INDRAPRASTHA GAS
|
The Current P/S Ratio of INDRAPRASTHA GAS is 1.94.
Share Price | ₹431.0 | Mar 28,2024 |
Market Cap | ₹30,166.5 Cr | |
Sales-TTM | ₹15,572.2 Cr | TTM-Consolidated Results |
Price/Sales | 1.94x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of INDRAPRASTHA GAS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
INDRAPRASTHA GAS | 15,572.2 | 1.94 | 30,166.5 |
ADANI TOTAL GAS LTD | 4,755.4 | 21.40 | 101,782.0 |
GUJARAT GAS LTD | 16,072.9 | 2.33 | 37,465.6 |
GUJARAT STATE PETRONET LTD | 17,621.1 | 1.14 | 20,097.2 |
MAHANAGAR GAS LTD | 6,914.7 | 1.95 | 13,468.3 |
CONFIDENCE FUTURISTIC ENERGETECH LTD | 152.2 | 1.74 | 264.2 |
Gas Transmission/Marketing Industry Benchmark (Top 10) PS Analysis vs INDRAPRASTHA GAS 's P/S Ratio
Top 10 Industry Peers | PS 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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