SHRIRAM ASSET MANAGEMENT COMPANY
|
The Current P/S Ratio of SHRIRAM ASSET MANAGEMENT COMPANY is 50.56.
Share Price | ₹286.7 | May 08,2024 |
Market Cap | ₹372.7 Cr | |
Sales-TTM | ₹7.4 Cr | TTM-Standalone Results |
Price/Sales | 50.56x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of SHRIRAM ASSET MANAGEMENT COMPANY
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹372.7 Cr] as on May 08,2024
(/) Sales [ ₹7.4 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 50.56x ]
Thus, for SHRIRAM ASSET MANAGEMENT COMPANY , the investors are currently willing to pay '50.56 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 SHRIRAM ASSET MANAGEMENT COMPANY !
The chart below summarizes the trend in P/S Ratio of SHRIRAM ASSET MANAGEMENT COMPANY over the last five years.
Historical PS (Price/Sales) ratio chart of SHRIRAM ASSET MANAGEMENT COMPANY
PS Ratio Performance Analysis for SHRIRAM ASSET MANAGEMENT COMPANY
- SHRIRAM ASSET MANAGEMENT COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 49.08x.
- SHRIRAM ASSET MANAGEMENT COMPANY 's operated at median p/e ratio of 20.56x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHRIRAM ASSET MANAGEMENT COMPANY 's p/e ratio peaked in Mar2019 at 110.6x.
- SHRIRAM ASSET MANAGEMENT COMPANY 's p/e ratio hit its five-year low in Mar2021 of 9.17x.
How does SHRIRAM ASSET MANAGEMENT COMPANY 's P/S Ratio benchmark against top 10 peers in Finance - Asset Management Industry?
Peer Comparison (Finance - Asset Management Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
SHRIRAM ASSET MANAGEMENT COMPANY | 7.4 | 50.56 | 372.7 |
NIPPON LIFE INDIA ASSET MANAGEMENT LTD | 1,643.2 | 22.19 | 36,465.7 |
ADITYA BIRLA SUN LIFE AMC LTD | 1,353.2 | 11.70 | 15,830.8 |
UTI ASSET MANAGEMENT COMPANY LTD | 1,737.0 | 6.76 | 11,745.4 |
Finance - Asset Management Industry Benchmark (Top 10) PS Analysis vs SHRIRAM ASSET MANAGEMENT COMPANY 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 6.76x |
Max industry PS | 50.56x |
Median industry PS | 22.19x |
Average industry PS | 22.80x |
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