RELIANCE INDUSTRIES
|
The Current P/S Ratio of RELIANCE INDUSTRIES is 2.24.
Share Price | ₹2,941.6 | Apr 19,2024 |
Market Cap | ₹1,990,316.0 Cr | |
Sales-TTM | ₹890,133.0 Cr | TTM-Consolidated Results |
Price/Sales | 2.24x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of RELIANCE INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹1,990,316.0 Cr] as on Apr 19,2024
(/) Sales [ ₹890,133.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.24x ]
Thus, for RELIANCE INDUSTRIES , the investors are currently willing to pay '2.24 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 RELIANCE INDUSTRIES !
The chart below summarizes the trend in P/S Ratio of RELIANCE INDUSTRIES over the last five years.
Historical PS (Price/Sales) ratio chart of RELIANCE INDUSTRIES
PS Ratio Performance Analysis for RELIANCE INDUSTRIES
- RELIANCE INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.95x.
- RELIANCE INDUSTRIES 's operated at median p/e ratio of 1.8x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RELIANCE INDUSTRIES 's p/e ratio peaked in Mar2021 at 2.77x.
- RELIANCE INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 1.18x.
How does RELIANCE INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Refineries Industry?
Peer Comparison (Refineries Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
RELIANCE INDUSTRIES | 890,133.0 | 2.24 | 1,990,316.0 |
INDIAN OIL CORPORATION LTD | 888,297.0 | 0.26 | 235,330.0 |
BHARAT PETROLEUM CORPORATION LTD | 508,325.0 | 0.25 | 127,097.0 |
HINDUSTAN PETROLEUM CORPORATION LTD | 454,889.0 | 0.15 | 67,870.5 |
MANGALORE REFINERY AND PETROCHEMICALS LTD | 105,461.0 | 0.38 | 39,784.0 |
CHENNAI PETROLEUM CORPORATION LTD | 79,799.6 | 0.18 | 14,023.7 |
Refineries Industry Benchmark (Top 10) PS Analysis vs RELIANCE INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.15x |
Max industry PS | 2.24x |
Median industry PS | 0.26x |
Average industry PS | 0.58x |
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