RACE ECO CHAIN
|
The Current P/S Ratio of RACE ECO CHAIN is 1.58.
Share Price | ₹331.7 | Apr 30,2024 |
Market Cap | ₹543.9 Cr | |
Sales-TTM | ₹343.8 Cr | TTM-Standalone Results |
Price/Sales | 1.58x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of RACE ECO CHAIN
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹543.9 Cr] as on Apr 30,2024
(/) Sales [ ₹343.8 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 1.58x ]
Thus, for RACE ECO CHAIN , the investors are currently willing to pay '1.58 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 RACE ECO CHAIN !
The chart below summarizes the trend in P/S Ratio of RACE ECO CHAIN over the last five years.
Historical PS (Price/Sales) ratio chart of RACE ECO CHAIN
PS Ratio Performance Analysis for RACE ECO CHAIN
- RACE ECO CHAIN 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.40x.
- RACE ECO CHAIN 's operated at median p/e ratio of 1.77x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RACE ECO CHAIN 's p/e ratio peaked in Mar2021 at 7.28x.
- RACE ECO CHAIN 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does RACE ECO CHAIN 's P/S Ratio benchmark against top 10 peers in Environmental Services Industry?
Peer Comparison (Environmental Services Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
RACE ECO CHAIN | 343.8 | 1.58 | 543.9 |
VA TECH WABAG LTD | 2,849.1 | 2.11 | 6,009.2 |
ANTONY WASTE HANDLING CELL LTD | 867.3 | 1.67 | 1,444.4 |
ECO RECYCLING LTD | 24.9 | 46.34 | 1,154.3 |
Environmental Services Industry Benchmark (Top 10) PS Analysis vs RACE ECO CHAIN 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.58x |
Max industry PS | 46.34x |
Median industry PS | 2.11x |
Average industry PS | 12.92x |
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