MARINE ELECTRICALS (INDIA)  
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The Current P/S Ratio of MARINE ELECTRICALS (INDIA)  is 3.98.
                
| Share Price | ₹240.9 | Nov 03,2025 | 
| Market Cap | ₹3,321.3 Cr | |
| Sales-TTM | ₹833.8 Cr | TTM-Consolidated Results | 
| Price/Sales | 3.98x | Calculated as Market Cap/Sales | 
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PS (Price/Sales) ratio of MARINE ELECTRICALS (INDIA)
                    P/S = 
                    Market Capitalization  
                    /
                    Sales
                    
                    or, using per-share numbers:
                    
                    P/S = Stock Price / Sales Per Share
                
                Current Market Cap [ ₹3,321.3 Cr] as on Nov 03,2025                
                                    (/) Sales [ ₹833.8 Cr] based on TTM-Consolidated Results
                                    
                
                (=) P/S Ratio [ 3.98x ]
            
Thus, for MARINE ELECTRICALS (INDIA) , the investors are currently willing to pay '3.98 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 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 Ratio | Market Cap (Cr) | 
|---|---|---|---|
| MARINE ELECTRICALS (INDIA) | 833.8 | 3.98 | 3,321.3 | 
| BHARAT HEAVY ELECTRICALS LTD | 29,269.2 | 3.15 | 92,274.7 | 
| THERMAX LTD | 10,354.5 | 3.69 | 38,190.2 | 
| JYOTI CNC AUTOMATION LTD | 1,866.0 | 10.70 | 19,968.9 | 
| TRIVENI TURBINE LTD | 1,913.8 | 8.97 | 17,160.8 | 
| KIRLOSKAR BROTHERS LTD | 4,432.2 | 3.39 | 15,012.3 | 
| ELECON ENGINEERING COMPANY LTD | 2,395.2 | 5.23 | 12,515.9 | 
| PRAJ INDUSTRIES LTD | 3,169.1 | 1.97 | 6,252.4 | 
| KIRLOSKAR OIL ENGINES LTD | 6,470.7 | 2.29 | 14,821.6 | 
| TEGA INDUSTRIES LTD | 1,654.8 | 7.85 | 12,995.7 | 
| SHRIRAM PISTONS & RINGS LTD | 3,676.1 | 3.20 | 11,775.0 | 
Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs MARINE ELECTRICALS (INDIA) 's P/S Ratio
| Top 10 Industry Peers | PS Ratio | 
|---|---|
| Min industry PS | 1.97x | 
| Max industry PS | 10.70x | 
| Median industry PS | 3.69x | 
| Average industry PS | 4.95x | 
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