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MENON BEARINGS
PS (Price/Sales) Ratio

The Current P/S Ratio of MENON BEARINGS is 3.43.

Share Price ₹129.3Apr 29,2024
Market Cap ₹723.8 Cr
Sales-TTM₹211.0 CrTTM-Consolidated Results
Price/Sales3.43xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MENON BEARINGS

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 MENON BEARINGS is calculated as :

Current Market Cap [ ₹723.8 Cr] as on Apr 29,2024

(/) Sales [ ₹211.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.43x ]

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

Thus, for MENON BEARINGS , the investors are currently willing to pay '3.43 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 MENON BEARINGS !

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

Historical PS (Price/Sales) ratio chart of MENON BEARINGS


PS Ratio Performance Analysis for MENON BEARINGS

- MENON BEARINGS 's latest p/e ratio is 3.43x.

- MENON BEARINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2005 averaged 1.40x.

- MENON BEARINGS 's operated at median p/e ratio of 1.08x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MENON BEARINGS 's p/e ratio peaked in Mar2023 at 2.47x.

- MENON BEARINGS 's p/e ratio hit its five-year low in Mar2008 of 0.62x.


How does MENON BEARINGS 's P/S Ratio benchmark against top 10 peers in Bearings Industry?

Peer Comparison (Bearings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
MENON BEARINGS 211.03.43723.8
SCHAEFFLER INDIA LTD7,381.77.3754,388.2
TIMKEN INDIA LTD2,814.38.5624,096.3
SKF INDIA LTD4,461.85.0422,465.3
ROLEX RINGS LTD1,204.94.165,016.9
NRB BEARINGS LTD1,121.92.703,025.4
GALAXY BEARINGS LTD131.23.53463.5
BIMETAL BEARINGS LTD229.61.06244.3
VISHAL BEARINGS LTD105.61.57165.8
SNL BEARINGS LTD47.62.95140.3

Bearings Industry Benchmark (Top 10) PS Analysis vs MENON BEARINGS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.06x
Max industry PS 8.56x
Median industry PS 3.53x
Average industry PS 4.04x



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