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SOMI CONVEYOR BELTINGS
PS (Price/Sales) Ratio

The Current P/S Ratio of SOMI CONVEYOR BELTINGS is 1.68.

Share Price ₹145.7Apr 25,2024
Market Cap ₹171.9 Cr
Sales-TTM₹102.5 CrTTM-Standalone Results
Price/Sales1.68xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SOMI CONVEYOR BELTINGS

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 SOMI CONVEYOR BELTINGS is calculated as :

Current Market Cap [ ₹171.9 Cr] as on Apr 25,2024

(/) Sales [ ₹102.5 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 1.68x ]

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

Thus, for SOMI CONVEYOR BELTINGS , the investors are currently willing to pay '1.68 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 SOMI CONVEYOR BELTINGS !

The chart below summarizes the trend in P/S Ratio of SOMI CONVEYOR BELTINGS over the last five years.

Historical PS (Price/Sales) ratio chart of SOMI CONVEYOR BELTINGS


PS Ratio Performance Analysis for SOMI CONVEYOR BELTINGS

- SOMI CONVEYOR BELTINGS 's latest p/e ratio is 1.68x.

- SOMI CONVEYOR BELTINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.53x.

- SOMI CONVEYOR BELTINGS 's operated at median p/e ratio of 0.48x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SOMI CONVEYOR BELTINGS 's p/e ratio peaked in Mar2021 at 0.79x.

- SOMI CONVEYOR BELTINGS 's p/e ratio hit its five-year low in Mar2020 of 0.27x.


How does SOMI CONVEYOR BELTINGS 's P/S Ratio benchmark against top 10 peers in Rubber Products Industry?

Peer Comparison (Rubber Products Industry)Sales (Cr)PS RatioMarket Cap (Cr)
SOMI CONVEYOR BELTINGS 102.51.68171.9
APCOTEX INDUSTRIES LTD1,070.12.182,328.6
PIX TRANSMISSIONS LTD498.63.891,938.5
GRP LTD419.02.08871.1
RUBFILA INTERNATIONAL LTD454.60.89403.6
INDAG RUBBER LTD253.91.53387.8
CAPTAIN PIPES LTD77.43.97307.7
DOLFIN RUBBERS LTD122.71.72210.7

Rubber Products Industry Benchmark (Top 10) PS Analysis vs SOMI CONVEYOR BELTINGS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.89x
Max industry PS 3.97x
Median industry PS 2.08x
Average industry PS 2.24x



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