SHRIRAM PISTONS & RINGS
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The Current P/S Ratio of SHRIRAM PISTONS & RINGS is 3.05.
Share Price | ₹2,226.6 | Sep 06,2024 |
Market Cap | ₹9,796.8 Cr | |
Sales-TTM | ₹3,210.0 Cr | TTM-Consolidated Results |
Price/Sales | 3.05x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of SHRIRAM PISTONS & RINGS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹9,796.8 Cr] as on Sep 06,2024
(/) Sales [ ₹3,210.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.05x ]
Thus, for SHRIRAM PISTONS & RINGS , the investors are currently willing to pay '3.05 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 PISTONS & RINGS !
The chart below summarizes the trend in P/S Ratio of SHRIRAM PISTONS & RINGS over the last five years.
Historical PS (Price/Sales) ratio chart of SHRIRAM PISTONS & RINGS
PS Ratio Performance Analysis for SHRIRAM PISTONS & RINGS
- SHRIRAM PISTONS & RINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.22x.
- SHRIRAM PISTONS & RINGS 's operated at median p/e ratio of 0.85x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHRIRAM PISTONS & RINGS 's p/e ratio peaked in Mar2024 at 2.8x.
- SHRIRAM PISTONS & RINGS 's p/e ratio hit its five-year low in Mar2020 of 0.56x.
How does SHRIRAM PISTONS & RINGS 's P/S Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
SHRIRAM PISTONS & RINGS | 3,210.0 | 3.05 | 9,796.8 |
BHARAT ELECTRONICS LTD | 20,978.9 | 9.88 | 207,342.0 |
BHARAT HEAVY ELECTRICALS LTD | 24,374.3 | 3.77 | 91,856.8 |
THERMAX LTD | 9,574.9 | 5.39 | 51,571.4 |
TRIVENI TURBINE LTD | 1,740.8 | 13.61 | 23,689.8 |
KIRLOSKAR OIL ENGINES LTD | 5,990.5 | 3.20 | 19,195.1 |
ELECON ENGINEERING COMPANY LTD | 1,915.4 | 7.22 | 13,829.8 |
PRAJ INDUSTRIES LTD | 3,428.7 | 3.94 | 13,514.9 |
KIRLOSKAR BROTHERS LTD | 4,132.6 | 3.16 | 13,077.5 |
TEGA INDUSTRIES LTD | 1,564.6 | 7.30 | 11,420.2 |
ION EXCHANGE (INDIA) LTD | 2,436.2 | 4.00 | 9,756.3 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PS Analysis vs SHRIRAM PISTONS & RINGS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 3.05x |
Max industry PS | 13.61x |
Median industry PS | 4.00x |
Average industry PS | 5.87x |
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