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REMEDIUM LIFECARE
PS (Price/Sales) Ratio

The Current P/S Ratio of REMEDIUM LIFECARE is 0.37.

Share Price ₹100.2May 03,2024
Market Cap ₹1,010.0 Cr
Sales-TTM₹2,708.8 CrTTM-Standalone Results
Price/Sales0.37xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of REMEDIUM LIFECARE

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 REMEDIUM LIFECARE is calculated as :

Current Market Cap [ ₹1,010.0 Cr] as on May 03,2024

(/) Sales [ ₹2,708.8 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 0.37x ]

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

Thus, for REMEDIUM LIFECARE , the investors are currently willing to pay '0.37 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 REMEDIUM LIFECARE !

The chart below summarizes the trend in P/S Ratio of REMEDIUM LIFECARE over the last five years.

Historical PS (Price/Sales) ratio chart of REMEDIUM LIFECARE


PS Ratio Performance Analysis for REMEDIUM LIFECARE

- REMEDIUM LIFECARE 's latest p/e ratio is 0.37x.

- REMEDIUM LIFECARE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.71x.

- REMEDIUM LIFECARE 's operated at median p/e ratio of 0.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, REMEDIUM LIFECARE 's p/e ratio peaked in Mar2019 at 34.96x.

- REMEDIUM LIFECARE 's p/e ratio hit its five-year low in Mar2022 of 0.1x.


How does REMEDIUM LIFECARE 's P/S Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Sales (Cr)PS RatioMarket Cap (Cr)
REMEDIUM LIFECARE 2,708.80.371,010.0
ADANI ENTERPRISES LTD105,472.03.24341,237.0
REDINGTON LTD88,760.90.1917,058.3
HONASA CONSUMER LTD1,777.07.6613,613.4
MMTC LTD712.915.5611,091.0
MSTC LTD748.38.316,222.0
LLOYDS ENTERPRISES LTD958.45.024,808.6
VERITAS (INDIA) LTD3,419.01.153,930.6
NOVARTIS INDIA LTD330.07.912,610.4
OPTIEMUS INFRACOM LTD1,378.11.722,365.8
MISHTANN FOODS LTD409.64.781,958.8

Trading Industry Benchmark (Top 10) PS Analysis vs REMEDIUM LIFECARE 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.19x
Max industry PS 15.56x
Median industry PS 4.78x
Average industry PS 5.08x



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