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JK CEMENT
PS (Price/Sales) Ratio

The Current P/S Ratio of JK CEMENT is 2.81.

Share Price ₹4,076.9Mar 28,2024
Market Cap ₹31,514.1 Cr
Sales-TTM₹11,228.1 CrTTM-Consolidated Results
Price/Sales2.81xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of JK CEMENT

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 JK CEMENT is calculated as :

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 ]

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

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 latest p/e ratio is 2.81x.

- 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 RatioMarket Cap (Cr)
JK CEMENT 11,228.12.8131,514.1
ULTRATECH CEMENT LTD69,151.64.07281,332.0
AMBUJA CEMENTS LTD32,231.64.17134,564.0
SHREE CEMENT LTD20,188.44.5992,741.0
ACC LTD19,341.12.4246,772.2
DALMIA BHARAT LTD14,285.02.5536,425.5
THE RAMCO CEMENTS LTD9,270.72.0719,157.4
NUVOCO VISTAS CORPORATION LTD10,728.01.0210,946.8
JK LAKSHMI CEMENT LTD6,869.71.4910,267.9
STAR CEMENT LTD2,822.23.249,144.6
PRISM JOHNSON LTD7,620.01.188,990.0

Cement & Construction Materials Industry Benchmark (Top 10) PS Analysis vs JK CEMENT 's P/S Ratio

Top 10 Industry PeersPS 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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