STERLITE TECHNOLOGIES
|
The Current P/S Ratio of STERLITE TECHNOLOGIES is 0.71.
Share Price | ₹110.8 | Mar 28,2024 |
Market Cap | ₹4,422.0 Cr | |
Sales-TTM | ₹6,210.0 Cr | TTM-Consolidated Results |
Price/Sales | 0.71x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of STERLITE TECHNOLOGIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
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 ]
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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
STERLITE TECHNOLOGIES | 6,210.0 | 0.71 | 4,422.0 |
POLYCAB INDIA LTD | 16,771.2 | 4.54 | 76,114.3 |
KEI INDUSTRIES LTD | 7,745.4 | 4.03 | 31,181.1 |
RR KABEL LTD | 6,090.0 | 2.85 | 17,345.9 |
FINOLEX CABLES LTD | 4,837.7 | 3.16 | 15,306.2 |
PRECISION WIRES INDIA LTD | 3,236.6 | 0.71 | 2,286.8 |
PARAMOUNT COMMUNICATIONS LTD | 949.3 | 2.14 | 2,032.4 |
UNIVERSAL CABLES LTD | 2,023.2 | 0.78 | 1,577.1 |
DYNAMIC CABLES LTD | 705.6 | 1.16 | 816.7 |
BIRLA CABLE LTD | 756.1 | 0.90 | 677.3 |
DELTON CABLES LTD | 349.6 | 0.92 | 322.5 |
Cable Industry Benchmark (Top 10) PS Analysis vs STERLITE TECHNOLOGIES 's P/S Ratio
Top 10 Industry Peers | PS 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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