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KRSNAA DIAGNOSTICS
PS (Price/Sales) Ratio

The Current P/S Ratio of KRSNAA DIAGNOSTICS is 3.23.

Share Price ₹586.9Apr 19,2024
Market Cap ₹1,895.7 Cr
Sales-TTM₹586.6 CrTTM-Consolidated Results
Price/Sales3.23xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of KRSNAA DIAGNOSTICS

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 KRSNAA DIAGNOSTICS is calculated as :

Current Market Cap [ ₹1,895.7 Cr] as on Apr 19,2024

(/) Sales [ ₹586.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.23x ]

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

Thus, for KRSNAA DIAGNOSTICS , the investors are currently willing to pay '3.23 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 KRSNAA DIAGNOSTICS !

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

Historical PS (Price/Sales) ratio chart of KRSNAA DIAGNOSTICS


PS Ratio Performance Analysis for KRSNAA DIAGNOSTICS

- KRSNAA DIAGNOSTICS 's latest p/e ratio is 3.23x.

- KRSNAA DIAGNOSTICS 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 3.16x.

- KRSNAA DIAGNOSTICS 's operated at median p/e ratio of 3.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, KRSNAA DIAGNOSTICS 's p/e ratio peaked in Mar2022 at 3.35x.

- KRSNAA DIAGNOSTICS 's p/e ratio hit its five-year low in Mar2023 of 2.97x.


How does KRSNAA DIAGNOSTICS 's P/S Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?

Peer Comparison (Hospital & Healthcare Services Industry)Sales (Cr)PS RatioMarket Cap (Cr)
KRSNAA DIAGNOSTICS 586.63.231,895.7
APOLLO HOSPITALS ENTERPRISE LTD18,417.54.8288,715.9
MAX HEALTHCARE INSTITUTE LTD5,197.614.4375,026.8
GLOBAL HEALTH LTD3,153.011.9437,656.8
FORTIS HEALTHCARE LTD6,749.74.8232,512.3
NARAYANA HRUDAYALAYA LTD4,963.95.1125,374.5
ASTER DM HEALTHCARE LTD13,504.91.9326,014.6
DR LAL PATHLABS LTD2,172.28.4818,417.7
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD2,440.36.3915,582.6
RAINBOW CHILDRENS MEDICARE LTD1,272.810.3913,228.7
METROPOLIS HEALTHCARE LTD1,159.37.688,901.8

Hospital & Healthcare Services Industry Benchmark (Top 10) PS Analysis vs KRSNAA DIAGNOSTICS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.93x
Max industry PS 14.43x
Median industry PS 6.39x
Average industry PS 7.20x



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