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INOX GREEN ENERGY SERVICES
PS (Price/Sales) Ratio

The Current P/S Ratio of INOX GREEN ENERGY SERVICES is 19.25.

Share Price ₹150.8Apr 26,2024
Market Cap ₹4,427.5 Cr
Sales-TTM₹230.1 CrTTM-Consolidated Results
Price/Sales19.25xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INOX GREEN ENERGY SERVICES

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 INOX GREEN ENERGY SERVICES is calculated as :

Current Market Cap [ ₹4,427.5 Cr] as on Apr 26,2024

(/) Sales [ ₹230.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 19.25x ]

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

Thus, for INOX GREEN ENERGY SERVICES , the investors are currently willing to pay '19.25 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 INOX GREEN ENERGY SERVICES !

The chart below summarizes the trend in P/S Ratio of INOX GREEN ENERGY SERVICES over the last five years.

Historical PS (Price/Sales) ratio chart of INOX GREEN ENERGY SERVICES


PS Ratio Performance Analysis for INOX GREEN ENERGY SERVICES

- INOX GREEN ENERGY SERVICES 's latest p/e ratio is 19.25x.

- INOX GREEN ENERGY SERVICES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.90x.

- INOX GREEN ENERGY SERVICES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INOX GREEN ENERGY SERVICES 's p/e ratio peaked in Mar2023 at 4.52x.

- INOX GREEN ENERGY SERVICES 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does INOX GREEN ENERGY SERVICES 's P/S Ratio benchmark against top 10 peers in Engineering Industry?

Peer Comparison (Engineering Industry)Sales (Cr)PS RatioMarket Cap (Cr)
INOX GREEN ENERGY SERVICES 230.119.254,427.5
RITES LTD2,496.46.6916,697.4
ENGINEERS INDIA LTD3,355.83.9713,312.0
MTAR TECHNOLOGIES LTD634.29.145,795.1
KENNAMETAL INDIA LTD1,063.75.195,519.2
THEJO ENGINEERING LTD540.66.363,436.0
DIVGI TORQTRANSFER SYSTEMS LTD261.79.742,548.8
PITTI ENGINEERING LTD1,121.22.452,751.0
DEEP INDUSTRIES LTD410.84.531,859.5
LOKESH MACHINES LTD280.22.97832.7
PRITIKA AUTO INDUSTRIES LTD347.41.40485.2

Engineering Industry Benchmark (Top 10) PS Analysis vs INOX GREEN ENERGY SERVICES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.40x
Max industry PS 19.25x
Median industry PS 5.19x
Average industry PS 6.52x



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