PRAJ INDUSTRIES
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The Current P/S Ratio of PRAJ INDUSTRIES is 2.89.
Share Price | ₹541.9 | May 06,2024 |
Market Cap | ₹9,959.2 Cr | |
Sales-TTM | ₹3,451.7 Cr | TTM-Consolidated Results |
Price/Sales | 2.89x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of PRAJ INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
PRAJ INDUSTRIES | 3,451.7 | 2.89 | 9,959.2 |
BHARAT ELECTRONICS LTD | 18,183.3 | 9.31 | 169,368.0 |
BHARAT HEAVY ELECTRICALS LTD | 23,859.5 | 4.22 | 100,632.0 |
THERMAX LTD | 8,870.6 | 6.25 | 55,402.3 |
TRIVENI TURBINE LTD | 1,565.7 | 11.57 | 18,112.6 |
KIRLOSKAR OIL ENGINES LTD | 5,622.1 | 2.62 | 14,731.8 |
ELECON ENGINEERING COMPANY LTD | 1,937.4 | 6.14 | 11,897.7 |
SHRIRAM PISTONS & RINGS LTD | 2,934.8 | 2.94 | 8,640.2 |
KIRLOSKAR BROTHERS LTD | 3,902.0 | 2.72 | 10,629.7 |
TEGA INDUSTRIES LTD | 1,382.1 | 7.30 | 10,083.1 |
ION EXCHANGE (INDIA) LTD | 2,213.5 | 3.61 | 7,994.1 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs PRAJ INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS 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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