Analysis vs HONEYWELL AUTOMATION INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.52x
Max industry PS 9.94x
Median industry PS 2.83x
Average industry PS 4.02x



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