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LAKSHMI MACHINE WORKS
PS (Price/Sales) Ratio

The Current P/S Ratio of LAKSHMI MACHINE WORKS is 3.60.

Share Price ₹16,916.1Apr 23,2024
Market Cap ₹18,100.2 Cr
Sales-TTM₹5,028.3 CrTTM-Consolidated Results
Price/Sales3.60xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of LAKSHMI MACHINE WORKS

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 LAKSHMI MACHINE WORKS is calculated as :

Current Market Cap [ ₹18,100.2 Cr] as on Apr 23,2024

(/) Sales [ ₹5,028.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.60x ]

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

Thus, for LAKSHMI MACHINE WORKS , the investors are currently willing to pay '3.60 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 LAKSHMI MACHINE WORKS !

The chart below summarizes the trend in P/S Ratio of LAKSHMI MACHINE WORKS over the last five years.

Historical PS (Price/Sales) ratio chart of LAKSHMI MACHINE WORKS


PS Ratio Performance Analysis for LAKSHMI MACHINE WORKS

- LAKSHMI MACHINE WORKS 's latest p/e ratio is 3.60x.

- LAKSHMI MACHINE WORKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.73x.

- LAKSHMI MACHINE WORKS 's operated at median p/e ratio of 2.4x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LAKSHMI MACHINE WORKS 's p/e ratio peaked in Mar2021 at 4.2x.

- LAKSHMI MACHINE WORKS 's p/e ratio hit its five-year low in Mar2020 of 1.56x.


How does LAKSHMI MACHINE WORKS 's P/S Ratio benchmark against top 10 peers in Textile - Machinery Industry?

Peer Comparison (Textile - Machinery Industry)Sales (Cr)PS RatioMarket Cap (Cr)
LAKSHMI MACHINE WORKS 5,028.33.6018,100.2
STOVEC INDUSTRIES LTD207.32.64546.4
INDIAN CARD CLOTHING COMPANY LTD58.22.78161.6

Textile - Machinery Industry Benchmark (Top 10) PS Analysis vs LAKSHMI MACHINE WORKS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.64x
Max industry PS 3.60x
Median industry PS 2.78x
Average industry PS 3.00x



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