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MARINE ELECTRICALS (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of MARINE ELECTRICALS (INDIA) is 3.23.

Share Price ₹176.4May 08,2025
Market Cap ₹2,432.7 Cr
Sales-TTM₹753.4 CrTTM-Consolidated Results
Price/Sales3.23xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MARINE ELECTRICALS (INDIA)

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 MARINE ELECTRICALS (INDIA) is calculated as :

Current Market Cap [ ₹2,432.7 Cr] as on May 08,2025

(/) Sales [ ₹753.4 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 MARINE ELECTRICALS (INDIA) , 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 MARINE ELECTRICALS (INDIA) !

The chart below summarizes the trend in P/S Ratio of MARINE ELECTRICALS (INDIA) over the last five years.

Historical PS (Price/Sales) ratio chart of MARINE ELECTRICALS (INDIA)


PS Ratio Performance Analysis for MARINE ELECTRICALS (INDIA)

- MARINE ELECTRICALS (INDIA) 's latest p/e ratio is 3.23x.

- MARINE ELECTRICALS (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.60x.

- MARINE ELECTRICALS (INDIA) 's operated at median p/e ratio of 1.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MARINE ELECTRICALS (INDIA) 's p/e ratio peaked in Mar2021 at 3.21x.

- MARINE ELECTRICALS (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.84x.


How does MARINE ELECTRICALS (INDIA) 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Sales (Cr)PS RatioMarket Cap (Cr)
MARINE ELECTRICALS (INDIA) 753.43.232,432.7
BHARAT HEAVY ELECTRICALS LTD27,606.42.7475,682.6
THERMAX LTD10,067.43.7437,614.1
JYOTI CNC AUTOMATION LTD1,692.215.9326,963.3
TRIVENI TURBINE LTD1,925.88.6816,712.4
KIRLOSKAR BROTHERS LTD4,434.73.2914,611.6
ELECON ENGINEERING COMPANY LTD2,227.06.2313,875.8
PRAJ INDUSTRIES LTD3,228.02.608,401.2
KIRLOSKAR OIL ENGINES LTD6,249.61.6210,100.0
TEGA INDUSTRIES LTD1,609.55.328,570.4
SHRIRAM PISTONS & RINGS LTD3,549.82.639,321.2

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs MARINE ELECTRICALS (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.62x
Max industry PS 15.93x
Median industry PS 3.29x
Average industry PS 5.09x



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