POLYCAB INDIA
|
The Current P/S Ratio of POLYCAB INDIA is 5.05.
Share Price | ₹5,633.7 | Apr 29,2024 |
Market Cap | ₹84,617.4 Cr | |
Sales-TTM | ₹16,771.2 Cr | TTM-Consolidated Results |
Price/Sales | 5.05x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of POLYCAB INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹84,617.4 Cr] as on Apr 29,2024
(/) Sales [ ₹16,771.2 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 5.05x ]
Thus, for POLYCAB INDIA , the investors are currently willing to pay '5.05 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 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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
POLYCAB INDIA | 16,771.2 | 5.05 | 84,617.4 |
KEI INDUSTRIES LTD | 7,745.4 | 4.48 | 34,719.5 |
RR KABEL LTD | 6,090.0 | 3.11 | 18,955.8 |
FINOLEX CABLES LTD | 4,837.7 | 3.27 | 15,820.0 |
STERLITE TECHNOLOGIES LTD | 6,210.0 | 1.09 | 6,765.1 |
PRECISION WIRES INDIA LTD | 3,236.6 | 0.79 | 2,571.8 |
PARAMOUNT COMMUNICATIONS LTD | 949.3 | 2.44 | 2,313.1 |
UNIVERSAL CABLES LTD | 2,023.2 | 0.99 | 1,996.2 |
DYNAMIC CABLES LTD | 705.6 | 1.38 | 975.4 |
BIRLA CABLE LTD | 756.1 | 1.08 | 819.8 |
DELTON CABLES LTD | 349.6 | 1.14 | 399.6 |
Cable Industry Benchmark (Top 10) PS Analysis vs POLYCAB INDIA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.79x |
Max industry PS | 5.05x |
Median industry PS | 1.38x |
Average industry PS | 2.26x |
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