LAKSHMI MACHINE WORKS
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The Current P/S Ratio of LAKSHMI MACHINE WORKS is 3.60.
Share Price | ₹16,916.1 | Apr 23,2024 |
Market Cap | ₹18,100.2 Cr | |
Sales-TTM | ₹5,028.3 Cr | TTM-Consolidated Results |
Price/Sales | 3.60x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of LAKSHMI MACHINE WORKS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
LAKSHMI MACHINE WORKS | 5,028.3 | 3.60 | 18,100.2 |
STOVEC INDUSTRIES LTD | 207.3 | 2.64 | 546.4 |
INDIAN CARD CLOTHING COMPANY LTD | 58.2 | 2.78 | 161.6 |
Textile - Machinery Industry Benchmark (Top 10) PS Analysis vs LAKSHMI MACHINE WORKS 's P/S Ratio
Top 10 Industry Peers | PS 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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