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SPICEJET
PS (Price/Sales) Ratio

The Current P/S Ratio of SPICEJET is 0.57.

Share Price ₹57.2May 08,2024
Market Cap ₹4,482.6 Cr
Sales-TTM₹7,894.4 CrTTM-Consolidated Results
Price/Sales0.57xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of SPICEJET

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 SPICEJET is calculated as :

Current Market Cap [ ₹4,482.6 Cr] as on May 08,2024

(/) Sales [ ₹7,894.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.57x ]

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

Thus, for SPICEJET , the investors are currently willing to pay '0.57 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 latest p/e ratio is 0.57x.

- 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 RatioMarket Cap (Cr)
SPICEJET 7,894.40.574,482.6
INTERGLOBE AVIATION LTD65,239.72.41157,286.0
TANEJA AEROSPACE & AVIATION LTD32.134.581,109.7
TAAL ENTERPRISES LTD184.84.35804.6
JET AIRWAYS (INDIA) LTD74.87.14533.8
GLOBAL VECTRA HELICORP LTD462.90.60279.2

Airlines Industry Benchmark (Top 10) PS Analysis vs SPICEJET 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.57x
Max industry PS 34.58x
Median industry PS 4.35x
Average industry PS 8.28x



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