JET AIRWAYS (INDIA)
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The Current P/S Ratio of JET AIRWAYS (INDIA) is 7.34.
Share Price | ₹48.3 | Apr 19,2024 |
Market Cap | ₹548.6 Cr | |
Sales-TTM | ₹74.8 Cr | TTM-Standalone Results |
Price/Sales | 7.34x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of JET AIRWAYS (INDIA)
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹548.6 Cr] as on Apr 19,2024
(/) Sales [ ₹74.8 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 7.34x ]
Thus, for JET AIRWAYS (INDIA) , the investors are currently willing to pay '7.34 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 JET AIRWAYS (INDIA) !
The chart below summarizes the trend in P/S Ratio of JET AIRWAYS (INDIA) over the last five years.
Historical PS (Price/Sales) ratio chart of JET AIRWAYS (INDIA)
PS Ratio Performance Analysis for JET AIRWAYS (INDIA)
- JET AIRWAYS (INDIA) 's p/e ratio for fiscal years ending Mar2020 to Mar2016 averaged 0.29x.
- JET AIRWAYS (INDIA) 's operated at median p/e ratio of 0.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JET AIRWAYS (INDIA) 's p/e ratio peaked in Mar2020 at 0.45x.
- JET AIRWAYS (INDIA) 's p/e ratio hit its five-year low in Mar2019 of 0.13x.
How does JET AIRWAYS (INDIA) 's P/S Ratio benchmark against top 10 peers in Airlines Industry?
Peer Comparison (Airlines Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
JET AIRWAYS (INDIA) | 74.8 | 7.34 | 548.6 |
INTERGLOBE AVIATION LTD | 65,239.7 | 2.11 | 137,362.0 |
SPICEJET LTD | 7,894.4 | 0.61 | 4,852.4 |
TANEJA AEROSPACE & AVIATION LTD | 32.1 | 37.04 | 1,188.8 |
TAAL ENTERPRISES LTD | 184.8 | 4.87 | 899.4 |
GLOBAL VECTRA HELICORP LTD | 462.9 | 0.58 | 269.9 |
Airlines Industry Benchmark (Top 10) PS Analysis vs JET AIRWAYS (INDIA) 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.58x |
Max industry PS | 37.04x |
Median industry PS | 4.87x |
Average industry PS | 8.76x |
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