PRECISION WIRES INDIA
|
The Current P/S Ratio of PRECISION WIRES INDIA is 0.70.
Share Price | ₹126.2 | Apr 18,2024 |
Market Cap | ₹2,254.3 Cr | |
Sales-TTM | ₹3,236.6 Cr | TTM-Standalone Results |
Price/Sales | 0.70x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of PRECISION WIRES INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
PRECISION WIRES INDIA | 3,236.6 | 0.70 | 2,254.3 |
POLYCAB INDIA LTD | 16,771.2 | 4.77 | 80,057.3 |
KEI INDUSTRIES LTD | 7,745.4 | 4.42 | 34,228.1 |
RR KABEL LTD | 6,090.0 | 3.02 | 18,396.8 |
FINOLEX CABLES LTD | 4,837.7 | 3.11 | 15,061.5 |
STERLITE TECHNOLOGIES LTD | 6,210.0 | 1.02 | 6,336.0 |
PARAMOUNT COMMUNICATIONS LTD | 949.3 | 2.56 | 2,430.2 |
UNIVERSAL CABLES LTD | 2,023.2 | 0.86 | 1,739.5 |
DYNAMIC CABLES LTD | 705.6 | 1.37 | 968.8 |
BIRLA CABLE LTD | 756.1 | 1.01 | 760.2 |
DELTON CABLES LTD | 349.6 | 0.90 | 314.9 |
Cable Industry Benchmark (Top 10) PS Analysis vs PRECISION WIRES INDIA 's P/S Ratio
Top 10 Industry Peers | PS 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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