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JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA is 1.80.

Share Price ₹1,121.1Apr 19,2024
Market Cap ₹3,049.3 Cr
Sales-TTM₹1,694.5 CrTTM-Standalone Results
Price/Sales1.80xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of JOHNSON CONTROLS HITACHI AIR CONDITIONING 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 JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA is calculated as :

Current Market Cap [ ₹3,049.3 Cr] as on Apr 19,2024

(/) Sales [ ₹1,694.5 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.80x ]

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

Thus, for JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA , the investors are currently willing to pay '1.80 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 JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA !

The chart below summarizes the trend in P/S Ratio of JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA


PS Ratio Performance Analysis for JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA

- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's latest p/e ratio is 1.80x.

- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.58x.

- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's operated at median p/e ratio of 2.49x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's p/e ratio peaked in Mar2021 at 4.37x.

- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's p/e ratio hit its five-year low in Mar2023 of 1.16x.


How does JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's P/S Ratio benchmark against top 10 peers in Air Conditioners Industry?

Peer Comparison (Air Conditioners Industry)Sales (Cr)PS RatioMarket Cap (Cr)
JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 1,694.51.803,049.3
VOLTAS LTD11,235.13.8343,029.9
BLUE STAR LTD8,981.43.2629,247.7
AMBER ENTERPRISES INDIA LTD6,926.41.7712,285.8

Air Conditioners Industry Benchmark (Top 10) PS Analysis vs JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.77x
Max industry PS 3.83x
Median industry PS 3.26x
Average industry PS 2.67x



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