RITES
|
The Current P/S Ratio of RITES is 6.32.
Share Price | ₹656.4 | May 07,2024 |
Market Cap | ₹15,773.3 Cr | |
Sales-TTM | ₹2,496.4 Cr | TTM-Consolidated Results |
Price/Sales | 6.32x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of RITES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹15,773.3 Cr] as on May 07,2024
(/) Sales [ ₹2,496.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 6.32x ]
Thus, for RITES , the investors are currently willing to pay '6.32 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 RITES !
The chart below summarizes the trend in P/S Ratio of RITES over the last five years.
Historical PS (Price/Sales) ratio chart of RITES
PS Ratio Performance Analysis for RITES
- RITES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.73x.
- RITES 's operated at median p/e ratio of 2.53x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RITES 's p/e ratio peaked in Mar2023 at 3.24x.
- RITES 's p/e ratio hit its five-year low in Mar2022 of 2.37x.
How does RITES 's P/S Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
RITES | 2,496.4 | 6.32 | 15,773.3 |
ENGINEERS INDIA LTD | 3,355.8 | 3.76 | 12,606.6 |
MTAR TECHNOLOGIES LTD | 634.2 | 8.97 | 5,686.8 |
KENNAMETAL INDIA LTD | 1,063.7 | 5.08 | 5,398.8 |
INOX GREEN ENERGY SERVICES LTD | 223.7 | 16.76 | 3,747.9 |
THEJO ENGINEERING LTD | 540.6 | 5.82 | 3,147.5 |
DIVGI TORQTRANSFER SYSTEMS LTD | 261.7 | 9.35 | 2,447.3 |
PITTI ENGINEERING LTD | 1,121.2 | 2.34 | 2,620.7 |
DEEP INDUSTRIES LTD | 410.8 | 4.74 | 1,947.5 |
LOKESH MACHINES LTD | 280.2 | 2.81 | 786.0 |
PRITIKA AUTO INDUSTRIES LTD | 347.4 | 1.44 | 501.5 |
Engineering Industry Benchmark (Top 10) PS Analysis vs RITES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.44x |
Max industry PS | 16.76x |
Median industry PS | 5.08x |
Average industry PS | 6.13x |
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