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RANE BRAKE LINING
PS (Price/Sales) Ratio

The Current P/S Ratio of RANE BRAKE LINING is 0.92.

Share Price ₹765.1Apr 18,2024
Market Cap ₹589.1 Cr
Sales-TTM₹639.5 CrTTM-Standalone Results
Price/Sales0.92xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of RANE BRAKE LINING

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 RANE BRAKE LINING is calculated as :

Current Market Cap [ ₹589.1 Cr] as on Apr 18,2024

(/) Sales [ ₹639.5 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.92x ]

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

Thus, for RANE BRAKE LINING , the investors are currently willing to pay '0.92 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 RANE BRAKE LINING !

The chart below summarizes the trend in P/S Ratio of RANE BRAKE LINING over the last five years.

Historical PS (Price/Sales) ratio chart of RANE BRAKE LINING


PS Ratio Performance Analysis for RANE BRAKE LINING

- RANE BRAKE LINING 's latest p/e ratio is 0.92x.

- RANE BRAKE LINING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.94x.

- RANE BRAKE LINING 's operated at median p/e ratio of 0.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RANE BRAKE LINING 's p/e ratio peaked in Mar2021 at 1.45x.

- RANE BRAKE LINING 's p/e ratio hit its five-year low in Mar2020 of 0.59x.


How does RANE BRAKE LINING 's P/S Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Sales (Cr)PS RatioMarket Cap (Cr)
RANE BRAKE LINING 639.50.92589.1
BOSCH LTD16,557.15.3388,214.1
SAMVARDHANA MOTHERSON INTERNATIONAL LTD94,110.40.9185,315.1
SONA BLW PRECISION FORGINGS LTD3,044.713.0639,775.8
UNO MINDA LTD13,125.83.1541,288.9
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD3,833.96.7525,879.8
ENDURANCE TECHNOLOGIES LTD9,790.42.6826,216.7
JBM AUTO LTD4,533.54.5920,822.7
TVS HOLDINGS LTD38,397.70.4316,546.0
MINDA CORPORATION LTD4,510.72.149,642.1
CRAFTSMAN AUTOMATION LTD4,326.82.129,176.8

Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs RANE BRAKE LINING 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.43x
Max industry PS 13.06x
Median industry PS 2.68x
Average industry PS 3.82x



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