REC
|
The Current P/S Ratio of REC is 2.81.
Share Price | ₹507.3 | Apr 30,2024 |
Market Cap | ₹133,569.1 Cr | |
Sales-TTM | ₹47,504.8 Cr | TTM-Consolidated Results |
Price/Sales | 2.81x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of REC
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹133,569.1 Cr] as on Apr 30,2024
(/) Sales [ ₹47,504.8 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.81x ]
Thus, for REC , the investors are currently willing to pay '2.81 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 REC !
The chart below summarizes the trend in P/S Ratio of REC over the last five years.
Historical PS (Price/Sales) ratio chart of REC
PS Ratio Performance Analysis for REC
- REC 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.78x.
- REC 's operated at median p/e ratio of 0.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, REC 's p/e ratio peaked in Mar2019 at 1.19x.
- REC 's p/e ratio hit its five-year low in Mar2020 of 0.59x.
How does REC 's P/S Ratio benchmark against top 10 peers in Finance Term Lending Industry?
Peer Comparison (Finance Term Lending Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
REC | 47,504.8 | 2.81 | 133,569.1 |
INDIAN RAILWAY FINANCE CORPORATION LTD | 26,423.9 | 7.78 | 205,502.0 |
POWER FINANCE CORPORATION LTD | 87,016.2 | 1.67 | 145,666.0 |
IFCI LTD | 1,986.6 | 5.99 | 11,904.9 |
UJJIVAN FINANCIAL SERVICES LTD | 5,678.2 | 1.23 | 6,997.8 |
MAS FINANCIAL SERVICES LTD | 1,288.1 | 3.80 | 4,894.2 |
SATIN CREDITCARE NETWORK LTD | 2,237.6 | 1.29 | 2,897.7 |
TOURISM FINANCE CORPORATION OF INDIA LTD | 244.3 | 6.76 | 1,650.5 |
GUJARAT STATE FINANCIAL CORPORATION LTD | 4.1 | 57.57 | 234.9 |
Finance Term Lending Industry Benchmark (Top 10) PS Analysis vs REC 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.23x |
Max industry PS | 57.57x |
Median industry PS | 3.80x |
Average industry PS | 9.88x |
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