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INDRAPRASTHA GAS
PS (Price/Sales) Ratio

The Current P/S Ratio of INDRAPRASTHA GAS is 1.94.

Share Price ₹431.0Mar 28,2024
Market Cap ₹30,166.5 Cr
Sales-TTM₹15,572.2 CrTTM-Consolidated Results
Price/Sales1.94xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INDRAPRASTHA GAS

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 INDRAPRASTHA GAS is calculated as :

Current Market Cap [ ₹30,166.5 Cr] as on Mar 28,2024

(/) Sales [ ₹15,572.2 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.94x ]

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

Thus, for INDRAPRASTHA GAS , the investors are currently willing to pay '1.94 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 INDRAPRASTHA GAS !

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

Historical PS (Price/Sales) ratio chart of INDRAPRASTHA GAS


PS Ratio Performance Analysis for INDRAPRASTHA GAS

- INDRAPRASTHA GAS 's latest p/e ratio is 1.94x.

- INDRAPRASTHA GAS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.13x.

- INDRAPRASTHA GAS 's operated at median p/e ratio of 3.7x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDRAPRASTHA GAS 's p/e ratio peaked in Mar2021 at 7.24x.

- INDRAPRASTHA GAS 's p/e ratio hit its five-year low in Mar2023 of 2.12x.


How does INDRAPRASTHA GAS 's P/S Ratio benchmark against top 10 peers in Gas Transmission/Marketing Industry?

Peer Comparison (Gas Transmission/Marketing Industry)Sales (Cr)PS RatioMarket Cap (Cr)
INDRAPRASTHA GAS 15,572.21.9430,166.5
ADANI TOTAL GAS LTD4,755.421.40101,782.0
GUJARAT GAS LTD16,072.92.3337,465.6
GUJARAT STATE PETRONET LTD17,621.11.1420,097.2
MAHANAGAR GAS LTD6,914.71.9513,468.3
CONFIDENCE FUTURISTIC ENERGETECH LTD152.21.74264.2

Gas Transmission/Marketing Industry Benchmark (Top 10) PS Analysis vs INDRAPRASTHA GAS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.14x
Max industry PS 21.40x
Median industry PS 1.95x
Average industry PS 5.08x



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