NESCO
|
The Current P/S Ratio of NESCO is 9.05.
Share Price | ₹829.4 | Mar 28,2024 |
Market Cap | ₹5,847.3 Cr | |
Sales-TTM | ₹646.4 Cr | TTM-Consolidated Results |
Price/Sales | 9.05x | Calculated as Market Cap/Sales |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of NESCO
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹5,847.3 Cr] as on Mar 28,2024
(/) Sales [ ₹646.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 9.05x ]
Thus, for NESCO , the investors are currently willing to pay '9.05 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 NESCO !
The chart below summarizes the trend in P/S Ratio of NESCO over the last five years.
Historical PS (Price/Sales) ratio chart of NESCO
PS Ratio Performance Analysis for NESCO
- NESCO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.67x.
- NESCO 's operated at median p/e ratio of 9.41x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NESCO 's p/e ratio peaked in Mar2021 at 12.77x.
- NESCO 's p/e ratio hit its five-year low in Mar2023 of 6.67x.
How does NESCO '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) |
---|---|---|---|
NESCO | 646.4 | 9.05 | 5,847.3 |
BHARAT ELECTRONICS LTD | 18,183.3 | 8.10 | 147,255.0 |
BHARAT HEAVY ELECTRICALS LTD | 23,859.5 | 3.61 | 86,076.6 |
THERMAX LTD | 8,870.6 | 5.64 | 49,992.0 |
TRIVENI TURBINE LTD | 1,565.7 | 10.90 | 17,068.4 |
KIRLOSKAR OIL ENGINES LTD | 5,622.1 | 2.22 | 12,454.6 |
ELECON ENGINEERING COMPANY LTD | 1,797.3 | 5.93 | 10,657.3 |
PRAJ INDUSTRIES LTD | 3,451.7 | 2.84 | 9,791.7 |
SHRIRAM PISTONS & RINGS LTD | 2,934.8 | 2.94 | 8,636.6 |
KIRLOSKAR BROTHERS LTD | 3,902.0 | 2.25 | 8,772.7 |
TEGA INDUSTRIES LTD | 1,382.1 | 5.98 | 8,268.7 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs NESCO 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.22x |
Max industry PS | 10.90x |
Median industry PS | 5.64x |
Average industry PS | 5.40x |
You may also like the below Video Courses