SHIPPING CORPORATION OF INDIA
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The Current P/S Ratio of SHIPPING CORPORATION OF INDIA is 1.93.
Share Price | ₹209.3 | Apr 19,2024 |
Market Cap | ₹9,746.9 Cr | |
Sales-TTM | ₹5,052.1 Cr | TTM-Consolidated Results |
Price/Sales | 1.93x | Calculated as Market Cap/Sales |
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Definition & Calculation of PS (Price/Sales) ratio of SHIPPING CORPORATION OF INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹9,746.9 Cr] as on Apr 19,2024
(/) Sales [ ₹5,052.1 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.93x ]
Thus, for SHIPPING CORPORATION OF INDIA , the investors are currently willing to pay '1.93 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 SHIPPING CORPORATION OF INDIA !
The chart below summarizes the trend in P/S Ratio of SHIPPING CORPORATION OF INDIA over the last five years.
Historical PS (Price/Sales) ratio chart of SHIPPING CORPORATION OF INDIA
PS Ratio Performance Analysis for SHIPPING CORPORATION OF INDIA
- SHIPPING CORPORATION OF INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.82x.
- SHIPPING CORPORATION OF INDIA 's operated at median p/e ratio of 0.76x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHIPPING CORPORATION OF INDIA 's p/e ratio peaked in Mar2021 at 1.39x.
- SHIPPING CORPORATION OF INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.4x.
How does SHIPPING CORPORATION OF INDIA 's P/S Ratio benchmark against top 10 peers in Shipping Industry?
Peer Comparison (Shipping Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
SHIPPING CORPORATION OF INDIA | 5,052.1 | 1.93 | 9,746.9 |
THE GREAT EASTERN SHIPPING COMPANY LTD | 5,213.8 | 2.76 | 14,413.1 |
SEAMEC LTD | 635.2 | 4.22 | 2,682.1 |
DREDGING CORPORATION OF INDIA LTD | 1,004.8 | 2.29 | 2,301.7 |
SHREYAS SHIPPING & LOGISTICS LTD | 273.9 | 2.29 | 626.1 |
ESSAR SHIPPING LTD | 32.8 | 19.81 | 649.3 |
GLOBAL OFFSHORE SERVICES LTD | 43.4 | 2.63 | 114.3 |
Shipping Industry Benchmark (Top 10) PS Analysis vs SHIPPING CORPORATION OF INDIA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.93x |
Max industry PS | 19.81x |
Median industry PS | 2.63x |
Average industry PS | 5.13x |
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