Home > PS Ratio > JTEKT INDIA

JTEKT INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of JTEKT INDIA is 2.11.

Share Price ₹171.3Apr 16,2024
Market Cap ₹4,354.9 Cr
Sales-TTM₹2,062.6 CrTTM-Consolidated Results
Price/Sales2.11xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for JTEKT INDIA
Please provide your vote to see the results
JTEKT INDIA is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of JTEKT 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 JTEKT INDIA is calculated as :

Current Market Cap [ ₹4,354.9 Cr] as on Apr 16,2024

(/) Sales [ ₹2,062.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.11x ]

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

Thus, for JTEKT INDIA , the investors are currently willing to pay '2.11 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 JTEKT INDIA !

The chart below summarizes the trend in P/S Ratio of JTEKT INDIA over the last five years.

Historical PS (Price/Sales) ratio chart of JTEKT INDIA


PS Ratio Performance Analysis for JTEKT INDIA

- JTEKT INDIA 's latest p/e ratio is 2.11x.

- JTEKT INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.22x.

- JTEKT INDIA 's operated at median p/e ratio of 1.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JTEKT INDIA 's p/e ratio peaked in Mar2021 at 1.54x.

- JTEKT INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.65x.


How does JTEKT INDIA 's P/S Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Sales (Cr)PS RatioMarket Cap (Cr)
JTEKT INDIA 2,062.62.114,354.9
BOSCH LTD16,557.15.3488,450.7
SAMVARDHANA MOTHERSON INTERNATIONAL LTD94,110.40.8984,197.0
SONA BLW PRECISION FORGINGS LTD3,044.713.0439,705.4
UNO MINDA LTD13,125.83.2242,236.1
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD3,833.96.6125,328.1
ENDURANCE TECHNOLOGIES LTD9,790.42.7026,419.3
JBM AUTO LTD4,533.54.5520,613.4
TVS HOLDINGS LTD38,397.70.4316,657.4
MINDA CORPORATION LTD4,510.72.169,732.9
CRAFTSMAN AUTOMATION LTD4,326.82.109,067.3

Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs JTEKT INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.43x
Max industry PS 13.04x
Median industry PS 2.70x
Average industry PS 3.92x



You may also like the below Video Courses