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INDIAN RAILWAY FINANCE CORPORATION
PS (Price/Sales) Ratio

The Current P/S Ratio of INDIAN RAILWAY FINANCE CORPORATION is 6.97.

Share Price ₹141.0Apr 19,2024
Market Cap ₹184,265.9 Cr
Sales-TTM₹26,423.9 CrTTM-Standalone Results
Price/Sales6.97xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INDIAN RAILWAY FINANCE CORPORATION

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 INDIAN RAILWAY FINANCE CORPORATION is calculated as :

Current Market Cap [ ₹184,265.9 Cr] as on Apr 19,2024

(/) Sales [ ₹26,423.9 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 6.97x ]

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

Thus, for INDIAN RAILWAY FINANCE CORPORATION , the investors are currently willing to pay '6.97 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 INDIAN RAILWAY FINANCE CORPORATION !

The chart below summarizes the trend in P/S Ratio of INDIAN RAILWAY FINANCE CORPORATION over the last five years.

Historical PS (Price/Sales) ratio chart of INDIAN RAILWAY FINANCE CORPORATION


PS Ratio Performance Analysis for INDIAN RAILWAY FINANCE CORPORATION

- INDIAN RAILWAY FINANCE CORPORATION 's latest p/e ratio is 6.97x.

- INDIAN RAILWAY FINANCE CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.95x.

- INDIAN RAILWAY FINANCE CORPORATION 's operated at median p/e ratio of 1.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDIAN RAILWAY FINANCE CORPORATION 's p/e ratio peaked in Mar2021 at 1.9x.

- INDIAN RAILWAY FINANCE CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does INDIAN RAILWAY FINANCE CORPORATION 's P/S Ratio benchmark against top 10 peers in Finance Term Lending Industry?

Peer Comparison (Finance Term Lending Industry)Sales (Cr)PS RatioMarket Cap (Cr)
INDIAN RAILWAY FINANCE CORPORATION 26,423.96.97184,265.9
POWER FINANCE CORPORATION LTD87,016.21.51131,509.0
REC LTD45,070.62.49112,110.0
IFCI LTD1,794.86.0110,786.3
UJJIVAN FINANCIAL SERVICES LTD5,678.21.186,727.4
MAS FINANCIAL SERVICES LTD1,223.33.864,724.4
SATIN CREDITCARE NETWORK LTD2,032.81.312,667.9
TOURISM FINANCE CORPORATION OF INDIA LTD244.36.641,622.3
GUJARAT STATE FINANCIAL CORPORATION LTD4.156.85232.0

Finance Term Lending Industry Benchmark (Top 10) PS Analysis vs INDIAN RAILWAY FINANCE CORPORATION 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.18x
Max industry PS 56.85x
Median industry PS 3.86x
Average industry PS 9.65x



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