Home > PS Ratio > LAURUS LABS

LAURUS LABS
PS (Price/Sales) Ratio

The Current P/S Ratio of LAURUS LABS is 4.61.

Share Price ₹426.3Apr 19,2024
Market Cap ₹22,974.9 Cr
Sales-TTM₹4,982.1 CrTTM-Consolidated Results
Price/Sales4.61xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for LAURUS LABS
Please provide your vote to see the results
LAURUS LABS is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PS (Price/Sales) ratio of LAURUS LABS

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 LAURUS LABS is calculated as :

Current Market Cap [ ₹22,974.9 Cr] as on Apr 19,2024

(/) Sales [ ₹4,982.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 4.61x ]

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

Thus, for LAURUS LABS , the investors are currently willing to pay '4.61 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 LAURUS LABS !

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

Historical PS (Price/Sales) ratio chart of LAURUS LABS


PS Ratio Performance Analysis for LAURUS LABS

- LAURUS LABS 's latest p/e ratio is 4.61x.

- LAURUS LABS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.23x.

- LAURUS LABS 's operated at median p/e ratio of 2.61x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LAURUS LABS 's p/e ratio peaked in Mar2022 at 6.42x.

- LAURUS LABS 's p/e ratio hit its five-year low in Mar2020 of 1.22x.


How does LAURUS LABS 's P/S Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Sales (Cr)PS RatioMarket Cap (Cr)
LAURUS LABS 4,982.14.6122,974.9
SUN PHARMACEUTICAL INDUSTRIES LTD47,444.67.70365,311.0
CIPLA LTD25,350.24.28108,623.0
DR REDDYS LABORATORIES LTD27,212.53.6499,134.3
ZYDUS LIFESCIENCES LTD19,024.24.8892,794.9
DIVIS LABORATORIES LTD7,492.813.0097,408.4
MANKIND PHARMA LTD9,946.39.4193,565.4
TORRENT PHARMACEUTICALS LTD10,474.08.2085,858.5
LUPIN LTD19,480.13.6270,506.8
AUROBINDO PHARMA LTD27,894.72.2863,697.4
ABBOTT INDIA LTD5,753.49.6555,528.4

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PS Analysis vs LAURUS LABS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.28x
Max industry PS 13.00x
Median industry PS 4.88x
Average industry PS 6.48x



You may also like the below Video Courses