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SNL BEARINGS
PS (Price/Sales) Ratio

The Current P/S Ratio of SNL BEARINGS is 2.99.

Share Price ₹394.8Apr 24,2024
Market Cap ₹142.1 Cr
Sales-TTM₹47.6 CrTTM-Standalone Results
Price/Sales2.99xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SNL BEARINGS

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 SNL BEARINGS is calculated as :

Current Market Cap [ ₹142.1 Cr] as on Apr 24,2024

(/) Sales [ ₹47.6 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 2.99x ]

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

Thus, for SNL BEARINGS , the investors are currently willing to pay '2.99 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 SNL BEARINGS !

The chart below summarizes the trend in P/S Ratio of SNL BEARINGS over the last five years.

Historical PS (Price/Sales) ratio chart of SNL BEARINGS


PS Ratio Performance Analysis for SNL BEARINGS

- SNL BEARINGS 's latest p/e ratio is 2.99x.

- SNL BEARINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.02x.

- SNL BEARINGS 's operated at median p/e ratio of 1.98x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SNL BEARINGS 's p/e ratio peaked in Mar2019 at 2.8x.

- SNL BEARINGS 's p/e ratio hit its five-year low in Mar2020 of 1.13x.


How does SNL BEARINGS 's P/S Ratio benchmark against top 10 peers in Bearings Industry?

Peer Comparison (Bearings Industry)Sales (Cr)PS RatioMarket Cap (Cr)
SNL BEARINGS 47.62.99142.1
SCHAEFFLER INDIA LTD7,226.17.1251,435.6
TIMKEN INDIA LTD2,814.38.4723,834.2
SKF INDIA LTD4,461.85.1222,841.3
ROLEX RINGS LTD1,204.94.275,140.4
NRB BEARINGS LTD1,121.92.793,134.0
GALAXY BEARINGS LTD131.23.58470.1
BIMETAL BEARINGS LTD229.61.06243.5
VISHAL BEARINGS LTD105.61.57166.0

Bearings Industry Benchmark (Top 10) PS Analysis vs SNL BEARINGS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.06x
Max industry PS 8.47x
Median industry PS 3.58x
Average industry PS 4.11x



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