Home > PS Ratio > NORTH EASTERN CARRYING CORPORATION

NORTH EASTERN CARRYING CORPORATION
PS (Price/Sales) Ratio

The Current P/S Ratio of NORTH EASTERN CARRYING CORPORATION is 0.85.

Share Price ₹28.1Apr 16,2024
Market Cap ₹269.7 Cr
Sales-TTM₹316.7 CrTTM-Standalone Results
Price/Sales0.85xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for NORTH EASTERN CARRYING CORPORATION
Please provide your vote to see the results
NORTH EASTERN CARRYING CORPORATION is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of NORTH EASTERN CARRYING CORPORATION

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 NORTH EASTERN CARRYING CORPORATION is calculated as :

Current Market Cap [ ₹269.7 Cr] as on Apr 16,2024

(/) Sales [ ₹316.7 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.85x ]

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

Thus, for NORTH EASTERN CARRYING CORPORATION , the investors are currently willing to pay '0.85 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 NORTH EASTERN CARRYING CORPORATION !

The chart below summarizes the trend in P/S Ratio of NORTH EASTERN CARRYING CORPORATION over the last five years.

Historical PS (Price/Sales) ratio chart of NORTH EASTERN CARRYING CORPORATION


PS Ratio Performance Analysis for NORTH EASTERN CARRYING CORPORATION

- NORTH EASTERN CARRYING CORPORATION 's latest p/e ratio is 0.85x.

- NORTH EASTERN CARRYING CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.26x.

- NORTH EASTERN CARRYING CORPORATION 's operated at median p/e ratio of 0.17x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NORTH EASTERN CARRYING CORPORATION 's p/e ratio peaked in Mar2022 at 0.65x.

- NORTH EASTERN CARRYING CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 0.05x.


How does NORTH EASTERN CARRYING CORPORATION 's P/S Ratio benchmark against top 10 peers in Logistics Industry?

Peer Comparison (Logistics Industry)Sales (Cr)PS RatioMarket Cap (Cr)
NORTH EASTERN CARRYING CORPORATION 316.70.85269.7
CONTAINER CORPORATION OF INDIA LTD8,512.66.7857,703.2
AEGIS LOGISTICS LTD7,363.22.5118,460.8
ALLCARGO LOGISTICS LTD13,184.60.537,036.7
TVS SUPPLY CHAIN SOLUTIONS LTD9,200.60.787,210.6
TRANSPORT CORPORATION OF INDIA LTD3,924.61.706,668.9
GATEWAY DISTRIPARKS LTD1,538.13.405,228.8
VRL LOGISTICS LTD2,818.41.754,932.8
MAHINDRA LOGISTICS LTD5,327.70.613,237.2
LANCER CONTAINER LINES LTD682.12.481,690.1
NAVKAR CORPORATION LTD420.53.521,481.3

Logistics Industry Benchmark (Top 10) PS Analysis vs NORTH EASTERN CARRYING CORPORATION 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.53x
Max industry PS 6.78x
Median industry PS 1.75x
Average industry PS 2.26x



You may also like the below Video Courses