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SOLARA ACTIVE PHARMA SCIENCES
PS (Price/Sales) Ratio

The Current P/S Ratio of SOLARA ACTIVE PHARMA SCIENCES is 1.41.

Share Price ₹551.7Apr 24,2024
Market Cap ₹1,985.9 Cr
Sales-TTM₹1,406.9 CrTTM-Consolidated Results
Price/Sales1.41xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SOLARA ACTIVE PHARMA SCIENCES

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 SOLARA ACTIVE PHARMA SCIENCES is calculated as :

Current Market Cap [ ₹1,985.9 Cr] as on Apr 24,2024

(/) Sales [ ₹1,406.9 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.41x ]

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

Thus, for SOLARA ACTIVE PHARMA SCIENCES , the investors are currently willing to pay '1.41 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 SOLARA ACTIVE PHARMA SCIENCES !

The chart below summarizes the trend in P/S Ratio of SOLARA ACTIVE PHARMA SCIENCES over the last five years.

Historical PS (Price/Sales) ratio chart of SOLARA ACTIVE PHARMA SCIENCES


PS Ratio Performance Analysis for SOLARA ACTIVE PHARMA SCIENCES

- SOLARA ACTIVE PHARMA SCIENCES 's latest p/e ratio is 1.41x.

- SOLARA ACTIVE PHARMA SCIENCES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.50x.

- SOLARA ACTIVE PHARMA SCIENCES 's operated at median p/e ratio of 0.9x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SOLARA ACTIVE PHARMA SCIENCES 's p/e ratio peaked in Mar2021 at 3.1x.

- SOLARA ACTIVE PHARMA SCIENCES 's p/e ratio hit its five-year low in Mar2019 of 0.77x.


How does SOLARA ACTIVE PHARMA SCIENCES 's P/S Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Sales (Cr)PS RatioMarket Cap (Cr)
SOLARA ACTIVE PHARMA SCIENCES 1,406.91.411,985.9
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 SOLARA ACTIVE PHARMA SCIENCES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 1.41x
Max industry PS 13.52x
Median industry PS 4.94x
Average industry PS 6.29x



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