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PRECISION WIRES INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of PRECISION WIRES INDIA is 0.70.

Share Price ₹126.2Apr 18,2024
Market Cap ₹2,254.3 Cr
Sales-TTM₹3,236.6 CrTTM-Standalone Results
Price/Sales0.70xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of PRECISION WIRES 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 PRECISION WIRES INDIA is calculated as :

Current Market Cap [ ₹2,254.3 Cr] as on Apr 18,2024

(/) Sales [ ₹3,236.6 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.70x ]

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

Thus, for PRECISION WIRES INDIA , the investors are currently willing to pay '0.70 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 PRECISION WIRES INDIA !

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

Historical PS (Price/Sales) ratio chart of PRECISION WIRES INDIA


PS Ratio Performance Analysis for PRECISION WIRES INDIA

- PRECISION WIRES INDIA 's latest p/e ratio is 0.70x.

- PRECISION WIRES INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.27x.

- PRECISION WIRES INDIA 's operated at median p/e ratio of 0.26x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRECISION WIRES INDIA 's p/e ratio peaked in Mar2023 at 0.38x.

- PRECISION WIRES INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.1x.


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

Peer Comparison (Cable Industry)Sales (Cr)PS RatioMarket Cap (Cr)
PRECISION WIRES INDIA 3,236.60.702,254.3
POLYCAB INDIA LTD16,771.24.7780,057.3
KEI INDUSTRIES LTD7,745.44.4234,228.1
RR KABEL LTD6,090.03.0218,396.8
FINOLEX CABLES LTD4,837.73.1115,061.5
STERLITE TECHNOLOGIES LTD6,210.01.026,336.0
PARAMOUNT COMMUNICATIONS LTD949.32.562,430.2
UNIVERSAL CABLES LTD2,023.20.861,739.5
DYNAMIC CABLES LTD705.61.37968.8
BIRLA CABLE LTD756.11.01760.2
DELTON CABLES LTD349.60.90314.9

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.70x
Max industry PS 4.77x
Median industry PS 1.37x
Average industry PS 2.16x



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