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SHIPPING CORPORATION OF INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of SHIPPING CORPORATION OF INDIA is 1.93.

Share Price ₹209.3Apr 19,2024
Market Cap ₹9,746.9 Cr
Sales-TTM₹5,052.1 CrTTM-Consolidated Results
Price/Sales1.93xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SHIPPING CORPORATION OF INDIA

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 SHIPPING CORPORATION OF INDIA is calculated as :

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 ]

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

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 latest p/e ratio is 1.93x.

- 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 RatioMarket Cap (Cr)
SHIPPING CORPORATION OF INDIA 5,052.11.939,746.9
THE GREAT EASTERN SHIPPING COMPANY LTD5,213.82.7614,413.1
SEAMEC LTD635.24.222,682.1
DREDGING CORPORATION OF INDIA LTD1,004.82.292,301.7
SHREYAS SHIPPING & LOGISTICS LTD273.92.29626.1
ESSAR SHIPPING LTD32.819.81649.3
GLOBAL OFFSHORE SERVICES LTD43.42.63114.3

Shipping Industry Benchmark (Top 10) PS Analysis vs SHIPPING CORPORATION OF INDIA 's P/S Ratio

Top 10 Industry PeersPS 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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