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INDUSIND BANK
PS (Price/Sales) Ratio

The Current P/S Ratio of INDUSIND BANK is 2.65.

Share Price ₹1,483.2Apr 19,2024
Market Cap ₹115,433.6 Cr
Sales-TTM₹43,570.4 CrTTM-Consolidated Results
Price/Sales2.65xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INDUSIND BANK

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 INDUSIND BANK is calculated as :

Current Market Cap [ ₹115,433.6 Cr] as on Apr 19,2024

(/) Sales [ ₹43,570.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.65x ]

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

Thus, for INDUSIND BANK , the investors are currently willing to pay '2.65 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 INDUSIND BANK !

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

Historical PS (Price/Sales) ratio chart of INDUSIND BANK


PS Ratio Performance Analysis for INDUSIND BANK

- INDUSIND BANK 's latest p/e ratio is 2.65x.

- INDUSIND BANK 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.57x.

- INDUSIND BANK 's operated at median p/e ratio of 2.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDUSIND BANK 's p/e ratio peaked in Mar2019 at 4.82x.

- INDUSIND BANK 's p/e ratio hit its five-year low in Mar2020 of 0.85x.


How does INDUSIND BANK 's P/S Ratio benchmark against top 10 peers in Bank - Private Industry?

Peer Comparison (Bank - Private Industry)Sales (Cr)PS RatioMarket Cap (Cr)
INDUSIND BANK 43,570.42.65115,433.6
HDFC BANK LTD251,764.04.621,163,310.0
ICICI BANK LTD151,348.04.95749,048.0
KOTAK MAHINDRA BANK LTD53,062.16.72356,474.0
AXIS BANK LTD107,158.02.97317,808.0
IDBI BANK LTD25,180.43.5890,255.7
YES BANK LTD26,366.52.6168,870.3
IDFC FIRST BANK LTD28,529.12.0357,853.2
AU SMALL FINANCE BANK LTD10,000.14.5745,671.6
THE FEDERAL BANK LTD22,238.51.6636,976.4
BANDHAN BANK LTD17,948.51.5627,958.4

Bank - Private Industry Benchmark (Top 10) PS Analysis vs INDUSIND BANK 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.56x
Max industry PS 6.72x
Median industry PS 2.97x
Average industry PS 3.45x



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