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NESCO
PS (Price/Sales) Ratio

The Current P/S Ratio of NESCO is 9.05.

Share Price ₹829.4Mar 28,2024
Market Cap ₹5,847.3 Cr
Sales-TTM₹646.4 CrTTM-Consolidated Results
Price/Sales9.05xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of NESCO

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 NESCO is calculated as :

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 ]

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

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 latest p/e ratio is 9.05x.

- 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 RatioMarket Cap (Cr)
NESCO 646.49.055,847.3
BHARAT ELECTRONICS LTD18,183.38.10147,255.0
BHARAT HEAVY ELECTRICALS LTD23,859.53.6186,076.6
THERMAX LTD8,870.65.6449,992.0
TRIVENI TURBINE LTD1,565.710.9017,068.4
KIRLOSKAR OIL ENGINES LTD5,622.12.2212,454.6
ELECON ENGINEERING COMPANY LTD1,797.35.9310,657.3
PRAJ INDUSTRIES LTD3,451.72.849,791.7
SHRIRAM PISTONS & RINGS LTD2,934.82.948,636.6
KIRLOSKAR BROTHERS LTD3,902.02.258,772.7
TEGA INDUSTRIES LTD1,382.15.988,268.7

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs NESCO 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.22x
Max industry PS 10.90x
Median industry PS 5.64x
Average industry PS 5.40x



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