SPICEJET
|
The Current P/S Ratio of SPICEJET is 0.61.
Share Price | ₹62.0 | Apr 25,2024 |
Market Cap | ₹4,853.2 Cr | |
Sales-TTM | ₹7,894.4 Cr | TTM-Consolidated Results |
Price/Sales | 0.61x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of SPICEJET
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹4,853.2 Cr] as on Apr 25,2024
(/) Sales [ ₹7,894.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.61x ]
Thus, for SPICEJET , the investors are currently willing to pay '0.61 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 SPICEJET !
The chart below summarizes the trend in P/S Ratio of SPICEJET over the last five years.
Historical PS (Price/Sales) ratio chart of SPICEJET
PS Ratio Performance Analysis for SPICEJET
- SPICEJET 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.47x.
- SPICEJET 's operated at median p/e ratio of 0.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SPICEJET 's p/e ratio peaked in Mar2021 at 0.81x.
- SPICEJET 's p/e ratio hit its five-year low in Mar2020 of 0.18x.
How does SPICEJET 's P/S Ratio benchmark against top 10 peers in Airlines Industry?
Peer Comparison (Airlines Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
SPICEJET | 7,894.4 | 0.61 | 4,853.2 |
INTERGLOBE AVIATION LTD | 65,239.7 | 2.26 | 147,253.0 |
TANEJA AEROSPACE & AVIATION LTD | 32.1 | 37.56 | 1,205.3 |
TAAL ENTERPRISES LTD | 184.8 | 4.79 | 885.0 |
JET AIRWAYS (INDIA) LTD | 74.8 | 7.09 | 530.2 |
GLOBAL VECTRA HELICORP LTD | 462.9 | 0.71 | 327.8 |
Airlines Industry Benchmark (Top 10) PS Analysis vs SPICEJET 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.61x |
Max industry PS | 37.56x |
Median industry PS | 4.79x |
Average industry PS | 8.84x |
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