SOLAR INDUSTRIES INDIA
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The Current P/S Ratio of SOLAR INDUSTRIES INDIA is 11.98.
Share Price | ₹8,456.2 | Apr 16,2024 |
Market Cap | ₹76,528.6 Cr | |
Sales-TTM | ₹6,387.4 Cr | TTM-Consolidated Results |
Price/Sales | 11.98x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of SOLAR INDUSTRIES INDIA
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹76,528.6 Cr] as on Apr 16,2024
(/) Sales [ ₹6,387.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 11.98x ]
Thus, for SOLAR INDUSTRIES INDIA , the investors are currently willing to pay '11.98 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 SOLAR INDUSTRIES INDIA !
The chart below summarizes the trend in P/S Ratio of SOLAR INDUSTRIES INDIA over the last five years.
Historical PS (Price/Sales) ratio chart of SOLAR INDUSTRIES INDIA
PS Ratio Performance Analysis for SOLAR INDUSTRIES INDIA
- SOLAR INDUSTRIES INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.71x.
- SOLAR INDUSTRIES INDIA 's operated at median p/e ratio of 4.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SOLAR INDUSTRIES INDIA 's p/e ratio peaked in Mar2022 at 6.43x.
- SOLAR INDUSTRIES INDIA 's p/e ratio hit its five-year low in Mar2020 of 3.68x.
How does SOLAR INDUSTRIES INDIA 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
SOLAR INDUSTRIES INDIA | 6,387.4 | 11.98 | 76,528.6 |
PIDILITE INDUSTRIES LTD | 12,170.4 | 12.04 | 146,535.0 |
SRF LTD | 13,346.9 | 5.59 | 74,630.9 |
GUJARAT FLUOROCHEMICALS LTD | 4,619.2 | 8.41 | 38,858.9 |
DEEPAK NITRITE LTD | 7,517.0 | 4.21 | 31,660.9 |
TATA CHEMICALS LTD | 16,353.0 | 1.72 | 28,183.7 |
GODREJ INDUSTRIES LTD | 16,885.5 | 1.68 | 28,302.2 |
AARTI INDUSTRIES LTD | 6,256.0 | 4.34 | 27,164.2 |
ATUL LTD | 4,708.7 | 3.74 | 17,599.8 |
VINATI ORGANICS LTD | 1,830.6 | 8.85 | 16,204.5 |
HIMADRI SPECIALITY CHEMICAL LTD | 4,036.8 | 3.77 | 15,228.6 |
Chemicals Industry Benchmark (Top 10) PS Analysis vs SOLAR INDUSTRIES INDIA 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.68x |
Max industry PS | 12.04x |
Median industry PS | 4.34x |
Average industry PS | 6.03x |
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