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ICE MAKE REFRIGERATION
PS (Price/Sales) Ratio

The Current P/S Ratio of ICE MAKE REFRIGERATION is 2.29.

Share Price ₹510.6Apr 15,2024
Market Cap ₹806.7 Cr
Sales-TTM₹352.0 CrTTM-Consolidated Results
Price/Sales2.29xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ICE MAKE REFRIGERATION

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 ICE MAKE REFRIGERATION is calculated as :

Current Market Cap [ ₹806.7 Cr] as on Apr 15,2024

(/) Sales [ ₹352.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.29x ]

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

Thus, for ICE MAKE REFRIGERATION , the investors are currently willing to pay '2.29 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 ICE MAKE REFRIGERATION !

The chart below summarizes the trend in P/S Ratio of ICE MAKE REFRIGERATION over the last five years.

Historical PS (Price/Sales) ratio chart of ICE MAKE REFRIGERATION


PS Ratio Performance Analysis for ICE MAKE REFRIGERATION

- ICE MAKE REFRIGERATION 's latest p/e ratio is 2.29x.

- ICE MAKE REFRIGERATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.84x.

- ICE MAKE REFRIGERATION 's operated at median p/e ratio of 0.78x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ICE MAKE REFRIGERATION 's p/e ratio peaked in Mar2023 at 1.33x.

- ICE MAKE REFRIGERATION 's p/e ratio hit its five-year low in Mar2020 of 0.38x.


How does ICE MAKE REFRIGERATION 's P/S Ratio benchmark against top 10 peers in Electronics - Components Industry?

Peer Comparison (Electronics - Components Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ICE MAKE REFRIGERATION 352.02.29806.7
KAYNES TECHNOLOGY INDIA LTD1,531.910.2515,698.6
SYRMA SGS TECHNOLOGY LTD2,699.33.158,495.7
AVALON TECHNOLOGIES LTD922.23.593,308.6
DCX SYSTEMS LTD1,187.92.953,502.6
APOLLO MICRO SYSTEMS LTD343.08.813,022.4
IKIO LIGHTING LTD458.24.922,252.7
CENTUM ELECTRONICS LTD1,107.01.962,167.5
WEBSOL ENERGY SYSTEM LTD1.12,117.792,393.1
SWELECT ENERGY SYSTEMS LTD325.35.131,668.1
KERNEX MICROSYSTEMS (INDIA) LTD5.0185.89928.7

Electronics - Components Industry Benchmark (Top 10) PS Analysis vs ICE MAKE REFRIGERATION 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.96x
Max industry PS 2,117.79x
Median industry PS 4.92x
Average industry PS 213.34x



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