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MAJESTIC AUTO
PS (Price/Sales) Ratio

The Current P/S Ratio of MAJESTIC AUTO is 3.86.

Share Price ₹300.3Apr 24,2024
Market Cap ₹312.3 Cr
Sales-TTM₹80.9 CrTTM-Consolidated Results
Price/Sales3.86xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MAJESTIC AUTO

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 MAJESTIC AUTO is calculated as :

Current Market Cap [ ₹312.3 Cr] as on Apr 24,2024

(/) Sales [ ₹80.9 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.86x ]

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

Thus, for MAJESTIC AUTO , the investors are currently willing to pay '3.86 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 MAJESTIC AUTO !

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

Historical PS (Price/Sales) ratio chart of MAJESTIC AUTO


PS Ratio Performance Analysis for MAJESTIC AUTO

- MAJESTIC AUTO 's latest p/e ratio is 3.86x.

- MAJESTIC AUTO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.94x.

- MAJESTIC AUTO 's operated at median p/e ratio of 1.97x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MAJESTIC AUTO 's p/e ratio peaked in Mar2023 at 2.85x.

- MAJESTIC AUTO 's p/e ratio hit its five-year low in Mar2020 of 0.89x.


How does MAJESTIC AUTO 's P/S Ratio benchmark against top 10 peers in Business Support Industry?

Peer Comparison (Business Support Industry)Sales (Cr)PS RatioMarket Cap (Cr)
MAJESTIC AUTO 80.93.86312.3
SYNGENE INTERNATIONAL LTD3,566.17.8327,907.9
SUN PHARMA ADVANCED RESEARCH COMPANY LTD106.787.039,284.6
LATENT VIEW ANALYTICS LTD610.117.0310,392.0
JUST DIAL LTD1,042.98.829,194.7
DREAMFOLKS SERVICES LTD1,091.62.562,798.2
EKI ENERGY SERVICES LTD285.33.43979.3
AGS TRANSACT TECHNOLOGIES LTD1,546.20.61936.9
JAYKAY ENTERPRISES LTD33.025.11827.8
QUINT DIGITAL LTD70.47.51528.6
PTL ENTERPRISES LTD64.38.81567.1

Business Support Industry Benchmark (Top 10) PS Analysis vs MAJESTIC AUTO 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.61x
Max industry PS 87.03x
Median industry PS 7.83x
Average industry PS 15.69x



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