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KANSAI NEROLAC PAINTS
PS (Price/Sales) Ratio

The Current P/S Ratio of KANSAI NEROLAC PAINTS is 2.84.

Share Price ₹273.1Apr 18,2024
Market Cap ₹22,073.4 Cr
Sales-TTM₹7,765.6 CrTTM-Consolidated Results
Price/Sales2.84xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of KANSAI NEROLAC PAINTS

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 KANSAI NEROLAC PAINTS is calculated as :

Current Market Cap [ ₹22,073.4 Cr] as on Apr 18,2024

(/) Sales [ ₹7,765.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.84x ]

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

Thus, for KANSAI NEROLAC PAINTS , the investors are currently willing to pay '2.84 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 KANSAI NEROLAC PAINTS !

The chart below summarizes the trend in P/S Ratio of KANSAI NEROLAC PAINTS over the last five years.

Historical PS (Price/Sales) ratio chart of KANSAI NEROLAC PAINTS


PS Ratio Performance Analysis for KANSAI NEROLAC PAINTS

- KANSAI NEROLAC PAINTS 's latest p/e ratio is 2.84x.

- KANSAI NEROLAC PAINTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.31x.

- KANSAI NEROLAC PAINTS 's operated at median p/e ratio of 3.95x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KANSAI NEROLAC PAINTS 's p/e ratio peaked in Mar2021 at 6.38x.

- KANSAI NEROLAC PAINTS 's p/e ratio hit its five-year low in Mar2023 of 2.76x.


How does KANSAI NEROLAC PAINTS 's P/S Ratio benchmark against top 10 peers in Paints Industry?

Peer Comparison (Paints Industry)Sales (Cr)PS RatioMarket Cap (Cr)
KANSAI NEROLAC PAINTS 7,765.62.8422,073.4
ASIAN PAINTS LTD35,551.37.59269,990.0
BERGER PAINTS INDIA LTD11,122.35.4160,143.4
AKZO NOBEL INDIA LTD3,939.62.7911,010.7
INDIGO PAINTS LTD1,214.25.176,273.1
SHALIMAR PAINTS LTD526.52.681,410.5

Paints Industry Benchmark (Top 10) PS Analysis vs KANSAI NEROLAC PAINTS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.68x
Max industry PS 7.59x
Median industry PS 5.17x
Average industry PS 4.41x



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