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PRAJ INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of PRAJ INDUSTRIES is 2.89.

Share Price ₹541.9May 06,2024
Market Cap ₹9,959.2 Cr
Sales-TTM₹3,451.7 CrTTM-Consolidated Results
Price/Sales2.89xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of PRAJ INDUSTRIES

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 PRAJ INDUSTRIES is calculated as :

Current Market Cap [ ₹9,959.2 Cr] as on May 06,2024

(/) Sales [ ₹3,451.7 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.89x ]

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

Thus, for PRAJ INDUSTRIES , the investors are currently willing to pay '2.89 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 PRAJ INDUSTRIES !

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

Historical PS (Price/Sales) ratio chart of PRAJ INDUSTRIES


PS Ratio Performance Analysis for PRAJ INDUSTRIES

- PRAJ INDUSTRIES 's latest p/e ratio is 2.89x.

- PRAJ INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.26x.

- PRAJ INDUSTRIES 's operated at median p/e ratio of 2.63x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRAJ INDUSTRIES 's p/e ratio peaked in Mar2022 at 3.29x.

- PRAJ INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0.91x.


How does PRAJ INDUSTRIES '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)
PRAJ INDUSTRIES 3,451.72.899,959.2
BHARAT ELECTRONICS LTD18,183.39.31169,368.0
BHARAT HEAVY ELECTRICALS LTD23,859.54.22100,632.0
THERMAX LTD8,870.66.2555,402.3
TRIVENI TURBINE LTD1,565.711.5718,112.6
KIRLOSKAR OIL ENGINES LTD5,622.12.6214,731.8
ELECON ENGINEERING COMPANY LTD1,937.46.1411,897.7
SHRIRAM PISTONS & RINGS LTD2,934.82.948,640.2
KIRLOSKAR BROTHERS LTD3,902.02.7210,629.7
TEGA INDUSTRIES LTD1,382.17.3010,083.1
ION EXCHANGE (INDIA) LTD2,213.53.617,994.1

Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs PRAJ INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.62x
Max industry PS 11.57x
Median industry PS 4.22x
Average industry PS 5.42x



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