ION EXCHANGE (INDIA)
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The Current P/S Ratio of ION EXCHANGE (INDIA) is 3.59.
Share Price | ₹541.4 | Apr 19,2024 |
Market Cap | ₹7,942.3 Cr | |
Sales-TTM | ₹2,213.5 Cr | TTM-Consolidated Results |
Price/Sales | 3.59x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of ION EXCHANGE (INDIA)
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹7,942.3 Cr] as on Apr 19,2024
(/) Sales [ ₹2,213.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.59x ]
Thus, for ION EXCHANGE (INDIA) , the investors are currently willing to pay '3.59 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 ION EXCHANGE (INDIA) !
The chart below summarizes the trend in P/S Ratio of ION EXCHANGE (INDIA) over the last five years.
Historical PS (Price/Sales) ratio chart of ION EXCHANGE (INDIA)
PS Ratio Performance Analysis for ION EXCHANGE (INDIA)
- ION EXCHANGE (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.25x.
- ION EXCHANGE (INDIA) 's operated at median p/e ratio of 1.28x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ION EXCHANGE (INDIA) 's p/e ratio peaked in Mar2023 at 2.44x.
- ION EXCHANGE (INDIA) 's p/e ratio hit its five-year low in Mar2019 of 0.49x.
How does ION EXCHANGE (INDIA) 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ION EXCHANGE (INDIA) | 2,213.5 | 3.59 | 7,942.3 |
BHARAT ELECTRONICS LTD | 18,183.3 | 9.37 | 170,427.0 |
BHARAT HEAVY ELECTRICALS LTD | 23,859.5 | 3.71 | 88,601.1 |
THERMAX LTD | 8,870.6 | 6.47 | 57,369.0 |
TRIVENI TURBINE LTD | 1,565.7 | 10.88 | 17,041.4 |
KIRLOSKAR OIL ENGINES LTD | 5,622.1 | 2.28 | 12,815.6 |
ELECON ENGINEERING COMPANY LTD | 1,937.4 | 6.76 | 13,089.2 |
PRAJ INDUSTRIES LTD | 3,451.7 | 2.71 | 9,365.3 |
SHRIRAM PISTONS & RINGS LTD | 2,934.8 | 3.07 | 9,002.2 |
KIRLOSKAR BROTHERS LTD | 3,902.0 | 2.44 | 9,521.5 |
TEGA INDUSTRIES LTD | 1,382.1 | 6.94 | 9,595.8 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs ION EXCHANGE (INDIA) 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.28x |
Max industry PS | 10.88x |
Median industry PS | 3.71x |
Average industry PS | 5.29x |
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