Home > PS Ratio > MRF

MRF
PS (Price/Sales) Ratio

The Current P/S Ratio of MRF is 2.22.

Share Price ₹130,269.0Apr 26,2024
Market Cap ₹54,713.0 Cr
Sales-TTM₹24,661.6 CrTTM-Consolidated Results
Price/Sales2.22xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for MRF
Please provide your vote to see the results

Definition & Calculation of PS (Price/Sales) ratio of MRF

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 MRF is calculated as :

Current Market Cap [ ₹54,713.0 Cr] as on Apr 26,2024

(/) Sales [ ₹24,661.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.22x ]

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

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 latest p/e ratio is 2.22x.

- 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 RatioMarket Cap (Cr)
MRF 24,661.62.2254,713.0
BALKRISHNA INDUSTRIES LTD9,004.05.1045,880.9
APOLLO TYRES LTD25,366.81.2331,281.9
JK TYRE & INDUSTRIES LTD14,935.80.7210,684.5
CEAT LTD11,826.50.8610,223.8
TVS SRICHAKRA LTD2,843.61.123,182.4
GOODYEAR INDIA LTD2,653.81.022,694.6

Tyres & Allied Industry Benchmark (Top 10) PS Analysis vs MRF 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.72x
Max industry PS 5.10x
Median industry PS 1.12x
Average industry PS 1.75x



You may also like the below Video Courses