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STERLITE TECHNOLOGIES
PS (Price/Sales) Ratio

The Current P/S Ratio of STERLITE TECHNOLOGIES is 0.71.

Share Price ₹110.8Mar 28,2024
Market Cap ₹4,422.0 Cr
Sales-TTM₹6,210.0 CrTTM-Consolidated Results
Price/Sales0.71xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of STERLITE TECHNOLOGIES

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 STERLITE TECHNOLOGIES is calculated as :

Current Market Cap [ ₹4,422.0 Cr] as on Mar 28,2024

(/) Sales [ ₹6,210.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.71x ]

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

Thus, for STERLITE TECHNOLOGIES , the investors are currently willing to pay '0.71 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 STERLITE TECHNOLOGIES !

The chart below summarizes the trend in P/S Ratio of STERLITE TECHNOLOGIES over the last five years.

Historical PS (Price/Sales) ratio chart of STERLITE TECHNOLOGIES


PS Ratio Performance Analysis for STERLITE TECHNOLOGIES

- STERLITE TECHNOLOGIES 's latest p/e ratio is 0.71x.

- STERLITE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.27x.

- STERLITE TECHNOLOGIES 's operated at median p/e ratio of 1.6x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, STERLITE TECHNOLOGIES 's p/e ratio peaked in Mar2019 at 1.73x.

- STERLITE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 0.5x.


How does STERLITE TECHNOLOGIES 's P/S Ratio benchmark against top 10 peers in Cable Industry?

Peer Comparison (Cable Industry)Sales (Cr)PS RatioMarket Cap (Cr)
STERLITE TECHNOLOGIES 6,210.00.714,422.0
POLYCAB INDIA LTD16,771.24.5476,114.3
KEI INDUSTRIES LTD7,745.44.0331,181.1
RR KABEL LTD6,090.02.8517,345.9
FINOLEX CABLES LTD4,837.73.1615,306.2
PRECISION WIRES INDIA LTD3,236.60.712,286.8
PARAMOUNT COMMUNICATIONS LTD949.32.142,032.4
UNIVERSAL CABLES LTD2,023.20.781,577.1
DYNAMIC CABLES LTD705.61.16816.7
BIRLA CABLE LTD756.10.90677.3
DELTON CABLES LTD349.60.92322.5

Cable Industry Benchmark (Top 10) PS Analysis vs STERLITE TECHNOLOGIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.71x
Max industry PS 4.54x
Median industry PS 1.16x
Average industry PS 1.99x



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