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PONNI SUGARS (ERODE)
PS (Price/Sales) Ratio

The Current P/S Ratio of PONNI SUGARS (ERODE) is 0.76.

Share Price ₹399.7Mar 18,2024
Market Cap ₹343.7 Cr
Sales-TTM₹449.5 CrTTM-Standalone Results
Price/Sales0.76xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of PONNI SUGARS (ERODE)

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 PONNI SUGARS (ERODE) is calculated as :

Current Market Cap [ ₹343.7 Cr] as on Mar 18,2024

(/) Sales [ ₹449.5 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.76x ]

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

Thus, for PONNI SUGARS (ERODE) , the investors are currently willing to pay '0.76 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 PONNI SUGARS (ERODE) !

The chart below summarizes the trend in P/S Ratio of PONNI SUGARS (ERODE) over the last five years.

Historical PS (Price/Sales) ratio chart of PONNI SUGARS (ERODE)


PS Ratio Performance Analysis for PONNI SUGARS (ERODE)

- PONNI SUGARS (ERODE) 's latest p/e ratio is 0.76x.

- PONNI SUGARS (ERODE) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.59x.

- PONNI SUGARS (ERODE) 's operated at median p/e ratio of 0.63x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PONNI SUGARS (ERODE) 's p/e ratio peaked in Mar2023 at 0.78x.

- PONNI SUGARS (ERODE) 's p/e ratio hit its five-year low in Mar2020 of 0.37x.


How does PONNI SUGARS (ERODE) 's P/S Ratio benchmark against top 10 peers in Sugar Industry?

Peer Comparison (Sugar Industry)Sales (Cr)PS RatioMarket Cap (Cr)
PONNI SUGARS (ERODE) 449.50.76343.7
SHREE RENUKA SUGARS LTD10,181.20.888,960.9
EID PARRY (INDIA) LTD30,716.40.3310,014.7
BALRAMPUR CHINI MILLS LTD5,651.01.297,289.2
TRIVENI ENGINEERING & INDUSTRIES LTD6,421.61.107,083.5
BANNARI AMMAN SUGARS LTD2,455.61.212,975.8
DALMIA BHARAT SUGAR AND INDUSTRIES LTD2,655.31.102,916.2
BAJAJ HINDUSTHAN SUGAR LTD6,287.90.613,809.1
DWARIKESH SUGAR INDUSTRIES LTD1,862.20.811,513.4
DHAMPUR SUGAR MILLS LTD2,738.80.521,431.0
THE UGAR SUGAR WORKS LTD1,760.90.45795.3

Sugar Industry Benchmark (Top 10) PS Analysis vs PONNI SUGARS (ERODE) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.33x
Max industry PS 1.29x
Median industry PS 0.81x
Average industry PS 0.82x



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