MRF
|
The Current P/S Ratio of MRF is 2.22.
Share Price | ₹130,160.0 | Apr 16,2024 |
Market Cap | ₹54,667.2 Cr | |
Sales-TTM | ₹24,661.6 Cr | TTM-Consolidated Results |
Price/Sales | 2.22x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of MRF
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹54,667.2 Cr] as on Apr 16,2024
(/) Sales [ ₹24,661.6 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.22x ]
Thus, for MRF , the investors are currently willing to pay '2.22 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 MRF !
The chart below summarizes the trend in P/S Ratio of MRF over the last five years.
Historical PS (Price/Sales) ratio chart of MRF
PS Ratio Performance Analysis for MRF
- MRF 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.64x.
- MRF 's operated at median p/e ratio of 1.53x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MRF 's p/e ratio peaked in Mar2021 at 2.16x.
- MRF 's p/e ratio hit its five-year low in Mar2022 of 1.43x.
How does MRF 's P/S Ratio benchmark against top 10 peers in Tyres & Allied Industry?
Peer Comparison (Tyres & Allied Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
MRF | 24,661.6 | 2.22 | 54,667.2 |
BALKRISHNA INDUSTRIES LTD | 9,004.0 | 5.05 | 45,477.9 |
APOLLO TYRES LTD | 25,366.8 | 1.20 | 30,361.0 |
JK TYRE & INDUSTRIES LTD | 14,935.8 | 0.71 | 10,672.7 |
CEAT LTD | 11,826.5 | 0.89 | 10,530.6 |
TVS SRICHAKRA LTD | 2,843.6 | 1.16 | 3,288.1 |
GOODYEAR INDIA LTD | 2,653.8 | 1.00 | 2,663.8 |
Tyres & Allied Industry Benchmark (Top 10) PS Analysis vs MRF 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.71x |
Max industry PS | 5.05x |
Median industry PS | 1.16x |
Average industry PS | 1.75x |
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