JK CEMENT
|
The Current P/S Ratio of JK CEMENT is 2.81.
Share Price | ₹4,076.9 | Mar 28,2024 |
Market Cap | ₹31,514.1 Cr | |
Sales-TTM | ₹11,228.1 Cr | TTM-Consolidated Results |
Price/Sales | 2.81x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of JK CEMENT
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹31,514.1 Cr] as on Mar 28,2024
(/) Sales [ ₹11,228.1 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.81x ]
Thus, for JK CEMENT , the investors are currently willing to pay '2.81 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 JK CEMENT !
The chart below summarizes the trend in P/S Ratio of JK CEMENT over the last five years.
Historical PS (Price/Sales) ratio chart of JK CEMENT
PS Ratio Performance Analysis for JK CEMENT
- JK CEMENT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.12x.
- JK CEMENT 's operated at median p/e ratio of 2.32x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JK CEMENT 's p/e ratio peaked in Mar2021 at 3.39x.
- JK CEMENT 's p/e ratio hit its five-year low in Mar2020 of 1.25x.
How does JK CEMENT 's P/S Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?
Peer Comparison (Cement & Construction Materials Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
JK CEMENT | 11,228.1 | 2.81 | 31,514.1 |
ULTRATECH CEMENT LTD | 69,151.6 | 4.07 | 281,332.0 |
AMBUJA CEMENTS LTD | 32,231.6 | 4.17 | 134,564.0 |
SHREE CEMENT LTD | 20,188.4 | 4.59 | 92,741.0 |
ACC LTD | 19,341.1 | 2.42 | 46,772.2 |
DALMIA BHARAT LTD | 14,285.0 | 2.55 | 36,425.5 |
THE RAMCO CEMENTS LTD | 9,270.7 | 2.07 | 19,157.4 |
NUVOCO VISTAS CORPORATION LTD | 10,728.0 | 1.02 | 10,946.8 |
JK LAKSHMI CEMENT LTD | 6,869.7 | 1.49 | 10,267.9 |
STAR CEMENT LTD | 2,822.2 | 3.24 | 9,144.6 |
PRISM JOHNSON LTD | 7,620.0 | 1.18 | 8,990.0 |
Cement & Construction Materials Industry Benchmark (Top 10) PS Analysis vs JK CEMENT 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.02x |
Max industry PS | 4.59x |
Median industry PS | 2.55x |
Average industry PS | 2.69x |
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