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POLYCAB INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of POLYCAB INDIA is 4.76.

Share Price ₹5,311.2Apr 15,2024
Market Cap ₹79,773.5 Cr
Sales-TTM₹16,771.2 CrTTM-Consolidated Results
Price/Sales4.76xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of POLYCAB 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 POLYCAB INDIA is calculated as :

Current Market Cap [ ₹79,773.5 Cr] as on Apr 15,2024

(/) Sales [ ₹16,771.2 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 4.76x ]

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

Thus, for POLYCAB INDIA , the investors are currently willing to pay '4.76 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 POLYCAB INDIA !

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

Historical PS (Price/Sales) ratio chart of POLYCAB INDIA


PS Ratio Performance Analysis for POLYCAB INDIA

- POLYCAB INDIA 's latest p/e ratio is 4.76x.

- POLYCAB INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.91x.

- POLYCAB INDIA 's operated at median p/e ratio of 2.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, POLYCAB INDIA 's p/e ratio peaked in Mar2023 at 3.06x.

- POLYCAB INDIA 's p/e ratio hit its five-year low in Mar2019 of 0x.


How does POLYCAB INDIA 's P/S Ratio benchmark against top 10 peers in Cable Industry?

Peer Comparison (Cable Industry)Sales (Cr)PS RatioMarket Cap (Cr)
POLYCAB INDIA 16,771.24.7679,773.5
KEI INDUSTRIES LTD7,745.44.6736,161.6
RR KABEL LTD6,090.02.9317,829.3
FINOLEX CABLES LTD4,837.73.1115,043.1
STERLITE TECHNOLOGIES LTD6,210.01.056,499.3
PRECISION WIRES INDIA LTD3,236.60.682,208.2
PARAMOUNT COMMUNICATIONS LTD949.32.562,432.6
UNIVERSAL CABLES LTD2,023.20.841,708.9
DYNAMIC CABLES LTD705.61.23870.4
BIRLA CABLE LTD756.11.00758.1
DELTON CABLES LTD349.60.90314.2

Cable Industry Benchmark (Top 10) PS Analysis vs POLYCAB INDIA 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.68x
Max industry PS 4.76x
Median industry PS 1.23x
Average industry PS 2.16x



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