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SHREE GANESH REMEDIES
PS (Price/Sales) Ratio

The Current P/S Ratio of SHREE GANESH REMEDIES is 6.86.

Share Price ₹629.8Apr 24,2024
Market Cap ₹806.1 Cr
Sales-TTM₹117.4 CrTTM-Standalone Results
Price/Sales6.86xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SHREE GANESH REMEDIES

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 SHREE GANESH REMEDIES is calculated as :

Current Market Cap [ ₹806.1 Cr] as on Apr 24,2024

(/) Sales [ ₹117.4 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 6.86x ]

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

Thus, for SHREE GANESH REMEDIES , the investors are currently willing to pay '6.86 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 SHREE GANESH REMEDIES !

The chart below summarizes the trend in P/S Ratio of SHREE GANESH REMEDIES over the last five years.

Historical PS (Price/Sales) ratio chart of SHREE GANESH REMEDIES


PS Ratio Performance Analysis for SHREE GANESH REMEDIES

- SHREE GANESH REMEDIES 's latest p/e ratio is 6.86x.

- SHREE GANESH REMEDIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.56x.

- SHREE GANESH REMEDIES 's operated at median p/e ratio of 3.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHREE GANESH REMEDIES 's p/e ratio peaked in Mar2021 at 6.83x.

- SHREE GANESH REMEDIES 's p/e ratio hit its five-year low in Mar2020 of 1.11x.


How does SHREE GANESH REMEDIES 's P/S Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Sales (Cr)PS RatioMarket Cap (Cr)
SHREE GANESH REMEDIES 117.46.86806.1
SUN PHARMACEUTICAL INDUSTRIES LTD47,444.67.52356,625.0
CIPLA LTD25,350.24.46112,938.0
DR REDDYS LABORATORIES LTD27,212.53.6599,276.9
ZYDUS LIFESCIENCES LTD19,024.24.9493,921.9
DIVIS LABORATORIES LTD7,492.813.52101,315.0
MANKIND PHARMA LTD9,946.39.6796,143.2
TORRENT PHARMACEUTICALS LTD10,474.08.6890,872.6
LUPIN LTD19,480.13.7072,010.8
AUROBINDO PHARMA LTD27,894.72.2863,492.3
ABBOTT INDIA LTD5,753.49.4054,105.4

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PS Analysis vs SHREE GANESH REMEDIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.28x
Max industry PS 13.52x
Median industry PS 6.86x
Average industry PS 6.79x



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