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JET AIRWAYS (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of JET AIRWAYS (INDIA) is 7.20.

Share Price ₹47.4May 03,2024
Market Cap ₹538.0 Cr
Sales-TTM₹74.8 CrTTM-Standalone Results
Price/Sales7.20xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of JET AIRWAYS (INDIA)

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 JET AIRWAYS (INDIA) is calculated as :

Current Market Cap [ ₹538.0 Cr] as on May 03,2024

(/) Sales [ ₹74.8 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 7.20x ]

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

Thus, for JET AIRWAYS (INDIA) , the investors are currently willing to pay '7.20 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 latest p/e ratio is 7.20x.

- 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 RatioMarket Cap (Cr)
JET AIRWAYS (INDIA) 74.87.20538.0
INTERGLOBE AVIATION LTD65,239.72.38155,131.0
SPICEJET LTD7,894.40.614,821.9
TANEJA AEROSPACE & AVIATION LTD32.136.671,176.7
TAAL ENTERPRISES LTD184.84.65859.9
GLOBAL VECTRA HELICORP LTD462.90.64296.5

Airlines Industry Benchmark (Top 10) PS Analysis vs JET AIRWAYS (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.61x
Max industry PS 36.67x
Median industry PS 4.65x
Average industry PS 8.69x



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