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OLECTRA GREENTECH
PS (Price/Sales) Ratio

The Current P/S Ratio of OLECTRA GREENTECH is 11.73.

Share Price ₹1,773.4Apr 24,2024
Market Cap ₹14,559.6 Cr
Sales-TTM₹1,241.2 CrTTM-Consolidated Results
Price/Sales11.73xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of OLECTRA GREENTECH

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 OLECTRA GREENTECH is calculated as :

Current Market Cap [ ₹14,559.6 Cr] as on Apr 24,2024

(/) Sales [ ₹1,241.2 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 11.73x ]

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

Thus, for OLECTRA GREENTECH , the investors are currently willing to pay '11.73 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 OLECTRA GREENTECH !

The chart below summarizes the trend in P/S Ratio of OLECTRA GREENTECH over the last five years.

Historical PS (Price/Sales) ratio chart of OLECTRA GREENTECH


PS Ratio Performance Analysis for OLECTRA GREENTECH

- OLECTRA GREENTECH 's latest p/e ratio is 11.73x.

- OLECTRA GREENTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.72x.

- OLECTRA GREENTECH 's operated at median p/e ratio of 6.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, OLECTRA GREENTECH 's p/e ratio peaked in Mar2019 at 11.46x.

- OLECTRA GREENTECH 's p/e ratio hit its five-year low in Mar2020 of 1.91x.


How does OLECTRA GREENTECH 's P/S Ratio benchmark against top 10 peers in Automobiles-Trucks/Lcv Industry?

Peer Comparison (Automobiles-Trucks/Lcv Industry)Sales (Cr)PS RatioMarket Cap (Cr)
OLECTRA GREENTECH 1,241.211.7314,559.6
TATA MOTORS LTD423,874.00.78329,582.0
ASHOK LEYLAND LTD45,415.61.1552,134.5
FORCE MOTORS LTD6,471.22.0313,115.3
SML ISUZU LTD2,099.61.563,279.5

Automobiles-Trucks/Lcv Industry Benchmark (Top 10) PS Analysis vs OLECTRA GREENTECH 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.78x
Max industry PS 11.73x
Median industry PS 1.56x
Average industry PS 3.45x



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