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PATELS AIRTEMP (INDIA)
PS (Price/Sales) Ratio

The Current P/S Ratio of PATELS AIRTEMP (INDIA) is 0.59.

Share Price ₹380.2Mar 28,2024
Market Cap ₹209.1 Cr
Sales-TTM₹356.5 CrTTM-Consolidated Results
Price/Sales0.59xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of PATELS AIRTEMP (INDIA)

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 PATELS AIRTEMP (INDIA) is calculated as :

Current Market Cap [ ₹209.1 Cr] as on Mar 28,2024

(/) Sales [ ₹356.5 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.59x ]

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

Thus, for PATELS AIRTEMP (INDIA) , the investors are currently willing to pay '0.59 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 PATELS AIRTEMP (INDIA) !

The chart below summarizes the trend in P/S Ratio of PATELS AIRTEMP (INDIA) over the last five years.

Historical PS (Price/Sales) ratio chart of PATELS AIRTEMP (INDIA)


PS Ratio Performance Analysis for PATELS AIRTEMP (INDIA)

- PATELS AIRTEMP (INDIA) 's latest p/e ratio is 0.59x.

- PATELS AIRTEMP (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.31x.

- PATELS AIRTEMP (INDIA) 's operated at median p/e ratio of 0.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PATELS AIRTEMP (INDIA) 's p/e ratio peaked in Mar2023 at 0.4x.

- PATELS AIRTEMP (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.17x.


How does PATELS AIRTEMP (INDIA) '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)
PATELS AIRTEMP (INDIA) 356.50.59209.1
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 PATELS AIRTEMP (INDIA) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.59x
Max industry PS 10.90x
Median industry PS 3.61x
Average industry PS 4.64x



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