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INOX WIND ENERGY
PS (Price/Sales) Ratio

The Current P/S Ratio of INOX WIND ENERGY is 5.94.

Share Price ₹7,001.0Apr 24,2024
Market Cap ₹8,401.2 Cr
Sales-TTM₹1,413.3 CrTTM-Consolidated Results
Price/Sales5.94xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of INOX WIND ENERGY

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 WIND ENERGY is calculated as :

Current Market Cap [ ₹8,401.2 Cr] as on Apr 24,2024

(/) Sales [ ₹1,413.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 5.94x ]

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

Thus, for INOX WIND ENERGY , the investors are currently willing to pay '5.94 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 INOX WIND ENERGY !

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

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


PS Ratio Performance Analysis for INOX WIND ENERGY

- INOX WIND ENERGY 's latest p/e ratio is 5.94x.

- INOX WIND ENERGY 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 1.00x.

- INOX WIND ENERGY 's operated at median p/e ratio of 1.32x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, INOX WIND ENERGY 's p/e ratio peaked in Mar2023 at 1.68x.

- INOX WIND ENERGY 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does INOX WIND ENERGY 's P/S Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Sales (Cr)PS RatioMarket Cap (Cr)
INOX WIND ENERGY 1,413.35.948,401.2
NTPC LTD175,132.01.95340,886.0
ADANI GREEN ENERGY LTD9,305.030.78286,425.0
POWER GRID CORPORATION OF INDIA LTD46,128.75.86270,229.0
ADANI POWER LTD47,229.64.87229,931.0
TATA POWER COMPANY LTD58,056.12.36136,872.0
ADANI ENERGY SOLUTIONS LTD15,258.27.66116,814.0
NHPC LTD9,772.89.2790,636.4
JSW ENERGY LTD11,400.09.22105,067.0
TORRENT POWER LTD26,692.52.7372,813.4
SJVN LTD2,600.219.5950,949.8

Power Generation/Distribution Industry Benchmark (Top 10) PS Analysis vs INOX WIND ENERGY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.95x
Max industry PS 30.78x
Median industry PS 5.94x
Average industry PS 9.11x



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