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JOSTS ENGINEERING COMPANY
PS (Price/Sales) Ratio

The Current P/S Ratio of JOSTS ENGINEERING COMPANY is 2.79.

Share Price ₹1,026.7May 07,2024
Market Cap ₹503.1 Cr
Sales-TTM₹180.5 CrTTM-Consolidated Results
Price/Sales2.79xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of JOSTS ENGINEERING COMPANY

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 JOSTS ENGINEERING COMPANY is calculated as :

Current Market Cap [ ₹503.1 Cr] as on May 07,2024

(/) Sales [ ₹180.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.79x ]

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

Thus, for JOSTS ENGINEERING COMPANY , the investors are currently willing to pay '2.79 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 JOSTS ENGINEERING COMPANY !

The chart below summarizes the trend in P/S Ratio of JOSTS ENGINEERING COMPANY over the last five years.

Historical PS (Price/Sales) ratio chart of JOSTS ENGINEERING COMPANY


PS Ratio Performance Analysis for JOSTS ENGINEERING COMPANY

- JOSTS ENGINEERING COMPANY 's latest p/e ratio is 2.79x.

- JOSTS ENGINEERING COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.58x.

- JOSTS ENGINEERING COMPANY 's operated at median p/e ratio of 0.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JOSTS ENGINEERING COMPANY 's p/e ratio peaked in Mar2023 at 0.7x.

- JOSTS ENGINEERING COMPANY 's p/e ratio hit its five-year low in Mar2020 of 0.45x.


How does JOSTS ENGINEERING COMPANY 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
JOSTS ENGINEERING COMPANY 180.52.79503.1
BHARAT ELECTRONICS LTD18,183.39.14166,224.0
BHARAT HEAVY ELECTRICALS LTD23,859.54.0997,567.4
THERMAX LTD8,870.66.1254,324.6
TRIVENI TURBINE LTD1,565.711.3117,708.9
KIRLOSKAR OIL ENGINES LTD5,622.12.5914,577.3
ELECON ENGINEERING COMPANY LTD1,937.46.0311,682.8
PRAJ INDUSTRIES LTD3,451.72.819,684.2
SHRIRAM PISTONS & RINGS LTD2,934.82.898,469.2
KIRLOSKAR BROTHERS LTD3,902.02.6710,422.0
TEGA INDUSTRIES LTD1,382.17.009,680.3

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs JOSTS ENGINEERING COMPANY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.59x
Max industry PS 11.31x
Median industry PS 4.09x
Average industry PS 5.22x



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